Russia has failed for a second time to auction the stake in gold producer Uzhuralzoloto (UGC) that it seized last year, the federal property management agency said on Tuesday, dealing a blow to the government as it...
Reuters.com
US antitrust regulators poised to approve Paramount’s takeover of Warner Bros, Semafor reports
U.S. antitrust regulators appear ready to approve Paramount’s $110 billion takeover of Warner Bros. Discovery, after a two-hour meeting at the Justice Department, Semafor reported on Tuesday, citing people...
Occidental takes 10% stake in Exxon deepwater block offshore Trinidad, sources say
Occidental Petroleum is acquiring a 10% stake in Exxon Mobil’s deepwater exploration block offshore Trinidad and Tobago, according to two people familiar with the matter. Exxon was previously the sole owner of the...
Italy’s CDP Equity to raise stake in payments group Nexi to 29.9% in strategic move
Italy’s state investor CDP Equity said on Monday it plans to raise its stake in Europe’s biggest payments group Nexi to as much as 29.9%, shoring it up against takeover interest and volatile shareholder...
Jardine Matheson to buy Australia’s I-MED at $2.4 billion enterprise value in healthcare push
Jardine Matheson said on Monday it has agreed to buy Australian medical imaging provider I-MED Radiology Network for a total enterprise value of A$3.4 billion ($2.4 billion), adding a major healthcare diagnostics...
Uber weighs higher bid for Delivery Hero, FT reports
Uber’s board met on Saturday to discuss raising its offer for Delivery Hero after a major shareholder rebuffed Uber’s bid that would value the German food delivery group at over 11.5 billion euros ($13.39...
Russia launches tender to organise sale of 23.76% stake in Aeroflot, RBC reports
Russia launched a tender to select an organiser for the sale of a 23.76% stake in flagship carrier Aeroflot, RBC news outlet reported on Friday, citing the country’s state property agency. The agency...
Shein to buy apparel retailer Everlane
U.S. apparel brand Everlane said on Friday it had reached an agreement to be acquired by online retailer Shein, giving the fast-fashion company ownership of a brand known for sustainability and supply-chain...
Lantheus weighs potential $7 billion sale after Curium’s offer, Bloomberg News reports
Radiopharmaceutical-focused company Lantheus Holdings is weighing a potential sale after getting a takeover offer from private-equity backed Curium Pharma that values it at about $7 billion, Bloomberg News reported on...
UK’s Bodycote gets $2 billion Apollo buyout proposal
Bodycote said it had received a conditional all-cash proposal from Apollo, valuing the British thermal processing services group at about £1.52 billion ($2.04 billion) and sending its shares up as much as 19% on...
Canada’s OMERS sells 25% stake in Spanish energy logistics firm Exolum
Canadian pension fund OMERS has agreed to sell its 25% stake in Spanish energy logistics company Exolum to European real assets investment firm Stoneshield Capital and another investor. The following details are from...
Equity Residential, AvalonBay to merge in mega US real estate deal
Equity Residential and AvalonBay Communities have agreed to an all-stock merger to form a housing rental company with an enterprise value of $69 billion, the firms said on Thursday, strengthening their presence in key...
