Samsung Electronics said on Wednesday it had agreed to buy Germany’s FlaktGroup for 1.5 billion euros ($1.68 billion) as it looks to meet growing demand for cooling of data centres used for artificial intelligence...
Nutresa sells Colombian Starbucks franchise stake to Mexico’s Alsea
Colombian processed food company Nutresa said it sold its 30% stake in the country’s Starbucks franchise operator to a unit of Mexican restaurant chain Alsea. In a statement on Monday night, Nutresa said it had...
Australia’s Woodside says Saudi Aramco might buy into its Louisiana LNG project
Australia’s Woodside Energy said on Wednesday it has agreed to explore opportunities to collaborate with Saudi Aramco, which might take a stake in its $17.5 billion Louisiana liquefied natural gas project. Shares...
Global Eggs completes acquisition in US, closes new deal in Europe
Global Eggs, a group controlled by Brazilian entrepreneur Ricardo Faria, has completed its $1.1 billion acquisition of U.S. egg producer Hillandale Farms, just weeks after closing a new deal in Europe, Faria told...
Tullow Oil divests Gabon operations in $300 million deal
Tullow Oil Plc said on Tuesday its unit, Tullow Gabon Limited, has agreed to sell its entire stake in Tullow Oil Gabon S.A. to Gabon Oil Company for $300 million in cash.
Spanish lender Unicaja denies report it has held merger talks with Sabadell
Spanish lender Unicaja denied on Monday that it held talks about a merger with Banco Sabadell after Bloomberg News reported the lenders held informal discussions for it. The report also said Sabadell’s executives...
Blackstone in talks to buy utility TXNM, source says
The infrastructure investing arm of asset manager Blackstone is in talks to buy New Mexico and Texas-focused utility TXNM Energy, a person familiar with the matter said on Monday. Conversations between Blackstone...
Telefonica hires Citi to sell Chilean business, El Confidencial reports
Spanish telecoms company Telefonica has hired Citi as an adviser to sell its Chilean business, news website El Confidencial reported on Monday, citing unidentified market sources. Telefonica would book a capital loss on...
LondonMetric buys property investment group Urban Logistics for $925 million
British property company LondonMetric is to buy Urban Logistics in a 698.9 million pound ($924.99 million) cash and stock deal, creating one of the country’s largest property investment groups by market...
Santander rejects NatWest’s nearly $15 billion bid for UK retail unit, FT reports
Banco Santander has rejected an offer of around 11 billion pounds ($14.63 billion) from NatWest for its UK retail bank, saying the bid undervalued the business, the Financial Times reported on Friday. The approach by...
Bain Capital to buy PCI Pharma at $10 billion valuation, Bloomberg News reports
Bain Capital is in talks to buy contract drug manufacturer PCI Pharma Services at a valuation of $10 billion, Bloomberg News reported on Friday, citing people familiar with the matter. The buyout firm is in discussions...
US law firms McDermott and Schulte plan to merge
U.S. law firms McDermott, Will & Emery and Schulte, Roth & Zabel are in talks to combine in what would be the latest major legal industry merger, the firms said on Thursday. McDermott and Schulte are...
