British Gas owner Centrica and Energy Capital Partners are in talks to buy the Isle of Grain LNG terminal from National Grid in a deal valued at about 1.5 billion pounds ($2.03 billion), the Financial Times reported on...
Insurance software firm Sapiens to be bought by Advent for $2.5 billion
Israeli software provider Sapiens International said on Wednesday that it will be acquired by Advent International for $2.5 billion in cash, as the U.S. private equity firm zeros in on the insurance industry amid an AI...
Cenovus in talks with Canadian Indigenous groups to buy MEG Energy, Bloomberg News reports
Cenovus Energy is in talks with Canadian Indigenous groups to jointly buy MEG Energy, Bloomberg News reported on Tuesday, citing people familiar with the discussions. A group of First Nations and Metis communities...
UK’s Assura shareholders back PHP’s bid over KKR’s cash offer
Primary Health Properties said on Tuesday it had secured acceptances for 62.9% of Assura shares in its takeover bid for the British healthcare real estate investor, a rare show of investor support in the UK markets amid...
Canadian real estate software provider Altus Group explores sale, sources say
Altus Group, a Canadian software and data analytics provider focused on the real estate industry, is exploring a potential sale after receiving inbound acquisition interest, two people familiar with the matter said on...
Canada’s Gildan nears deal to buy Hanesbrands at about $5 billion valuation, source says
Canada’s Gildan Activewear is nearing a deal to buy Hanesbrands, potentially valuing the U.S. innerwear-maker at about $5 billion, including debt, according to a person familiar with the matter. The talks are at...
Ecolab to acquire Ovivo unit for $1.8 billion to enhance water tech amid AI-driven cooling demand
Ecolab said on Tuesday it would buy Ovivo’s electronics unit for about $1.8 billion in cash to expand its ultra-pure water technology for semiconductor manufacturing, as demand for advanced microchips and AI grows...
Cardinal Health to buy Solaris Health for $1.9 billion, posts weak results
Cardinal Health said on Tuesday it will buy healthcare management firm Solaris Health for $1.9 billion in cash, as the drug distributor looks to expand its specialty business. Shares of Ohio-based Cardinal fell nearly...
Electrical component maker Hubbell to buy peer DMC Power for $825 million
Hubbell said on Tuesday it will acquire smaller peer DMC Power for $825 million in cash, as the electrical equipment maker bolsters its critical components portfolio to meet an expected boom in power demand. DMC designs...
Australia casino operator Star revives 50% asset sale to HK investors
Troubled Australian casino company Star Entertainment said on Tuesday it had revived a sidelined deal with its Hong Kong-based partners to sell a half stake of its A$3.6 billion ($2.35 billion) Brisbane resort, sending...
Martin Sorrell’s S4 Capital confirms merger talks with MSQ Partners
Martin Sorrell’s ad group S4 Capital is in early talks to potentially combine with marketing agency MSQ Partners, it said on Monday, sending its shares as much as 14% higher. S4 Capital, established in 2018...
Hartree in talks to buy major cocoa trader Touton, sources say
Global energy and commodities trader Hartree Partners is in talks to acquire French agro-industrial firm Touton, which trades nearly 10% of the world’s cocoa, two sources with direct knowledge of the matter told...
