Catherine Badour
Lenders to IHeartMedia Inc have agreed to give the largest U.S. radio broadcaster through Wednesday to try to reach a deal to restructure its $20 billion in debt, Reuters reported.
The Chicago Stock Exchange on Monday said it formally terminated its merger agreement with a consortium led by China-based investors following the U.S. Securities and Exchange Commission’s Feb. 15 decision to block the deal, Reuters reported.
British group Acacia Pharma said on Friday it had priced its initial public offering on the Brussels stock exchange, raising 40 million euros ($49.09 million).
IGM Resins, a Dutch manufacturer of materials for coatings, inks and adhesives, has been put up for sale by its private equity owner in a potential 500 million euro ($614 million) deal, sources told Reuters.
Brazil’s antitrust watchdog Cade approved the sale of Ventos de Santo Estevao Holding, a wind energy firm, to a joint venture between Votorantim Energia and Canadian pension fund CPPIB, the federal register showed on Friday.
U.S. private equity firm Advent International has agreed to buy British electronics and technology business Laird (LRD.L), the firms said on Thursday, valuing it at around 1.2 billion pounds ($1.65 billion) including debt, Reuters reported.
Japan Post Holding Co’s new $1.1 billion private equity fund plans to team up with global buyout firms such as KKR, Blackstone and Permira to invest in companies in Japan and overseas, a senior group executive said.
U.S. insurer AmTrust Financial Services Inc (AFSI.O) said on Thursday it would be acquired in a $2.7 billion deal by a group of shareholders including its founding family, chief executive and private equity funds.
Vingroup JSC VIC.HM, Vietnam’s biggest property developer, has picked four foreign banks for a planned $1 billion listing of its residential property business, sources familiar with the matter said, which will mark a strong run of IPOs in the country.
Buyout group Triton is preparing the sale of pneumatics parts maker Aventics, a former unit of German automotive supplier Robert Bosch, which could fetch a price of around 500 million euros ($610 million), sources told Reuters.