U.S. banking giant JPMorgan Chase as closed a deal to buy UK-based pensions technology platform WealthOS, according to an internal memo seen by Reuters on Thursday. The acquisition will deepen the bank’s footprint...
General Fusion to go public in US via $1 billion SPAC deal
Nuclear energy startup General Fusion said on Thursday it will go public in the U.S. in a deal of about $1 billion with blank-check company Spring Valley Acquisition Corp. III, as demand grows for cleaner power. The...
Clorox to buy Purell maker GOJO Industries for $2.25 billion
Clorox said on Thursday it would buy privately held skin health and hygiene solutions firm GOJO Industries for $2.25 billion in cash, as the Pine Sol maker looks to expand its position in health and hygiene segments...
Castlelake enters talks to buy bankrupt Spirit as Frontier bid deemed unviable
Spirit Airlines has drawn fresh interest from a potential buyer, with investment firm Castlelake entering talks to acquire the bankrupt carrier, after an offer in November from rival Frontier Group Holdings was deemed...
Energy park developer Hecate to go public in $1.2 billion SPAC deal
Energy infrastructure developer Hecate Energy will go public in the United States in a $1.2 billion deal with blank-check vehicle EGH Acquisition, the companies said on Thursday, as the revival in SPAC transaction...
Prudential to raise stake in Malaysia life insurer holding firm to 70% for $377 million
British insurer Prudential said on Thursday it had agreed to buy an additional 19% stake in Sri Han Suria, the holding company that owns Prudential Assurance Malaysia, for around 1.52 billion ringgit ($376.61 million)...
UK’s Beazley rejects Zurich Insurance’s $10 billion takeover bid
Beazley on Thursday rejected a 7.67-billion-pound ($10.3 billion) takeover offer from Zurich Insurance as materially undervaluing the UK speciality insurer, adding it was lower than another proposal the group turned...
Capital One strikes $5.15 billion Brex deal, quarterly profit rises on interest income boost
Capital One Financial said on Thursday it will acquire fintech firm Brex in a cash and stock deal valued at $5.15 billion and reported a rise in quarterly profit on the back of higher interest income from its credit...
Hot-diggity-dog: Smithfield Foods acquires iconic Nathan’s Famous
U.S. pork processor Smithfield Foods will buy century-old Nathan’s Famous in a $450 million deal that adds the most iconic U.S. hot dog name to its portfolio of brands, the company said Wednesday. Smithfield will...
UK’s NCC Group to sell Escode for $369.4 million
Cybersecurity specialist NCC Group said on Wednesday it has agreed to sell its Escode business to private equity firm TDR Capital for an enterprise value of 275 million pounds($369.35 million), leaving it as a pure-play...
Next buys British footwear brand Russell & Bromley
Fashion retailer Next said on Wednesday it has purchased British footwear brand Russell & Bromley through an insolvency process, paying 2.5 million pounds ($3.4 million). Next said it was also paying 1.3 million...
South Africa’s Nedbank to buy majority stake in Kenya’s NCBA for $856 million
South Africa’s Nedbank Group said on Wednesday it has offered to buy a 66% stake in Kenya’s NCBA Group in a cash-and-stock deal for 13.9 billion rand ($855.5 million) as part of the lender’s ambitions...
