Catherine Badour
Private equity firm Apax Partners is in talks to sell Israeli shopping comparison website Zap to German publishing firm Axel Springer (SPRGn.DE) for up to 500 million shekels ($144 million), a source close to the matter told Reuters, confirming media reports
British serviced office provider IWG Plc (IWG.L) has received a bid approach from Canadian private equity firm Onex and Brookfield Asset Management (BAMa.TO), it said on Wednesday.
China’s Geely Holding [GEELY.UL], owner of the Volvo car brand, is buying an 8.2 percent stake in Swedish truckmaker AB Volvo (VOLVb.ST) from activist investor Cevian Capital, worth around $3.3 billion at current market prices, Reuters reported.
Japan’s Mitsubishi UFJ Financial Group Inc (8306.T) said on Tuesday it will buy a 73.8 pct stake in Indonesia’s Bank Danamon (BDMN.JK) from Singapore’s sovereign wealth fund Temasek Holdings.
Israel’s largest pharmacy chain Super-Pharm (Israel) Ltd is in talks to acquire Teva Pharmaceutical Industries’ plant in the coastal city of Ashdod, a source told Reuters, confirming media reports.
U.S.-Israeli businessman Naty Saidoff has offered to buy holding group Eurocom, which controls Bezeq Israel Telecom (BEZQ.TA), a source said on Monday, confirming media reports, though any deal would need approval of banks owed money by Eurocom.
Mallinckrodt Plc (MNK.N) said on Tuesday it would buy Sucampo Pharmaceuticals Inc (SCMP.O) in a deal valued at about $1.2 billion to gain access to its constipation drug, Amitiza
German carmaker Daimler has agreed to buy a majority stake in Chauffeur Prive, a French rival to the larger Uber car-ride app, in the latest example of traditional companies looking to deal with challenges from technology-driven start-ups, Reuters reported.
Luxembourg-based satellite TV business M7 has successfully raised €570m ($675.68 million) of leveraged loans to refinance existing debt and pay a €125m dividend to exiting minority shareholders, sources told Reuters.
Central and eastern European pharmacy chain Dr.Max, owned by Penta Investments, has agreed to acquire Romania’s A&D Pharma Group to become the biggest operator in the country, Penta said on Thursday.