Japanese auto parts giant Denso has proposed to acquire all shares in chipmaker Rohm in a deal that could reach as much as around 1.3 trillion yen ($8.26 billion), the Nikkei business daily said on Friday. The deal...
Owner of Four Loko explores sale of storied alcohol brand, sources say
The parent company of Four Loko, the canned alcoholic beverage that became a college campus sensation in the late 2000s before being reformulated under regulatory pressure, is exploring a sale of the brand that could...
Italy’s Agnelli family sells La Stampa daily after 100 years of ownership
Italian media group GEDI has signed a preliminary deal with regional publisher SAE to sell newspaper La Stampa, the two companies said on Wednesday, putting an end to 100 years of ownership by the Agnelli family. La...
Ziff Davis to sell Ookla and Downdetector to Accenture as part of $1.2 billion deal
Ziff Davis has agreed to sell its Connectivity division, which houses Ookla’s Speedtest app and Downdetector outage tracker, to Accenture for $1.2 billion in cash. The sale, which also includes Ekahau and...
UK’s Rosebank Industries to acquire US firms in $3.05 billion deal
British investor Rosebank Industries said on Tuesday it would buy two U.S.-based industrial businesses, MW Components and CPM, in a deal worth $3.05 billion. The deal is the next major step in Rosebank’s...
UK aerospace supplier Senior receives takeover proposal from Tinicum-Blackstone
British aerospace supplier Senior Plc said on Tuesday it had received a takeover proposal from U.S.-based investment firm Tinicum and Blackstone, adding to a flurry of approaches in recent months by potential...
TotalEnergies sells 50% stake in German battery storage projects to Allianz GI
French oil major TotalEnergies has sold a 50% stake in 11 battery projects under construction in Germany to Allianz Global Investors, the companies said on Tuesday, as interest grows in Germany’s fast-growing...
Criteria lifts Naturgy stake to 28.5% after buying 2.5% from BlackRock
Spain’s Criteria has bought a 2.5% stake in energy firm Naturgy for 611 million euros, lifting its holding to 28.5%, the Spanish holding company said on Tuesday. The Spanish company, which remains the largest...
Hudbay Minerals to buy remaining Arizona Sonoran stake for $1.48 billion
Hudbay Minerals, said on Monday it will buy the remaining shares in Arizona Sonoran Copper Company for $1.48 billion, as the Canadian miner expands its footprint to capitalize on the growing demand for the red metal...
Zurich Insurance to acquire UK’s Beazley for $11 billion
The British insurer Beazley has agreed to the terms of an 8.1 billion pound ($10.8 billion) takeover bid from Zurich Insurance Group, the companies said on Monday, as the Swiss firm looks to expand its foothold in...
Paramount’s $110 billion Warner Bros deal likely to secure FCC backing, FT reports
U.S. Federal Communications Commission Chair Brendan Carr has signaled that the watchdog will not seek to block Paramount’s $110 billion deal to buy Warner Bros and played down competition concerns over a...
Thoma Bravo nears deal for WWEX to create $12 billion shipping tech firm, Bloomberg News reports
U.S. private equity firm Thoma Bravo is in advanced talks to buy third-party logistics provider WWEX Group to create a shipping technology business worth as much as $12 billion, Bloomberg News reported on Monday...
