EU regulators to rule on IBM's Red Hat offer by June-end

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Source: Dukascopy Bank SA
The European antitrust regulators are set to rule on the US tech group International Business Machines' $34B bid for the software firm Red Hat by June 27 that would help the giant expand into its subscription-based software offerings.
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Wed, 22 May 2019 04:57:23 GMT

PE groups bid for Anbang's US luxury hotels portfolio

The private equity groups such as Brookfield Asset Management, Mirae Asset Management, Fortress and Blackstone are bidding for the Anbang Insurance's US luxury hotels business portfolio worth up to $5.8B, according to the Financial Times.

Wed, 22 May 2019 04:35:08 GMT

Wynn Resorts halts talks on Massachusetts casino sale

Wynn Resorts made a decision to halt negotiations with MGM Resorts over its Massachusetts casino, Encore Boston Harbor, sale that had been previously valued at $2.6B, the company announced late Tuesday.

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