Shipping group Maersk to buy U.S. warehousing and distribution firm
20.02.2020 22:27:06 26
Danish shipping group A.P. Moller-Maersk said on Wednesday it had agreed to buy U.S. warehousing and distribution firm Performance Team as part of plans to deliver more customized logistics solutions.
Ally Financial to buy CardWorks in $2.65 billion deal
20.02.2020 22:10:52 31
Auto lender Ally Financial Inc on Tuesday agreed to acquire privately held CardWorks for $2.65 billion as it looks to diversify its consumer product offerings, supported by a growing and low-cost deposit base.
LendingClub to acquire Radius Bank for $185 million
20.02.2020 22:04:43 29
LendingClub Corp on Tuesday agreed to buy U.S. digital lender Radius Bank in a cash-and-stock deal valued at $185 million, as it looks to gain access to a cheaper source of funding and offer a broader suite of banking services.
Vodafone to sell stake in Egyptian unit to Saudi Telecom for $2.4 billion
30.01.2020 21:42:26 79
Saudi Telecom Co., the kingdom’s biggest telecom operator, has struck a preliminary deal to buy Vodafone Group’s 55% stake in Vodafone Egypt for $2.4 billion, as it seeks growth in the Arab world’s most populous nation.
Siemens buys Indian electrification company in $296 million deal
26.01.2020 17:16:10 85
Siemens is buying Indian electrical equipment maker C&S Electric in a 267 million euro ($296.21 million) deal, the German industrial group said on Friday.
Lebanon's Bank Audi in talks with UAE's FAB to sell Egyptian unit
23.01.2020 22:19:47 101
Lebanon’s Bank Audi said on Thursday it was in exclusive negotations with First Abu Dhabi Bank FAB.AD to sell its Egyptian unit in a move aimed at boosting its liquidity and financial resilience.
CITIC Capital bidding for 22% McDonald's China stake: chief
23.01.2020 18:09:05 110
Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald’s Corp’s mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday.
China's Great Wall agrees to buy General Motors' India plant
22.01.2020 23:25:39 109
Great Wall Motor has agreed to buy General Motors’ car plant in India, the companies said on Friday, as the Chinese automaker expands overseas amid slowing domestic demand.
Real estate developer in $240 million deal to buy Philadelphia refinery
22.01.2020 23:19:38 77
Real estate developer Hilco Redevelopment Partners has entered into a $240 million agreement to purchase the Philadelphia Energy Solutions (PES) oil refinery, which was the largest and oldest on the East Coast, according to court documents on Wednesday.
Investor group to buy financial services firm Duff & Phelps for $4.2 billion
22.01.2020 23:11:18 77
A global group of investors led by Stone Point Capital and Further Global will buy financial services firm Duff & Phelps for $4.2 billion, the companies said on Wednesday.
China's Cedar buys steel trading group Stemcor
22.01.2020 22:43:49 87
Chinese commodities group Cedar Holdings has agreed to buy the Stemcor Group, one of the world’s biggest steel traders, for an undisclosed sum, Stemcor said on Tuesday.
Microsoft to Invest $1 Billion in Carbon-Reduction Technology
16.01.2020 22:04:30 135
Software maker commits to becoming “carbon negative” by 2030
Australia's Resolute to sell Ravenswood gold mine for $207 million
15.01.2020 10:59:15 118
Resolute Mining Ltd. said on Wednesday it will sell its Ravenswood Gold mine for up to A$300 million ($207 million) to a consortium led by resource-focused private equity firm EMR Capital.
Anglo American likely to confirm deal to buy Sirius ahead of deadline: sources
15.01.2020 10:42:35 97
Anglo American Plc. is likely to confirm a deal to buy fertilizer company Sirius Minerals Plc. for more than $500 million excluding debt, ahead of an early February deadline to finalise its bid, three sources close to the matter said.
Brazil's Petrobras closes $1.5 billion deal to sell stake in African joint venture
15.01.2020 10:22:33 98
Brazil’s state-controlled oil company Petroleo Brasileiro SA said on Tuesday it had ended its activities in Africa after closing the sale of a 50% stake in Petrobras Oil & Gas BV, which holds some Nigerian oil assets.
Ford invests $82 million to expand Vietnamese plant
15.01.2020 10:15:33 94
Ford Motor Co said on Tuesday it is investing $82 million to expand its plant in northern Vietnam to boost production capacity.
Visa set to buy Plaid, the fintech that powers apps like Betterment and Venmo, for $5.3 billion
14.01.2020 12:23:59 91
Visa announced on Monday it has agreed to buy fintech startup Plaid for $5.3 billion. | Plaid raised $250 million in a Series C in December 2018, which Visa participated in, at a reported valuation of $2.65 billion. | Visa CEO and chairman Al Kelly said in a statement that the deal "will position Visa to deliver even more value for developers, financial institutions and consumers."
Blackstone Nears Deal to Buy Stake in Allcargo’s Unit
14.01.2020 12:10:09 99
The private equity firm will buy stake for 3.8 billion rupees | Allcargo Logistics’ board approved the investment on Monday
U.S. refinery sales hit the brakes, with 5% of capacity on block
10.01.2020 15:21:10 130
From coast to coast, U.S. refineries are available for the taking, but nobody is buying.
CITIC to sell 22% stake in McDonald's China business to PE arm: sources
10.01.2020 15:08:13 120
CITIC Ltd, the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald’s Corp’s mainland China and Hong Kong business, which is likely to be bought by the group’s private equity arm.