M&A Editorial News

Vue to snap up CineStar

Vue International has agreed to buy Germany-based cinema chain CineStar for EUR 221.80 million. ...

Posted on Mon, 22 Oct 2018 14:34:22 GMT | Read more...

Fiat agrees sale of Magneti Marelli to KKR-backed Calsonic

After months of speculation regarding who will be the new owner of automotive parts group Magneti Marelli, Fiat Chrysler Automobiles has chosen CK Holdings, controlled by Japan’s Calsonic Kansei, which is backed by private equity firm KKR & Co. ...

Posted on Mon, 22 Oct 2018 13:58:21 GMT | Read more...

eBay drives off with Motors.co.uk

Online marketplace giant eBay has reached an agreement to acquire UK-based car buying and selling platform Motors.co.uk for an undisclosed amount. ...

Posted on Mon, 22 Oct 2018 12:11:09 GMT | Read more...

Alibaba to pop a cork with investment in 1919

Alibaba Group Holding is to invest CNY 2.00 billion (USD 288.75 billion) into domestic wine and spirits retailer 1919.cn, according to a document published by the the National Equities Exchange and Quotations (NEEQ)....

Posted on Fri, 19 Oct 2018 14:23:58 GMT | Read more...

Tata to possibly buy stake in Jet Airways: Times of India

One of India’s leading conglomerates, Tata Group, has been involved in discussions about possibly buying a stake in the flagging Jet Airways, according to an article by the Times of India. ...

Posted on Fri, 19 Oct 2018 13:41:14 GMT | Read more...

Andersons to acquire Lansing Trade

The Andersons, a diversified agricultural group, is purchasing the remaining 67.5 per cent stake in US-based commodities company Lansing Trade in a cash and stock transaction valued at around USD 471.00 million. ...

Posted on Fri, 19 Oct 2018 13:27:03 GMT | Read more...

MassMutual to gain stake in Invesco through sale of OppenheimerFunds

Invesco has reached an agreement to acquire OppenheimerFunds from MassMutual for around USD 5.72 billion in stock, in a deal that pushes the buyer into the top money managers worldwide. ...

Posted on Fri, 19 Oct 2018 13:09:04 GMT | Read more...

Softbank’s Vision Fund considering investment in UK-based lender Oaknorth: Sky News

Saudi Arabia-backed technology investor Softbank’s Vision Fund is mulling a purchase of a stake in UK-based digital bank Acorn Oaknorth Holdings, Sky News reported. ...

Posted on Fri, 19 Oct 2018 10:15:01 GMT | Read more...

Vontobel enters into partnership with Lombard, picking up its US advisory wealth management unit

Two Swiss lenders, Vontobel and Lombard Odier, have announced a strategic wealth management partnership in the US, making it the former’s first acquisition in North America as it looks to expand operations in the region. ...

Posted on Fri, 19 Oct 2018 10:12:49 GMT | Read more...

Quantum Energy considering sale of Intensity Midstream: Bloomberg

Energy-focused private equity investor Quantum Energy Partners is weighing a disposal of Intensity Midstream that could value the natural gas pipeline operator at more than USD 1.50 billion, Bloomberg reported. ...

Posted on Fri, 19 Oct 2018 09:12:05 GMT | Read more...

Micron to take control of IMFT

Micron Technologies is calling time on a 12-year-old joint venture by announcing its intention to exercise a right to fully take control of IM Flash (IMFT) for a total USD 2.50 billion, which includes debt of USD 1.00 billion....

Posted on Fri, 19 Oct 2018 09:00:59 GMT | Read more...

Palantir seeks USD 41bn IPO valuation: WSJ

Bankers have valued Palantir Technologies at up to USD 41.00 billion should the Silicon Valley data mining company decide to hold an initial public offering (IPO) while the iron is hot, the Wall Street Journal (WSJ) reported....

Posted on Fri, 19 Oct 2018 08:23:02 GMT | Read more...

