News

Note: This section contains information in English only.
Mon, 11 Mar 2019 16:55:45 GMT

Apax reviews candidates for Engineering arm sale

The private equity group Apex is considering potential bidders for its IT services unit, Engineering Ingegneria Informatica, estimating an acquisition deal that could possibly value the Italian firm at over $1.68B.

Mon, 11 Mar 2019 16:50:05 GMT

Mastercard loses bid for Britain's Earthport

Mastercard stated its proposal to acquire the British payment company Earthport had expired, potentially clearing the way for its competitor Visa to make an offer for the UK firm.

Mon, 11 Mar 2019 16:33:53 GMT

Playtika, NHL's Canadiens become partners

Playtika, the leading mobile games firm, became a partner of Montreal Canadiens owned by National Hockey League, the company announced on Monday, while being also the main sponsor for Spain's Sevilla FC soccer club.

Mon, 11 Mar 2019 16:25:22 GMT

Ebix proposes to acquire India's Yatra Online

On Monday, the US software company Ebix made an acquisition proposal for the Indian travel services firm Yatra Online in a cash-and-stock deal worth $336M, as it seeks to expand its portfolio in the sector.

Mon, 11 Mar 2019 15:23:28 GMT

US retail sales surge in January

The US retail sales increased unexpectedly in the first month of the year, surged by a rise in the building materials purchases and discretionary spending, while the December receipts were much more uncertain than initially thought.

Mon, 11 Mar 2019 14:59:07 GMT

Barrick signs Nevada JV with Newmont

Barrick Gold has signed Nevada joint venture with its biggest competitor Newmont Mining with intention to unite two largest gold producers in the world, after ending its $18B hostile takeover bid for the company.

Mon, 11 Mar 2019 14:37:30 GMT

TPG Capital to take Goodnight Midstream stake

On Monday, the private equity group TPG Capital stated it would acquire a controlling stake in the US pipeline company Goodnight Midstream in a deal valued at $930M.

Mon, 11 Mar 2019 12:55:55 GMT

Gas firms to align stakes within two licences

On Monday, Edison, Petoro and DEA have come to an agreement to align stakes in the two production licences in the Norwegian Sea, which also includes the development of Dvalin gas.

Mon, 11 Mar 2019 12:51:50 GMT

Azul in non-binding pact to acquire Avianca assets

Brazil's carrier Azul SA has clinched a non-binding deal worth $105M to acquire its rival Avianca Brasil's certain assets, as the airline operates under the bankruptcy court projection.

Mon, 11 Mar 2019 12:38:19 GMT

Levi Strauss plans raising $587M in IPO

On Monday, Levis Strauss & Co said it was hoping to attract about $587M via the initial public offering that marks the jeans maker return to global markets.

Mon, 11 Mar 2019 10:48:27 GMT

Japan blocks ex-Nissan boss from attending meeting

On Monday, a Tokyo court denied the request of the ex-chairman of Nissan to attend the company's this week's board meeting.

Mon, 11 Mar 2019 10:47:44 GMT

Global stocks surge on Monday

After suffering the biggest loss of value during the last week, on Monday, global stock prices surged due to news of economic stimulus being prepared in China.

Mon, 11 Mar 2019 10:35:17 GMT

Glencore strikes deal with Canadian unit Noranda

Glencore, the global miner and trader, signed a deal with Noranda Income Fund, its Canadian subsidiary, on the terms of the annual zinc treatment charges, not disclosing the fees.

Mon, 11 Mar 2019 10:32:02 GMT

Tesla to lift its high-end vehicle prices

Tesla announced it would raise worldwide prices of the electric carmaker's high-end vehicles, such as Model S, Model X and Model 3, by around 3% amid its plan to keep more open retail stores than it was initially planned.

Mon, 11 Mar 2019 09:24:00 GMT

CGI makes $459M cash-bid for Amanda

On Monday, Canada's IT consultancy CGI has made a recommended $459M cash proposal for the Swedish peer Acando with intention to boost its growth strategy and strengthen the company's capabilities in the Northern Europe.

Mon, 11 Mar 2019 09:19:27 GMT

Advent scraps takeover offer for Cerved

The buyout fund Advent scrapped its takeover proposal for Cerved, Italy's credit data provider, following the news leakage to the market, the company stated on Monday.

Mon, 11 Mar 2019 07:57:46 GMT

OneSavings, Charter Court in merger talks

The British challenger banks OneSavings and Charter Court Financial Services have entered the advanced talks over a potential all-share merger deal, both companies announced in a statement on Monday.

Mon, 11 Mar 2019 07:47:29 GMT

Switzerland's Medacta plans IPO this year

On Monday, Medacta Group SA, the Swiss medical device producer, stated it was planning an initial public offering during this year's second quarter, as it sought to expand the company's footprint internationally.

Mon, 11 Mar 2019 07:39:15 GMT

GCP close to board deal with Starboard

GCP Applied Technologies, the US construction materials supplier, is moving closer to signing a deal with Starboard Value, the activist hedge fund, over its board composition, sources reported.

Mon, 11 Mar 2019 07:35:26 GMT

Brazil's Caixa seeks raising $3.9B in IPO

Brazil's Caixa Economica Federal seeks to attract $3.88B through its credit card, lottery, asset management and insurance subsidiaries listing, the bank's CEO Pedro Guimaraes said in an interview to the O Globo newspaper.

Mon, 11 Mar 2019 06:26:56 GMT

Newcrest acquires Canada's mine in $807M deal

Newcrest Mining, the Australian gold miner, is set to acquire the Canadian gold and copper mine for $806.5M, opening the door to more acquisitions, the company's CEO Sandeep Biswas stated on Monday.

Mon, 11 Mar 2019 06:21:48 GMT

UBS, StanChart near settlement to to HK IPO case

Standard Chartered and UBS Group agreed to settle the alleged misconduct connected to the Hong Kong initial public offering, which took place in 2009, the market regulator counsel stated on Monday.

Mon, 11 Mar 2019 05:28:54 GMT

Nvidia close to take over Mellanox Technologies

Nvidia Corp is close to acquire the peer Mellanox Technologies in a cash-deal worth over $7.0B that should boost the chipmaker's business and allow the company to cut its reliance on the industry of video games.

Mon, 11 Mar 2019 05:22:59 GMT

Alibaba takes 14% stake in China's STO Express

China's e-commerce giant Alibaba Group Holding is set to acquire a 14% stake in the local courier firm STO Express for $693M, marking its fourth significant investment in the company and sending STO Express's shares up over 10%.

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