Brookfield Infrastructure Partners is buying Colonial Pipeline, the largest U.S. fuel transportation system, in a deal valued at about $9 billion, including debt, the company said on Thursday. The deal to acquire all...
Hailey Bieber explores sale of her makeup brand Rhode, sources say
Model Hailey Bieber is exploring a sale of her makeup brand Rhode that could be worth more than $1 billion, according to three people familiar with the matter. Bieber has tapped investment bankers at JPMorgan Chase and...
Capital One’s $35 billion deal for Discover clears US DOJ hurdle, NYT reports
Capital One Financial Corp got the greenlight from the Justice Department for its proposed $35 billion acquisition of Discover Financial Services, the New York Times reported on Thursday. The approval came after the DOJ...
Castillo Hermanos strikes $1.5 billion deal to buy U.S. maker of SunnyD, sources say
Guatemalan conglomerate Castillo Hermanos is buying U.S.-based Harvest Hill, maker of beverages such as SunnyD, for around $1.5 billion, including debt, according to people familiar with the matter. The deal is expected...
Billionaire Kretinsky secures regulatory approval for Royal Mail takeover bid
Czech billionaire Daniel Kretinsky’s takeover of Royal Mail-owner International Distribution Services has cleared all regulatory conditions, his company EP Group said on Thursday. The offer may become or be...
Siemens to acquire Dotmatics in $5.1 billion deal in Life Science portfolio push
Siemens AG said on Wednesday it will acquire U.S.-based Dotmatics for $5.1 billion from private equity firm Insight Partners to strengthen its Life Sciences portfolio. Financing for the deal would be primarily carried...
ConocoPhillips eyes sale of Oklahoma assets worth over $1 billion, sources say
ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion takeover of Marathon Oil last year, people familiar with the matter said. The energy producer has hired...
UK food group Greencore to buy rival Bakkavor in $1.6 billion deal
Convenience food manufacturer Greencore on Wednesday agreed to buy rival Bakkavor in a deal valued at 1.2 billion pounds ($1.55 billion), to create a convenience foods giant in Britain. Greencore has offered to buy...
Safran to win EU approval for $1.8 billion Collins deal, sources say
French engine and aircraft equipment maker Safran is set to secure conditional EU antitrust approval for its $1.8 billion bid for Collins Aerospace’s flight controls business, people with direct knowledge of the...
Denmark’s Maersk buys Panama Canal Railway Company
Canadian Pacific Kansas City said on Wednesday it and U.S.-based Lanco Group have sold the Panama Canal Railway Company to a unit of Denmark’s Maersk, one of the world’s largest container shipping groups...
Mexico’s Inbursa sells 49.9% stake in STM Financial to Stellantis subsidiary
Mexican bank Grupo Financiero Inbursa said it will sell a 49.9% stake in its automotive finance unit STM Financial to Fidis, a subsidiary of car manufacturer Stellantis. Inbursa, owned by Mexican tycoon Carlos Slim...
Couche-Tard, 7-Eleven face early hurdle on store divestiture plan
Convenience store chain giants Couche-Tard and Seven & i, who are taking steps to divest thousands of stores they collectively own in North America to ease regulatory concerns ahead of a potential merger, are faced...
