Disrupted
LATEST NEWS FROM DISRUPTED
Disrupted
M&A deals in Permian basin exceeds $100 billion in 2023 - WoodMac
The value of U.S. oil and gas mergers and acquisitions in the Permian basin this year has reached a record of more than $100 billion after several multi-billion dollar deals, consu...
Disrupted
Two Hong Kong IPOs make end-of-year listing dash
Chinese companies iMotion Automotive Technology and Henan Jinyuan Hydrogenated Chemicals are making a last-minute dash to list in Hong Kong before the end of the year, seeking a co...
Disrupted
Japan's Infroneer to buy Japan Wind Development from Bain for $1.4 billion
Japanese civil engineering group Infroneer Holdings said on Tuesday it would buy Japan Wind Development from Bain Capital for about $1.4 billion - an acquistion that will expand it...
Disrupted
Illumina files registration statement for potential Grail divestiture
Illumina said on Monday it had filed a registration statement with the U.S. securities regulator related to a potential divestiture of Grail , even as it challenges a European Unio...
Disrupted
Consolidated Communications investor Frischer opposes $3.1 bln take-private deal
Consolidated Communications investor Charles Frischer said on Monday he plans to vote against the broadband services provider's $3.1 billion take-private deal with an investor cons...
Disrupted
IAG says it has sought EU antitrust approval for Air Europa deal
Airline group IAG said on Monday that it had sought antitrust approval from the European Union for its previously announced plans to buy out the whole of Spanish low-cost airline A...
Disrupted
Renault to pick partner for new Twingo EV by early 2024 -sources
Renault aims to pick a partner to develop its new Twingo electric vehicle by early next year, two sources close to the matter said, with Volkswagen among those in the running.
Disrupted
Occidental Petroleum to expand Permian ops with $12 billion deal for CrownRock
Occidental Petroleum on Monday agreed to buy closely-held U.S. shale oil producer CrownRock in a cash-and-stock deal valued at $12 billion including debt, expanding its presence in...
Disrupted
Shein holds talks with LSE on possible listing -Sky News
Fast fashion firm Shein has held talks with the London Stock Exchange about the possibility of a public listing in the United Kingdom, Sky News reported on Monday, citing sources.
Disrupted
Paris court extends Casino's debt restructuring protection
French supermarkets group Casino said on Monday that the Paris commerce court had extended a protection procedure it had entered into in October to help finalise a deal to restruct...
Disrupted
Investcorp acquires 50% stake in Corsair Capital's infrastructure business
Middle East alternative investment firm Investcorp has acquired a 50% stake in the $4.8 billion infrastructure business of U.S. firm Corsair Capital, the two companies announced on...
Disrupted
Gunvor to acquire BP's 75% stake in Spanish gas power plant
Energy trader Gunvor has agreed to acquire a 75% stake in 785 megawatt (MW) power plant in Bilbao, Spain, from BP gas marketing, a joint statement said on Monday.
Disrupted
Schibsted to sell its media operation to main owner for $568 mln
Norway's Schibsted said on Monday it has made a non-binding agreement worth 6.2 billion crowns ($568 million) to sell its news media operations to its main owner Tinius Trust, spli...
Disrupted
TikTok set to restart e-commerce in Indonesia with $1.5 billion Tokopedia investment
China's TikTok has agreed to spend $840 million to buy most of Indonesian tech conglomerate GoTo's e-commerce unit - a move that appears to allow it to restart its online shopping ...
Disrupted
Australia's Sigma Healthcare signs $5.8 bln merger deal with Chemist Warehouse
Australia's Sigma Healthcare on Monday said it would merge with privately owned pharmacy giant Chemist Warehouse Group to create a A$8.8 billion ($5.79 billion) entity.
Disrupted
Macy's investors mount $5.8 billion buyout bid
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy's private, according to a person familiar ...
Disrupted
Cigna abandons pursuit of Humana, plans $10 billion share buyback
The deal would have created a company with a value exceeding $140 billion but was certain to attract fierce antitrust scrutiny. Sources said that the two could not agree on a price...
Disrupted
Evonik CFO says sale of superabsorbents business on 'home stretch' - BZ
German chemicals maker Evonik is close to finalising the sale of its superabsorbents business, which makes materials for diapers and hygiene products, Chief Financial Officer Maike...
Disrupted