M&A Editorial News

CVC discussing options for D&G: Sky News

CVC Capital Partners is in talks with a small number of rival private equity groups regarding a potential sale of Domestic & General (D&G), a UK-based warranty giant, that could be worth GBP 1.25 billion, city sources told Sky News. ...

Posted on Fri, 24 May 2019 13:56:48 GMT | Read more...

Thomas Cook approached by Triton over sale of Nordic operations

UK-headquartered travel company Thomas Cook has received a preliminary offer from private equity firm Triton Partners for its business in Northern Europe....

Posted on Fri, 24 May 2019 13:46:39 GMT | Read more...

Umicore to pick up Freeport’s assets

Umicore is buying Freeport-McMoRan’s Finland-based cobalt refining and cathode precursor operations in the Kokkola refinery for USD 190.00 million on a debt and cash-free basis....

Posted on Fri, 24 May 2019 13:06:02 GMT | Read more...

Total considering reducing stake in Kazakhstan oil field: Reuters

France’s Total is weighing a disposal of its stake in Kazakhstan’s giant oil field Kashagan in a deal that could fetch around USD 4.00 billion, people familiar with the matter told Reuters. ...

Posted on Fri, 24 May 2019 12:58:38 GMT | Read more...

Charterhouse makes an offer for Tarsus

Private equity firm Charterhouse, through its acquisition vehicle Tiger Acquisitions, has made a cash bid of GBP 561.00 million for the London-listed media business Tarsus....

Posted on Fri, 24 May 2019 12:19:52 GMT | Read more...

BP considering sale of Egypt stake to Dubai’s Dragon Oil: Reuters

BP is close to reaching an agreement for the sale of its stake in the Gulf of Suez Petroleum Company (GUPCO) in Egypt to Dubai-based Dragon Oil for around USD 600.00 million, industry and banking sources told Reuters. ...

Posted on Fri, 24 May 2019 12:03:41 GMT | Read more...

Legoland operator Merlin Entertainment ‘could go private’

Merlin Entertainment shareholder ValueAct Capital has sent an open letter to the company, urging it to strike a deal with an acquiror....

Posted on Fri, 24 May 2019 10:35:46 GMT | Read more...

UFC-owner Endeavor files for IPO

Endeavor Group, the media conglomerate behind the Ultimate Fighting Championship (UFC) and the Miss Universe pageants, has filed preliminary documents with the US Securities and Exchange Commission for its stock market debut. ...

Posted on Fri, 24 May 2019 09:58:13 GMT | Read more...

Global Payment discussing a deal with Total System: Bloomberg

Global Payments is holding discussions with Total System Services regarding a possible tie up, people familiar with the situation told Bloomberg. ...

Posted on Fri, 24 May 2019 09:22:04 GMT | Read more...

FirstService to boost property platform with Global Restoration

FirstService is buying US-based Global Restoration Holdings, a commercial and large loss property restoration firm from Delos Capital....

Posted on Thu, 23 May 2019 14:04:41 GMT | Read more...

Scanfil to acquire HASEC

Finland’s Scanfil is buying German contract manufacturer HASEC-Elektronik for EUR 10.25 million. ...

Posted on Thu, 23 May 2019 13:33:59 GMT | Read more...

Serco to enter US Navy supplies sector through deal with Alion

UK government outsourcer Serco has agreed to acquire the navel systems business of Alion Science & Technology for USD 225.00 million, to expand into the growing supplies market to the US Navy. ...

Posted on Thu, 23 May 2019 13:33:26 GMT | Read more...

NASCAR accelerates down International Speedway

The National Association for Stock Car Auto Racing (NASCAR) has agreed to takeover motorsports activities promotor International Speedway for USD 2.00 billion, setting the wheels in motion for a comeback in car racing popularity....

Posted on Thu, 23 May 2019 12:55:13 GMT | Read more...

Natura to make up a deal with Avon

Natura has agreed to acquire US-based Avon Products for USD 3.70 billion, in a move that will create the fourth-largest pure-play beauty group in the world. ...

Posted on Thu, 23 May 2019 11:37:46 GMT | Read more...

Isaria considering dual track process amid high real estate valuations: Reuters

German property developer Isaria could be putting up a ‘for sale’ sign as private equity owner Lone Star is mulling a full disposal or stock market flotation in hopes of returning EUR 500.00 million, Reuters reported. ...

Posted on Thu, 23 May 2019 10:03:46 GMT | Read more...

LondonMetric to acquire A&J Mucklow

UK warehouse owner LondonMetric Property has reached an agreement to buy London-listed real estate investment trust A&J Mucklow in a cash and stock deal that values the company at GBP 414.70 million. ...

Posted on Thu, 23 May 2019 10:03:10 GMT | Read more...

China CITIC and Baidu joint venture seeks funding: Bloomberg

aiBank, a financial technology (fintech) joint venture formed by China CITIC Bank and Baidu, is looking to raise around CNY 7.00 billion (USD 1.01 billion) in a private funding round, people familiar with the matter told Bloomberg. ...

Posted on Thu, 23 May 2019 09:10:25 GMT | Read more...

Amgen bids to acquire Nuevolution

Nasdaq-listed Amgen has submitted an approach to acquire Nuevolution, a Danish biopharmaceuticals maker, for SEK 1.61 billion (EUR 149.60 million)....

Posted on Wed, 22 May 2019 15:03:27 GMT | Read more...

Aurubis to acquire Metallo

Aurubis, one of Europe’s leading copper smelters, has agreed to buy Belgian-Spanish metal recycling company Metallo Group for EUR 380.00 million. ...

Posted on Wed, 22 May 2019 13:51:36 GMT | Read more...

ParkOhio to forge a deal with Erie Press

ParkOhio has reached an agreement in principal to snap up US-based Erie Press Systems, formerly known as EFCO, a manufacturer of hydraulic and mechanical presses for an undisclosed sum....

Posted on Wed, 22 May 2019 13:27:36 GMT | Read more...

Generali considering buying MetLife’s Central European assets: Bloomberg

Assicurazioni Generali is in the early stages of discussing a possible acquisition of the Central European operations of US-based insurance company MetLife that could be worth around EUR 2.00 billion, people familiar with the matter told Bloomberg....

Posted on Wed, 22 May 2019 12:46:29 GMT | Read more...

Acensus to buy Pension Strategies

In a move to expand its operations across Arizona, Acensus is acquiring US-based Pension Strategies for an undisclosed sum. ...

Posted on Wed, 22 May 2019 12:24:37 GMT | Read more...

Bank of Nanjing in CNY 14bn private placement

BNP Paribas and China National Tobacco are among the four subscribers taking part in a private placement of 1.69 billion new shares worth up to CNY 14.00 billion (USD 2.03 billion) by Bank of Nanjing....

Posted on Wed, 22 May 2019 12:11:28 GMT | Read more...

GCP acquires Hong Kong property

Gaw Capital Partners (GCP) is spending an aggregate HKD 4.75 billion (USD 605.13 million) on acquiring the British Virgin Islands-incorporated holding company of a 26-storey commercial building in Hong Kong....

Posted on Wed, 22 May 2019 12:10:56 GMT | Read more...

Nuvei agrees USD 889mn deal to take over SafeCharge

US-based Nuvei has reached an agreement to acquire UK-based secure e-commerce payments group SafeCharge International for USD 889.00 million. ...

Posted on Wed, 22 May 2019 12:01:43 GMT | Read more...