In a statement, Alexandre Bompard, the CEO of French supermarket giant Carrefour said, it is weighing options which includes consolidations in the sector and that it has commenced talks with the family behind the Auchan chain of stores. Both Carrefour… Read More ›
In a statement, Apollo Global Management, a U.S. private equity firm said, funds managed by its affiliates have entered a deal to acquire Thermal and Emission Control Materials business from Japan’s advanced materials producer Mitsubishi Chemical Corporation. The deal, which… Read More ›
In a statement Discord said, it has raised $500 million in a funding round led by investment firm Dragoneer Investment Group. Previously Bloomberg News had reported the value of the deal at around $15 billion. Discord declined comment on the… Read More ›
In a statement Richard Branson’s Virgin Orbit said, it is going public through a merger with a blank-check company in a deal valued at around $3.2 billion. The deal is expected to provide $483 million in proceeds to the combined… Read More ›
On Wednesday, Europe’s largest gaming firm by market value said, it had agreed to acquire 3 companies after posting record revenues in the first quarter. Earlier this month, Sweden’s Embracer, which has a strategy of boosting growth through deals, said… Read More ›
According to an internal memo from Citigroup, the bank has hired Dhiren Shah, a veteran tech banker, from Credit Suisse Group AG, as it doubles down on investing in its tech franchise. Shah’s departure from Credit Suisse marks the latest… Read More ›
On Monday, Sydney Airport Holdings Pty Ltd said it has rejected an improved bid worth $16.81 billion (A$22.80 billion) from a group of infrastructure investors since it felt it was undervalued; it went on to add, it was open to… Read More ›
In a statement Philip Morris said, it has raised its bid for British drugmaker Vectura to $2.29 (165 pence) per share. “The PMI (Philip Morris International) increased offer values the entire issued and to be issued ordinary share capital of Vectura at… Read More ›
On Wednesday, in a statement Adecco Group said, it has agreed to acquire AKKA Technologies for $2.4 billion (2 billion euros) and merge it with its own Modis tech brand. The acquisition’s synergy stems from the fact that AKKA’s its… Read More ›
On Tuesday, a filing on the European Commission website shows, the European Commission has approved AerCap’s $30 billion bid for General Electric’s aircraft leasing business without any conditions. The deal between the Irish aircraft leasing company and General Electric’s aircraft… Read More ›
