According to sources with knowledge of the matter at hand, KKR & Co. has temporarily paused a process to sell Singapore-based Goodpack, an intermediate bulk container maker, following the Wuhan Coronavirus outbreak which has significantly affected valuations for the proposed… Read More ›
In a statement, the U.S. Justice Department stated, it has approved the planned merger of United Technologies Corporation with Raytheon Co, subject to certain conditions. In June 2019, UTC agreed to combine its aerospace business with Raytheon in order to… Read More ›
On Friday, two sources familiar with the matter at hand have disclosed, EssilorLuxottica’s $8 billion (7.2 billion euro) bid to acquire Dutch GrandVision will face a full-scale EU antitrust investigation, following the latter declining to offer concessions during an initial… Read More ›
On Thursday, Mercari Inc, a fleamarket app operator stated, it has decided to acquire QR code payment app operator Origami for an undisclosed sum. The deal marks the latest consolidation in the industry even as cashless payments take off in… Read More ›
On Tuesday, British broadband supplier TalkTalk stated, it has agreed to sell its fiber network to CityFibre for $260 million (200 million pounds). TalkTalk said it had agreed to a wholesale agreement with Goldman Sachs-backed CityFibre for its residential and… Read More ›
On Saturday, in a statement BASF’s construction chemicals business stated, Lone Star, a private equity firm has entered into a deal to acquire it for $3.5 billion (3.17 billion euros) on a cash and debt-free basis. The deal, having immediate… Read More ›
Swiss drugmaker Roche has won approval from U.S. antitrust authorities for its $4.3 billion bid to acquire gene therapy specialist Spark Therapeutics. The development clears the way for Roche’s strategic push to position itself in the treatment of rare diseases,… Read More ›
In a statement, International Flavors & Fragrances Inc stated, it will merge with DuPont Inc’s nutrition & bio-sciences unit in a deal worth $26.2 billion. Under terms of the agreement, DuPont’s shareholders will get 55.4% of the shares in the… Read More ›
Fiat Chrysler Automobiles (FCA) has decided it will appeal Italy’s tax authority statement which says that the carmaker had underestimated the value of its U.S. business after it bought Chrysler. As per a source close to the matter at hand,… Read More ›
Japan’s Astellas Pharma Inc is set to acquire Audentes Therapeutics Inc for around $3 billion in a deal aimed at boosting genetic medicines – a key area of growth. Gene therapies are one of the hottest areas of drug research…. Read More ›
