Catherine Badour
French telecoms entrepreneur Xavier Niel is to buy a majority stake in eir, Ireland’s former state telecoms monopoly, in a 650 million-euro ($770 million) deal that takes his listed company Iliad (ILD.PA) into its second foreign market, Reuters reported.
At least three consortia, led by France’s Engie SA (ENGIE.PA), Australia’s Macquarie Group Ltd (MQG.AX) and the United Arab Emirates’ sovereign wealth fund Mubadala Development Co, delivered proposals for a Brazilian gas pipeline network owned by state oil company Petrobras, Reuters reported.
Westpac Banking Corp (WBC.AX) said on Wednesday its unit, Hastings Management Pty, will sell its international businesses managed out of the United Kingdom and United States to London-based asset manager Northill Capital.
The Republican-controlled U.S. House of Representatives on Wednesday was expected to give final approval to a sweeping tax bill and send it to President Donald Trump to sign into law, sealing his first major legislative victory in office, Reuters reported.
U.S. investment firm Blackstone (BX.N) said on Wednesday it had clinched an all cash deal to buy real estate specialist Taliesin Property Fund (TPF.L) in its latest push into European real estate, Reuters reported.
The owner of Italy’s La Perla has agreed to one-month exclusive talks with China’s Fosun (0656.HK) over the sale of a majority stake in the luxury lingerie group, Reuters reported.
Pinnacle Renewable Energy Inc, a wood pellets producer owned by Canadian private equity firm Onex Corp, said on Monday it has filed a preliminary prospectus with the Toronto Stock Exchange for an initial public offering of its common shares.
Chinese dairy products maker Feihe International Inc will acquire Vitamin World Inc out of bankruptcy for $28 million, after the U.S. nutritional supplements retailer received no other bids, sources told Reuters.
Consumer packaging company Crown Holdings Inc (CCK.N) said on Tuesday it would buy Signode Industrial Group Holdings (Bermuda) Ltd, which specializes in transit packaging, from Carlyle Group LP (CG.O) in a deal valued at $3.91 billion.
Kindred Healthcare Inc said on Tuesday it will be bought by health insurer Humana Inc and two private equity firms in a deal valued at $4.1 billion.