French oil major TotalEnergies on Tuesday said that it is selling a 50% stake in a 270 megawatt portfolio of French wind and solar assets to investment fund manager Eiffel Investment Group. The transaction values the...
UK competition watchdog to probe Subsea 7-Saipem merger
Britain’s competition regulator said on Tuesday it has started a probe into the merger between Norway’s Subsea 7 and Italy’s Saipem for probable competition concerns in the energy services sector. The...
Prada gets EU approval for Versace acquisition
The European Commission said on Tuesday it has given its green light to the acquisition of fashion group Versace by Italy’s Prada. Earlier this year Prada struck a $1.38 billion deal to buy smaller rival Versace...
Reliance Power to divest Indonesian coal subsidiaries for $12 million
Reliance Power said it has signed an agreement to sell its entire stake in five Indonesian coal entities for a total consideration of $12 million. In a regulatory filing, the company said that its subsidiaries: Reliance...
Activist Irenic builds stake in Workiva, pushes for board seats
Irenic Capital Management built a sizable stake in Workiva, arguing the financial reporting software maker needs to improve its operating efficiency, refresh its board and consider a potential sale. Irenic owns roughly...
‘Battlefield’ maker Electronic Arts to go private in record-setting $55 billion LBO
Videogame developer Electronic Arts has agreed to sell itself to a group of private investors in a deal that values the maker of “Battlefield” and “Madden NFL” at $55 billion, which if completed...
Ares Management to acquire Meade Pipeline for $1.1 billion
Ares Management said on Monday its infrastructure funds have bought Meade Pipeline for about $1.1 billion, adding a key natural gas asset to its U.S. energy business as demand for power and gas surges. The investment...
Elliott explores options for British data centre firm Ark, sources say
Elliott Investment Management is exploring strategic options for its UK-based Ark Data Centres in a possible sale that could fetch more than 3 billion pounds ($4.00 billion), according to two people with knowledge of...
Verizon in talks to buy EchoStar wireless spectrum, Bloomberg News reports
U.S. telecom company Verizon Communications is in discussions with EchoStar about purchasing some of its wireless spectrum, Bloomberg News reported on Monday, citing people familiar with the matter. The discussions...
Trump signs order declaring TikTok sale ready and values it at $14 billion
President Donald Trump signed an executive order on Thursday declaring that his plan to sell Chinese-owned TikTok’s U.S. operations to U.S. and global investors will address the national security requirements in a...
Videogame maker EA in advanced talks to go private at roughly $50 billion valuation
Electronic Arts, the videogame publisher behind titles such as “FC” and “Battlefield”, is in advanced talks to go private at a valuation of roughly $50 billion, according to sources familiar with...
Italian MFE in talks on possible purchase of stake in Portugal’s Impresa
MFE-MediaForEurope, the TV group controlled by Italy’s Berlusconi family, is in exclusive talks on the purchase of a relevant stake in the Portuguese media group Impresa, Impresa said on Saturday. It said in a...
