British healthcare REIT Assura on Wednesday rejected the 1.5 billion pound ($1.9 billion) cash-and-stock takeover proposal from industry peer Primary Health Properties leaving a U.S. consortium as the remaining active...
Infineon Technologies to buy Marvell’s auto ethernet business for $2.5 billion
German chipmaker Infineon Technologies said on Monday it would buy Marvell Technology’s automotive ethernet business for about $2.5 billion in cash, to expand its microcontroller segment. The automotive ethernet...
US tariffs prompt 3i Group to delay pet food maker MPM’s sale, Bloomberg News reports
British private equity firm 3i Group Plc has put the sale process of pet food maker MPM on hold to assess the impact of U.S. President Donald Trump’s tariffs, Bloomberg News reported on Monday, citing people...
Trump orders fresh review of Nippon Steel’s bid for US Steel
President Donald Trump on Monday directed a U.S. national security panel to take a fresh look at Nippon Steel’s bid for U.S. Steel to help determine if “further action” is appropriate, raising hopes...
Paramount Global, Skydance Media merger deadline to get 90-day extension
Skydance Media and Paramount Global’s $8 billion merger would be automatically extended by 90 days after its deadline of April 7 under the terms of the companies’ agreement. Paramount’s controlling...
Oman’s Sohar International signals merger intent with Ahli Bank
Oman’s Sohar International Bank said on Monday it plans to explore a merger with smaller rival Ahli Bank SAOG, in a potential deal that would create a lender with around 11.1 billion Omani rials ($28.84 billion)...
Mesa Air, Republic Airways in merger deal to create larger regional airline
Mesa Air Group and Republic Airways agreed to merge in an all-stock deal, the companies said on Monday, in a move that would give them a larger fleet and boost efficiency in regional flying and crew management. The...
Stonepeak to acquire 40% stake in Woodside Energy’s Louisiana LNG project
U.S.-based investment firm Stonepeak will acquire a 40% stake in Woodside Energy’s Louisiana LNG project and contribute $5.7 billion in capital expenditures, the Australian energy company said on Monday. Under the...
Law firms Kramer Levin and Herbert Smith Freehills approve merger
U.S. law firm Kramer Levin Naftalis & Frankel and global legal giant Herbert Smith Freehills said in a joint statement on Friday that their partners voted to approve a merger, creating a 2,700-lawyer firm. The deal...
Brazil’s Equatorial sells power transmission assets to Canada’s CDPQ
Brazilian energy company Equatorial Energia has agreed to sell its portfolio of power transmission assets to a firm owned by Canada’s Caisse de depot et placement du Quebec (CDPQ), it said in a securities filing...
Banco BPM secures 89.9% stake in Anima Holding after tender offer
Italy’s Banco BPM on Friday secured more than the two-third majority threshold set for its buyout offer for asset manager Anima Holding required to reap the maximum benefits from the deal. Bourse data and Reuters...
BHP considered spinning off iron ore, coal divisions
The world’s biggest listed miner BHP Group considered spinning off its Australian iron ore and coal divisions as part of a medium-term growth strategy, three sources with knowledge of the matter told Reuters. As...
