Nestle SA was in exclusive negotiations with EQT Partners about a sale of the company's skin health unit, sources familiar with the matter stated.
On Wednesday, Telecom Italia's Chief Executive Officer Luigi Gubitosi stated that TIM's talks with Open Fiber, the broadband infrastructure group, over a potential merger of the companies were quite advanced.
B Communications' board has supported Searchlight Capital Partners bid to take control over Bezeq Israel Telecom, the Israeli biggest telecom group, it stated on Wednesday.
Sisense, Israel's business intelligence software vendor, announced on Wednesday it had acquired the US analytics provider aimed at cloud data professionals, Periscope Data, in a deal potentially worth over $100M in shares, according to a market source.
France's construction group Eiffage stated on Tuesday it had entered exclusive negotiations with the Chinese investment vehicle, Casil Europe, to acquire a 49.99% stake in the Toulouse-Blagnac airport.
Saudi Arabia's Sahara Petrochemical and Sipchem are planning to sign new merger and acquisition deals in Asia and the United States after their tie-up is finalised, seeking for the market reach expansion, the companies' top executives stated.
United Arab Emirates' Finablr is set to trim its initial public offering price to 175 pence for a share on Tuesday after the company faced weak demand from investors in jittery markets.
On Wednesday, The We Company has launched a real-estate investment platform worth $2.9B called Ark with intention to develop and acquire the commercial properties across the world.
Singapore's real estate company City Developments announced on Wednesday it was planning to make a $1.0B investment in China, including the acquisition of the Sincere Property Group's indirect stake.
Centrais Eletricas Brasileiras, Brazil's state-owned power holding firm, is planning a sale of 45 stakes in windfarms and other companies in this year's second half, the CEO Wilson Ferreira Jr. stated.
UniCredit is preparing to make a possible bid for the German lender Commerzbank by luring bankers into an investment, including the former key German official, sources reported on Wednesday.
On Wednesday, Australia's St Barbara gold miner announced it would acquire Canada's peer Atlantic Gold in a deal valued at C$722M, a second foreign acquisition for the cashed-up Australian producers.
The world's largest retailer Walmart is considering to launch an initial public offering for its UK supermarket arm Asda, after the British regulator blocked Asda's attempt to merge with its competitor Sainsbury's last month.
Crude oil prices remained stable on Wednesday, as data showed a shock rise in the US oil stockpiles. However, the price was supported by tensions in the Middle East.
On Wednesday, the Saudi Arabian government announced that armed drones attacked two of its oil facilities. The attacks took place against a backdrop of US-Iran tension.
On Wednesday, shares in Asia bounced from a three-and-a-half month low, as the US President Donald Trump seems to desire a compromise helped ease concerns about the China-US trade war.
Apple's supplier Japan Display was considering slashing about 1K jobs, or about a 20% of the company's parent-only workforce, eyeing a bailout from consortium of China and Taiwan, the Nikkei reported.
China reported surprisingly slower growth in retail sales and industrial production in April, reinforcing anticipations that Beijing would need to roll out additional stimulus measures, as the trade war with the US escalates.
United Company Rusal reported that its first-quarter net profit halved year-over-year, as depressed global prices and lingering effects of the US sanctions hit the aluminum giant.
Ralph Lauren beat its quarterly profit estimates, benefiting from higher demand, though weak sales in North America disappointed investors, sending shares 8.2% down.
Norway is likely to spend more than preliminary planned from the country's sovereign wealth fund this year, the government stated, raising the likelihood for interest rate increase.
India's automobile sector kept weakening for the fifth month in succession in April with 20% decline in car sales and 16% fall in two-wheeler sales, compared with the same month last year.
The climate cabinet of the German government held ntense discussions over the country's path towards its climate neutrality to be reached by 2050, Chancellor Angela Merkel stated.
Microsoft is set to invest $100M to open an African technology development hub with sites in Nigeria amd Kenya in the next five years, the company stated on Tuesday.