Portugal’s government relaunched the long-delayed privatisation of flag carrier TAP on Thursday, saying it aimed to sell a 49.9% stake within a year’s time, and could then consider offloading more of the...
Australia’s competition watchdog to not fight Lactalis’ bid for Fonterra assets
Australia’s competition watchdog said on Thursday that it would not oppose Lactalis’ proposed acquisition of New Zealand-based Fonterra Co-Operative Group’s consumer, dairy ingredients and food service...
Sunnova to sell part of solar panel business to Omnidian for $7 million
Sunnova Energy said on Wednesday that it has agreed to sell a portion of its residential solar installation business to Omnidian for $7 million in cash, along with the assumption of certain liabilities, as part of a...
US Midwest coffee chain Scooter’s Coffee explores sale, sources say
Drive-through coffee chain Scooter’s Coffee is exploring a sale that could value the privately owned company at close to $1 billion, according to four sources familiar with the matter. Omaha, Nebraska-based...
Asian Paints sells entire stake in Akzo Nobel India
Asian Paints said on Wednesday it sold its entire 4.42% stake for 7.34 billion rupees ($85.69 million) in smaller rival Akzo Nobel India via bulk deals. Asian Paints, India’s largest paintmaker by market share...
Merck to acquire Verona Pharma for $10 billion
Merck will buy UK-based Verona Pharma for about $10 billion, the companies said on Wednesday, strengthening the U.S. firm’s presence in respiratory treatments as it readies for the patent expiry of its blockbuster...
Merck nears $10 billion deal for respiratory drugmaker Verona, FT reports
Merck is nearing a roughly $10 billion deal to buy lung disease-focused biotech Verona Pharma, the Financial Times reported on Wednesday. Merck would pay $107 per American depository share for Verona, the report said...
Royal Gold to acquire Canada’s Sandstorm Gold for $3.5 billion
Royal Gold said on Monday it will acquire Canadian peer Sandstorm Gold for about $3.5 billion, helping the royalty firm strengthen its position in North America at a time when bullion has soared to record highs...
Bondholders, bidders object to Gold Reserve group’s Citgo bid
Holders of a defaulted Venezuelan bond, some creditors and bidders that participated in a U.S. auction of shares in the parent of Venezuela-owned refiner Citgo Petroleumfiled objections to the auction’s...
Samsung to buy US healthcare services company Xealth
Samsung Electronics said on Tuesday it had signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its efforts to expand its mobile healthcare services business. The South Korean company did...
France’s Capgemini to buy outsourcing firm WNS for $3.3 billion
French IT services firm Capgemini has agreed to buy technology outsourcing company WNS for a cash payment of $3.3 billion to capitalize on their Agentic AI offerings for companies seeking to transform their business...
Australia’s Soul Pattinson, Brickworks secure funding for $9.15 billion Topco merger
Australian investment firm Washington H. Soul Pattinson and building materials group Brickworks said on Monday they have jointly secured full funding for their proposed merger to create a $9.15 billion ASX-listed entity...
