Deals
LATEST NEWS FROM DEALS
Deals
SoftBank Group to acquire Ampere Computing in $6.5 billion AI-focused deal
SoftBank Group Corp said on Wednesday it would acquire Ampere Computing, a U.S. chip startup founded by the former president of Intel that is increasingly focused on artificial int...
Deals
Safran offers sale of North American unit to win EU okay on Collins deal, source says
French engine and aircraft equipment maker Safran has offered the sale of a business in North America which it agreed in December, as a remedy to address EU concerns about its $1.8...
Deals
Brookfield leads race to buy Colonial Pipeline, Bloomberg News reports
Brookfield Asset Management is emerging as the frontrunner to acquire Colonial Pipeline, in a deal that could value the pipeline operator at $10 billion or more including debt, Blo...
Deals
HSBC in talks to sell German fund administration unit to BlackFin, Bloomberg News reports
HSBC Holdings is in advanced talks to sell its German fund administration business to private-equity firm BlackFin Capital Partners, Bloomberg News reported on Wednesday, citing pe...
Deals
Sportsradar to buy IMG Arena and its global sports betting rights portfolio
Sports technology company Sportsradar Group has entered into a definitive agreement to buy IMG Arena and its portfolio of global sports betting rights from Endeavor Group Holdings,...
Deals
Allianz, BlackRock and T&D in consortium for Cinven's Viridium stake
A consortium that includes Allianz , BlackRock and T&D Holdings are investing in Viridium Group in a 3.5 billion euro ($3.82 billion) deal that will see the private equity company ...
Deals
Explainer: What levers do China and Hong Kong have over CK Hutchison's port deal?
Hong Kong-based conglomerate CK Hutchison is facing intense criticism from Beijing over its ports sale to a BlackRock-led consortium, fuelling speculation as to whether China could...
Deals
Nykredit secures 80% stake in Spar Nord Bank, plans takeover and delisting
Danish lender Nykredit said on Wednesday it has secured a stake of more than 80% in Spar Nord Bank following a $3.6 billion bid for its domestic rival last year, and aims to comple...
Deals
South Korea's SK On wins EV battery deal with Nissan
South Korean battery maker SK On said on Wednesday that it had won a deal to supply batteries for electric vehicles for Nissan Motor in the United States.
Deals
China's Lens Technology aims for July Hong Kong listing, sources say
Shenzhen-listed Chinese mobile screen maker Lens Technology is planning to file an application for a Hong Kong listing by the end of this month, aiming to get the offering done in ...
Deals
Volkswagen sells 360-million-euro Traton stake for 32.75 euros per share
Volkswagen said on Wednesday it sold a 2.2% stake in Traton for 360 million euros ($393 million) or 32.75 euros per share for better trading in shares of the commercial-vehicles su...
Deals
Singapore competition watchdog says no guidance yet on Grab, GoTo merger plans
The Competition and Consumer Commission of Singapore has not received notification from ride and delivery companies Grab or GoTo on a proposed merger, it said on Wednesday.
Deals
Swiss Re sells stake in Definity Financial for $460 mln
Swiss Re on Tuesday announced a sale of its 10.5% stake in Canadian insurer Definity Financial for 655 million Canadian dollars ($458.49 million).
Deals
Avenue Capital Group to sell some assets in California for $2.2 billion
Global investment firm Avenue Capital Group said on Tuesday it will sell a portfolio of energy transition-focused assets in California to Partners Group for $2.2 billion.
Deals
VTB, Rosneft deal over Zvezda shipyard is now dead, VTB CEO says
Russia's second-largest lender VTB's deal to acquire the Zvezda shipbuilding yard from oil company Rosneft is now dead because the VTB-owned United Shipbuilding Corporation (USC) c...
Deals
Glencore approached battery recycler Li-Cycle for potential deal
London-listed Glencore has made an offer to acquire Canadian lithium battery recycling company Li-Cycle as part of a proposal to offset operational and financial issues.
Deals
ProSieben board puts on hold General Atlantic deal, sources say
The supervisory board of ProSiebenSat.1 has put on hold a potential deal that could hand U.S. private equity firm General Atlantic a minority stake in the German broadcaster, sourc...
Deals
ProSieben board delays decision on General Atlantic deal, sources say
The supervisory board of ProSiebenSat.1 has delayed a decision on a potential deal that could hand U.S. private equity firm General Atlantic a minority stake in the German broadcas...
Deals