Catherine Badour
General Electric Co (GE.N) is exploring a public offering for one of its divisions and discussing hybrid deals with public companies to combine assets, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Warburg Pincus LLC [WP.UL] is in talks to invest in a fundraising round for China’s Ant Financial Services Group [ANTFIN.UL] expected to be worth at least $8 billion, Reuters reported.
Walmart Inc (WMT.N) is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the U.S. retail giant’s biggest acquisition of an online business, Reuters reported.
Varo Energy BV said on Tuesday it had decided not to proceed with plans for a flotation on the Euronext stock exchange in Amsterdam, citing poor market conditions.
Britain’s The Works is planning a stock market flotation that could value the discount gift and stationery chain at about 100 million pounds ($142 million), sources told Reuters.
India’s Manipal Hospitals Enterprises Private Ltd raised its offer to buy rival Fortis Healthcare Ltd’s (FOHE.NS) hospital business by about a fifth in an attempt to win over minority shareholders opposed to the deal, Reuters reported.
Aperam has agreed to acquire VDM Metals for 438 million euros ($542 million), the Luxembourg-based steel producer said on Wednesday, in a move to boost its position in high-end alloys.
A Chinese state-backed consortium is snapping up a majority stake in Australian vitamin company Nature’s Care, valuing the firm at around A$800 million ($619.92 million), the latest in a string of deals led by China for global nutrition assets, Reuters reported.
Singapore state investor Temasek Holding is considering buying stakes in aviation infrastructure and logistics businesses of debt-saddled Chinese group HNA, sources told Reuters.
Alphabet Inc’s Google is in talks to buy Nokia Oyj’s airplane broadband business, Bloomberg reported on Tuesday, citing people familiar with the matter.