British lender Close Brothers said on Friday it has agreed to sell market maker Winterflood Securities to financial services company Marex Group for approximately 103.9 million pounds ($140.20 million) in cash. Close...
Ceconomy confirms it is in advanced talks with China’s JD.com
German electronics retailer Ceconomy confirmed on Thursday it was in advanced negotiations over a potential takeover by China’s JD.com at 4.60 euros per share. Bloomberg had earlier reported that JD.com was...
Constellation Energy receives nod from FERC for Calpine acquisition
Utility company Constellation Energy said on Thursday it has received a regulatory approval from the Federal Energy Regulatory Commission (FERC) for its previously announced $16.4 billion acquisition of Calpine...
Pinnacle Financial Partners, Synovus Financial to merge in $8.6 billion deal
Pinnacle Financial Partners and Synovus Financial have agreed to merge in an $8.6 billion all-stock deal, forming one of the largest regional banks in the southeastern United States with over $115 billion in combined...
Canal+ gets conditional approval for MultiChoice takeover
South Africa’s Competition Tribunal has approved Canal+’s 35 billion rand ($2 billion) takeover offer for TV broadcaster MultiChoice, subject to agreed conditions, the companies said on Wednesday. The deal...
Sony explores sale of cellular chipsets business, sources say
Sony Group is exploring a sale of its unit that provides cellular chipsets for connected devices, as the group shifts its focus to the entertainment segment, according to three people familiar with the matter. The...
BP’s Castrol unit gets One Rock Capital Partners’ bid, Bloomberg News reports
One Rock Capital Partners, a U.S. private equity firm, is one of the few remaining bidders for BP’s Castrol lubricants business, Bloomberg News reported on Wednesday, citing people familiar with the matter. One...
Payments firm Corpay to buy UK’s Alpha Group in $2.2 billion private markets push
Corpay will buy British peer Alpha Group in a $2.2 billion (1.6 billion pounds) cash deal, the U.S.-based business payments firm said on Wednesday, to expand in the fast-growing private markets. The private markets...
Space startup iRocket to go public via $400 million SPAC deal
Reusable rocket developer Innovative Rocket Technologies, commonly known as iRocket, will go public in the U.S. through a $400 million merger with special purpose acquisition company BPGC Acquisition, the companies said...
Waystar to buy Iodine Software in $1.25 billion deal to boost AI in healthcare payments
Healthcare software firm Waystar said on Wednesday it would buy privately held Iodine Software in a deal worth over $1.25 billion, including debt, to expand its use of artificial intelligence in healthcare payments and...
Dubai’s Sidara weighs lowering Wood Group offer after UK regulator’s probe, FT reports
Dubai-based Sidara is considering reducing the price of its takeover bid for Wood Group, as Britain’s financial watchdog has launched a probe into the oilfield services provider, the Financial Times reported on...
Italy’s Saipem, Norway’s Subsea 7 confirm merger to create energy services leader
Italy’s Saipem and its Norwegian rival Subsea7 announced on Thursday a merger to form a leading global player in offshore energy services. The merger terms align with those outlined in February’s memorandum...
