The buyout firm Siris Capital Group and the hedge fund Elliott Management consortium is close to clinch a takeover deal of Travelport Worldwide, the travel software company, sources reported on Thursday.
On Thursday, the French Finance Minister Bruno Le Maire stated the country would impose taxes on the digital titans, such as Google and Facebook, starting from the next year, if the EU-wide tax agreement could not be reached.
Bosch, the German car supplier, stated on Thursday it was seeing a sluggish growth in the global car production next year due to a China's cool-down and falling demand for diesel vehicles in Europe.
On Thursday, Mallinckrodt announced about its plans to spin off the specialty generics arm to its shareholders until the next year's second half, ending the search for an appropriate strategic option for the firm.
A Chairman of Honk Kong's Hopewall Holdings made a proposal to take the group private in a potential deal worth $2.7B, sending its shares up as much as 32% on Thursday.
On Thursday, the financial news outlet TheStreet announced it would sell some of the firm's B2B business units, BoardEx and The Deal, to the British company Euromoney Institutional Investor in a deal worth $87.3M.
The PE firm KKR has led a $100M investment into Cross River Bank, the community bank that owns several famous fintech start-ups in the US, both companies announced on Thursday.
The Finnish firm Amer Sports is nearing a deal worth $5.2B to be acquired by the Chinese Anta Sport-led consortium, which would take 58% of the company.
On Thursday, the ride-hailing service Lyft has confidentially filed for its initial public offering with the US Securities & Exchange Commission, not specifying the amount of shares or the price range for listing.
It was announced by BYD of China on Thursday that the company intends to list on stock exchanges its battery business, which mainly serves electric vehicles. The listing is planned to occur by 2022.
On Thursday, a top executive of Huawei was arrested in Canada under the request of the United States. The event is set to negatively impact the US and China trade truce.
Washington state regulator has rejected a proposed acquisition of the electric utility Avista by Canada's rival Hydro One, as the deal deemed to not keep Avista's customers safe from financial or political risk.
Brazil's miner and world's key nickel producer Vale SA is set to acquire the mid-sized iron miner Ferrous Resources that could be valued at $550M, including debt.
Del Frisco's Restaurant Group has adopted a right plan proposed by shareholders with a 10% trigger after a report on potential sale by Engaged Capital activist investor.
The PE firm Blackstone Group is preparing for an IPO of the US benefits manager Alight Solutions that could be worth over $7.0B, including debt.
Fonterra Co-Operative Group, New Zealand's dairy giant, has reduced its estimated milk payout to farmers, saying it is considering an ice cream business sale.
The Japanese government announced the decision to ease the conditions for curbing solar power subsidy for projects, which have not started operations.
The non-oil private sector of Saudi Arabia expanded at the fastest rate in 11 months in November, suggesting that the economy may be recovering from measures imposed at the beginning of 2018.
Uber Technologies plotted the return of self-driving cars, though the company was taking a more conservative approach trying to recover from an accident that upended autonomous vehicle program.
The Chinese export growth is anticipated to have slowed in November, as a weakening in global demand offset a rush to ship goods to the US ahead of an increase in tariffs.
Nissan Motor uncovered more cases of unacceptable vehicles' testing in Japan and was considering a recall of affected cars, the Nikkei reported.
American International Group racked up an expected $750M to $800M in catastrophe losses over the fourth quarter of 2018, the company's CEO stated.
Volkswagen's core brand is set to seek efficiency and cost gains of nearly $6.8B in a bid to increase the brand's operating margin to 6% by 2023.
On Wednesday, the Scottish Parliament voiced their anger and opposition to the UK Prime Minister Theresa May Brexit plan.