India’s Reliance Industries Ltd has agreed to purchase a controlling stake in Mandarin Oriental New York, a five-star hotel in midtown Manhattan, through the purchase of its Cayman Islands-based parent for $98 million. In a stock exchange filing on Saturday, Reliance… Read More ›
As per a WSJ report late on Wednesday, AT&T Inc’s WarnerMedia and ViacomCBS Inc are exploring a potential sale of a significant stake or all of the CW Network, which they own jointly. The report citing sources close to the matter… Read More ›
In a statement Advanced Micro Devices Inc and Xilinx said, the former’s $35 billion all-stock deal for the latter is expected to close in the first quarter of 2022. Previously the deal was expected to closed by the end of 2021…. Read More ›
In a statement South Korean chipmaker SK Hynix Inc said, it had completed the first phase of its acquisition of Intel Corp’s NAND flash memory chip business, having received regulatory nods from eight countries. The acquisition, which was signed in 2020, will… Read More ›
According to sources familiar with the matter at hand, Denmark based A.P. Moller-Maersk is in an advanced stage of negotiations to acquire Hong Kong based LF Logistics for around $3 billion. An announcement for the potential deal could be made as… Read More ›
As per a report from the Wall Street Journal, the Bank of Montreal is in advanced talks to acquire the U.S. arm of French bank BNP Paribas SA. An agreement could emerge as early as this week, if the talks… Read More ›
In a statement MGM Resorts International said, it would divests its stake in the Mirage hotel and casino in Las Vegas to Hard Rock International for about $1.08 billion in cash. The Mirage opened in 1989 and was acquired by MGM… Read More ›
According to sources familiar with the matter at hand, private equity firm Clearlake Capital has struck a deal to acquire Quest Software Inc from Francisco Partners, valuing the deal at $5.4 billion including debt. The deal is likely to be… Read More ›
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 ›
manageria.biz 