German private equity firm Hannover Finanz is exploring options for its cable equipment maker Schlemmer including a potential sale which may value the company at more than 500 million euros ($556 million), sources told Reuters.
2 min read · 23 September 2015
Reinsurer Swiss Re AG has agreed to buy Guardian Financial Services, the Swiss group said on Wednesday, bolstering the British business of its unit which buys and manages closed life insurance policies.
2 min read · 23 September 2015
Cision, a provider of public relations software and intelligence, is working on a bid to acquire press release distributor PR Newswire Association LLC, Reuters News reported.
2 min read · 23 September 2015
BioMed Realty Trust Inc (BMR.N), a real estate investment trust for biotechnologycompanies, is in talks to sell itself and has attracted interest from private equity firm Blackstone Group LP (BX.N), Bloomberg reported, citing people familiar with the matter.
1 min read · 23 September 2015
Citrix Systems Inc (CTXS.O), the U.S. cloud computing company targeted by activist hedge fund Elliott Management, is making a final attempt to sell itself as a whole before it embarks on asset sales, sources told Reuters News.
2 min read · 23 September 2015
British aircraft services company BBA Aviation Plc (BBA.L) said it proposed to buy U.S. competitor Landmark Aviation for $2.065 billion, a deal that would make the combined entity the biggest fixed-base operator in the world, Reuters News reported.
2 min read · 23 September 2015
French nursing home operators Korian and DomusVi are bidding for German peer Casa Reha as they seek to increase their presence in Europe's biggest economy, sources told Reuters.
1 min read · 22 September 2015
British engineering firm Meggitt said it agreed to buy a division of U.S.-based aerospace components company EDAC for $340 million, building on another acquisition it made last month to create a scale player in the sector.
1 min read · 22 September 2015
Music streaming service Deezer plans a flotation on the Paris stock exchange by the end of the year as it tries to keep up with larger, deeper-pocketed rivals such as Apple Inc and Sweden's Spotify, Reuters reported.
2 min read · 22 September 2015
French payments processing firm Ingenico said on Monday it had abandoned discussions to take over British rival Worldpay Group Ltd, just days after the target said it would go ahead with a listing of its shares instead, Reuters News reported.
1 min read · 22 September 2015