M&A Editorial News

Tencent Music tunes up for USD 25bn IPO valuation: WSJ

An article by the Wall Street Journal (WSJ) suggesting Tencent Music is composing what could be one of the largest initial public offerings (IPOs) by a technology company ever has sparked off intense media speculation....

Posted on Mon, 23 Apr 2018 13:56:37 GMT | Read more...

HDBank strikes deal for PG Bank

Ho Chi Minh City Development Bank (HDBank) is taking over unlisted Petrolimex Group Commercial (PG Bank) to create a larger and stronger lender able to take advantage of growth opportunities....

Posted on Mon, 23 Apr 2018 13:53:44 GMT | Read more...

Stars shines light on USD 4.7bn Sky Bet deal

The Stars Group is expanding its operations though a USD 4.70 billion acquisition of Sky Betting and Gaming (Sky Bet), creating the world’s largest publicly-listed company and combining two global leaders in online gambling....

Posted on Mon, 23 Apr 2018 13:06:42 GMT | Read more...

CenterPoint Energy closing in on Vectren deal: Reuters

Texan electric and gas utility CenterPoint Energy is close to reaching an agreement to acquire Indiana-headquartered peer Vectren, according to Reuters....

Posted on Mon, 23 Apr 2018 12:16:05 GMT | Read more...

GE could merge its rail arm with Wabtec: Bloomberg

General Electric (GE) has reportedly been exploring options for its transportation assets for over two months and, according to people familiar with the matter, is in discussions to sell its business to US rail-equipment group Wabtec. ...

Posted on Mon, 23 Apr 2018 11:19:55 GMT | Read more...

Ping An Good Doctor to raise up to HKD 8.77bn

Ping An Healthcare and Technology is seeking a market capitalisation of between HKD 54.22 billion (USD 6.91 billion) and HKD 58.49 billion (USD 7.46 billion) in its Hong Kong debut on 4th May....

Posted on Mon, 23 Apr 2018 07:42:34 GMT | Read more...

Apax taking over Solita

Private equity firm Apax Partners, via its Apax Digital Fund, is picking up a majority stake in Solita, the Finnish strategic information technology player....

Posted on Fri, 20 Apr 2018 14:28:47 GMT | Read more...

IAG to offload Asian operations: Reuters

Australia’s Insurance Australia Group (IAG) is said to be weighing a sale of its southeast Asian businesses in a deal that could be worth about USD 500.00 million, three people close to the matter told Reuters. ...

Posted on Fri, 20 Apr 2018 14:21:52 GMT | Read more...

TransUnion enters UK credit market with GBP 1bn Callcredit purchase

US-based TransUnion is snapping up Callcredit Information, which collates online consumer marketing data, for GBP 1.00 billion....

Posted on Fri, 20 Apr 2018 13:49:48 GMT | Read more...

KinderWorld in SGD 70mn debut: Bloomberg

Advisors are coaching KinderWorld Education on a domestic initial public offering that could value the Singaporean nursery-to-school operator at up to SGD 300.00 million (USD 228.96 million), Bloomberg reported....

Posted on Fri, 20 Apr 2018 11:20:25 GMT | Read more...

Emerson picking up Textron unit

New York-listed Emerson has agreed to acquire the tools and test equipment division of US industrial conglomerate Textron....

Posted on Thu, 19 Apr 2018 14:14:18 GMT | Read more...

Young’s Seafood to hook new owners

It is official, the private equity owners of Young’s Seafood are fishing for potential buyers interested in catching the UK’s leading seafood supplier with annual revenue of more than GBP 500.00 million....

Posted on Thu, 19 Apr 2018 13:49:51 GMT | Read more...

Tencent, TCL and Suning to aid ailing New Leshi Zhixin

A slew of companies is injecting CNY 2.74 billion (USD 436.17 million) into the smart television manufacturer arm of cash-strapped LeEco to help ease overall group financial pressure that has since constrained operations at the unit. ...

Posted on Thu, 19 Apr 2018 13:44:58 GMT | Read more...

Kohlberg picking up Cadence

Private equity firm Kohlberg is purchasing medical device manufacturer Cadence for an undisclosed sum....

Posted on Thu, 19 Apr 2018 13:26:17 GMT | Read more...

Weir to buy ESCO

Scottish engineering giant Weir Group has signed on the dotted line to acquire US-headquartered metal wearparts and components maker ESCO....

Posted on Thu, 19 Apr 2018 13:26:16 GMT | Read more...

SunPower to purchase SolarWorld

SunPower is acquiring SolarWorld Americas in a deal the California-headquartered group claims will make it the biggest solar panel manufacturer in the US....

Posted on Thu, 19 Apr 2018 12:17:58 GMT | Read more...

Grail to plump up coffers ahead of listing: Bloomberg

Grail, the cancer detection test startup backed by Bill Gates and Jeff Bezos, may raise USD 1.00 billion ahead of an initial public offering in Hong Kong, according to Bloomberg....

Posted on Thu, 19 Apr 2018 12:13:21 GMT | Read more...

GNDI close to pricing IPO: Reuters

Grupo Notre Dame Intermédica (GNDI) is said to be in the last stages of an initial public offering (IPO) that Zephyr, the M&A database published by Bureau van Dijk, shows would be first completed listing in Brazil this year....

Posted on Thu, 19 Apr 2018 11:33:29 GMT | Read more...

Generali selling its Belgian subsidiary to Athora

Bermuda-based insurance and reinsurance company Athora Holding is snapping up Generali Belgium for EUR 540.00 million in cash....

Posted on Thu, 19 Apr 2018 11:16:19 GMT | Read more...

PayGroup to debut in May

PayGroup has launched its initial public offering (IPOs) to raise between AUD 5.50 million and AUD 8.50 million (USD 4.27 million and USD 6.61 million) by 10th May....

Posted on Thu, 19 Apr 2018 09:35:00 GMT | Read more...

P&G wins race for Merck’s consumer health business

Procter and Gamble (P&G) is picking up German pharmaceutical giant Merck’s consumer health division, beating off competition from other potential suitors, including Nestlé, Perrigo, Stada owners Bain and Cinven, and Mylan....

Posted on Thu, 19 Apr 2018 07:17:56 GMT | Read more...

Vista Equity picking up majority stake in LogicMonitor

Private equity firm Vista Equity Partners has signed on the dotted line to acquire a majority shareholding in LogicMonitor, the California-headquartered maker of online network monitoring software....

Posted on Wed, 18 Apr 2018 13:48:29 GMT | Read more...

Jinzi Ham to acquire Chenpai

Jinzi Ham is acquiring an 81.2 per cent stake in Jiangsu Chenpai Pharmaceutical for CNY 1.06 billion (USD 168.70 million) in cash to build up its presence in the medical and healthcare sector....

Posted on Wed, 18 Apr 2018 13:46:30 GMT | Read more...

Imerys considers sale of tile business

France-based Imerys is weighing options for its roof tile business, which generates annual revenue of about EUR 300.00 million. ...

Posted on Wed, 18 Apr 2018 13:25:31 GMT | Read more...

Total to spend EUR 1.4bn on Direct Energie majority stake

Oil giant Total is picking up a 74.3 per cent holding in French electricity retailer Direct Energie for EUR 1.41 billion in cash....

Posted on Wed, 18 Apr 2018 13:05:21 GMT | Read more...