Acadia could be next PE target: Reuters

Acadia Healthcare could be the latest in its industry to be picked up by a private equity (PE) investor as Reuters cited people familiar with the matter as saying talks between the two have already begun. ...

Posted on Thu, 18 Oct 2018 13:52:55 GMT | Read more...

SolarWinds downsizes IPO

SolarWinds is returning to the stock market, via an initial public offering (IPO) potentially worth as much as USD 460.00 million, more than two years after being taken private for USD 4.50 billion....

Posted on Thu, 18 Oct 2018 13:52:16 GMT | Read more...

Tata to possibly buy stake in Jet Airways: Times of India

One of India’s leading conglomerates, Tata Group, has been involved in discussions about possibly buying a stake in the flagging Jet Airways, according to an article by the Times of India. ...

Posted on Thu, 18 Oct 2018 13:50:24 GMT | Read more...

Scripps in tune to buy Triton

Broadcasting business the E.W. Scripps Company is expanding its portfolio through an acquisition of digital audio technology and measurement services group Triton for USD 150.00 million....

Posted on Thu, 18 Oct 2018 13:39:58 GMT | Read more...

Hellenic Petroleum expecting bids next month: Reuters

The Greek government anticipates offers being made for its majority stake in Hellenic Petroleum next month, according to Reuters....

Posted on Thu, 18 Oct 2018 13:27:39 GMT | Read more...

San Miguel slashes FB secondary offering to USD 920mn

San Miguel has slashed a secondary sale of shares in San Miguel Food and Beverage (FB), formed in June through the internal restructuring and consolidation of the conglomerate’s food and drinks businesses, to PHP 49.68 billion (USD 920.86 million)....

Posted on Thu, 18 Oct 2018 12:24:35 GMT | Read more...

‘Golden Nugget approaches Caesars about merger’

Tilman Fertitta, a business mogul who owns Golden Nugget Casinos, has been weighing a tie-up with US giant Caesars Entertainment that could take the form of a reverse merger, according to recent media reports. ...

Posted on Thu, 18 Oct 2018 11:08:05 GMT | Read more...

Novartis expands oncology offerings with deal to buy Endocyte

One of the world’s leading medicine companies, Novartis, is buying US-based biopharmaceutical player Endocyte for USD 2.10 billion. ...

Posted on Thu, 18 Oct 2018 09:05:19 GMT | Read more...

SP to bag deal with Bags

SP Plus is buying US-based baggage services provider Baggage Airline Guest Services and Home Serv Delivery, collectively known as Bags, for USD 275.00 million....

Posted on Thu, 18 Oct 2018 07:52:46 GMT | Read more...

Idemitsu to acquire Showa Shell via share exchange

Idemitsu Kosan, a Japanese oil refiner, has announced plans with rival Showa Shell Sekiyu for a share-exchange agreement worth around JPY 630.00 billion (USD 5.12 billion). ...

Posted on Wed, 17 Oct 2018 13:55:40 GMT | Read more...

Uber may spin off self-driving unit: the FT

Increased competition within the autonomous driving sphere and an upcoming initial public offering has prompted Uber to look at alleviating pressure by opening up the capital of its advanced technologies business to new investors, according to the Financial Times (FT)....

Posted on Wed, 17 Oct 2018 13:14:42 GMT | Read more...

Keppel confirms plans to take over Ixom after recent media speculation

Keppel Infrastructure Trust published a filing on the Singapore Exchange to confirm recent media reports that it is pursuing an acquisition of Australian chemical company Ixom. ...

Posted on Wed, 17 Oct 2018 12:56:00 GMT | Read more...

‘Uber flags down USD 120bn valuation’

Banks hoping to pitch for a position on the much-anticipated initial public offering (IPO) by Uber Technologies are believed to have submitted documents valuing the US ride-hailing powerhouse at as much as USD 120.00 billion....

Posted on Wed, 17 Oct 2018 10:50:39 GMT | Read more...