Private Equity

Catherine Badour

China commerce ministry conditionally approves Becton Dickinson-C R Bard merger: Reuters

China’s commerce ministry said on Thursday that it has conditionally approved a merger between U.S. medical equipment supplier Becton Dickinson (BDX.N) and its U.S. peer C R Bard (BCR.N).

1 min read · 28 December 2017

Axel Springer in talks to buy Israel's Zap: Reuters

Private equity firm Apax Partners is in talks to sell Israeli shopping comparison website Zap to German publishing firm Axel Springer (SPRGn.DE) for up to 500 million shekels ($144 million), a source close to the matter told Reuters, confirming media reports

1 min read · 28 December 2017

UK office firm IWG gets bid approach from Canada's Onex, Brookfield: Reuters

British serviced office provider IWG Plc (IWG.L) has received a bid approach from Canadian private equity firm Onex and Brookfield Asset Management (BAMa.TO), it said on Wednesday.

1 min read · 27 December 2017

China's Geely turns to Volvo trucks in latest Swedish venture: Reuters

China’s Geely Holding , owner of the Volvo car brand, is buying an 8.2 percent stake in Swedish truckmaker AB Volvo (VOLVb.ST) from activist investor Cevian Capital, worth around $3.3 billion at current market prices, Reuters reported.

3 min read · 27 December 2017

Japan's MUFG to buy 73.8 percent stake in Indonesia's Bank Danamon: Reuters

Japan’s Mitsubishi UFJ Financial Group Inc (8306.T) said on Tuesday it will buy a 73.8 pct stake in Indonesia’s Bank Danamon (BDMN.JK) from Singapore’s sovereign wealth fund Temasek Holdings.

1 min read · 26 December 2017

Israel's Super-Pharm in talks to buy Teva Pharm plant, says source: Reuters

Israel’s largest pharmacy chain Super-Pharm (Israel) Ltd is in talks to acquire Teva Pharmaceutical Industries’ plant in the coastal city of Ashdod, a source told Reuters, confirming media reports.

2 min read · 26 December 2017

Real estate mogul Saidoff offers to buy Israel's Eurocom, says source: Reuters

U.S.-Israeli businessman Naty Saidoff has offered to buy holding group Eurocom, which controls Bezeq Israel Telecom (BEZQ.TA), a source said on Monday, confirming media reports, though any deal would need approval of banks owed money by Eurocom.

2 min read · 26 December 2017

Mallinckrodt to buy Sucampo Pharmaceuticals for about $1.2 billion: Reuters

Mallinckrodt Plc (MNK.N) said on Tuesday it would buy Sucampo Pharmaceuticals Inc (SCMP.O) in a deal valued at about $1.2 billion to gain access to its constipation drug, Amitiza

1 min read · 26 December 2017

Daimler buys majority stake in French car-ride app Chauffeur Prive: Reuters

German carmaker Daimler has agreed to buy a majority stake in Chauffeur Prive, a French rival to the larger Uber car-ride app, in the latest example of traditional companies looking to deal with challenges from technology-driven start-ups, Reuters reported.

1 min read · 21 December 2017

Sequoia looks to raise about $6 billion for new fund: Recode

Silicon Valley venture capital giant Sequoia Capital is in the early stages of raising $5 billion to $6 billion for a third global growth fund, Recode reported.

1 min read · 21 December 2017

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