Private Equity
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
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
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 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 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 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
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 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
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
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