French spare car parts distributor Autodis said on Wednesday it had decided to suspend its planned initial public offering due to a “cautious” market environment.
1 min read · 23 May 2018
SoftBank Group Corp (9984.T) said on Wednesday it is selling its roughly 20 percent stake in Indian e-commerce firm Flipkart to Walmart Inc (WMT.N), the first public divestment by its Vision Fund.
1 min read · 23 May 2018
Varian Medical Systems (VAR.N) said it would not increase its offer to buy Australian liver cancer treatment provider Sirtex Medical Ltd (SRX.AX) after Sirtex on Tuesday said Chinese private equity firm CDH Investments had submitted a formal bid.
1 min read · 22 May 2018
Sony Corp (6758.T) said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world’s largest music publisher in an industry that has found new life on the back of streaming services.
3 min read · 22 May 2018
Six institutional investors from the United States and Europe are in talks with Kuwait’s Noor Financial Investment (NOOR.KW) to buy a combined 9.59 percent stake in Pakistan’s top Islamic lender Meezan Bank (AMZN.KA) from the Gulf company, sources told Reuters.
2 min read · 21 May 2018
Australia’s BWX Ltd (BWX.AX), a marketer of branded skin and hair care products, said on Monday it received an unsolicited takeover offer from two of its senior executives and Bain Capital, valuing the company at A$803 million ($603 million).
1 min read · 21 May 2018
Blank-check company GS Acquisition Holdings Corp, which is sponsored by an affiliate of Goldman Sachs Group (GS.N), filed on Friday for an initial public offering of up to $600 million, Reuters reported.
1 min read · 21 May 2018
European private equity firms Nordic Capital and Inflexion have raised a combined $8 billion in funds, the Financial Times reported on Sunday.
1 min read · 21 May 2018
IT services provider Roper Technologies Inc said on Monday it would buy software company PowerPlan for $1.1 billion in an all-cash deal from private equity firm Thoma Bravo.
1 min read · 21 May 2018
Private equity firm Blackstone Group LP (BX.N) said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties (LHO.N) for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust (PEB.N) in April for $3.5 billion.
1 min read · 21 May 2018