Turkish Airlines said on Tuesday that its offer for the acquisition of a minority stake in Spanish airline Air Europa has been accepted. The Turkish flag carrier disclosed in June that it was holding non-binding talks...
China’s Dongfeng Motor puts its 50% stake in Dongfeng Honda Engine up for sale
China’s Dongfeng Motor has put its 50% stake in Dongfeng Honda Engine Company up for sale, according to a stock exchange filing on the Guangdong United Assets and Equity Exchange on Monday. A reserve price has yet...
AI startup Perplexity makes bold $34.5 billion bid for Google’s Chrome browser
Perplexity AI made a $34.5 billion unsolicited all-cash offer for Alphabet’s Chrome browser on Tuesday, a bid far above its own valuation as the startup reaches for the browser’s billions of users pivotal to...
Ampol nears $656 million deal to buy EG Group’s Australian fuel stations, AFR reports
Australia’s Ampol is in advanced talks to buy British fuel station operator EG Group’s Australian service station portfolio in a deal that could exceed A$1 billion ($656.30 million), the Australian Financial...
Centrica frontrunner to buy National Grid’s LNG terminal in $2 billion deal, FT reports
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...
