chris@arsenalvp.com

Aldar Properties ALDR.AD said on Monday it had reached agreement with Abu Dhabi’s Tourism Development & Investment Company (TDIC) to acquire real estate assets worth 3.7 billion dirhams ($1.01 billion), marking further consolidation of state-controlled entities in the emirate.

Finnish ship technology company Wartsila

Johnson & Johnson (JNJ.N) said on Friday that it was offered about $2.1 billion for its LifeScan Inc unit, which makes blood glucose monitoring products, by private investment firm Platinum Equity.

Norwegian oil firm Aker BP said on Monday it had agreed to sell 10 percent stakes in two North Sea fields to private equity-backed Pandion Energy for an undisclosed amount to help pay for expansion plans in the area.

Canadian luxury retailer Hudson’s Bay Co (HBC) said on Friday it reached an agreement with shareholder Land & Buildings, under which the U.S. activist hedge fund investor would withdraw its appeal against the conditional approval given for an investment by Rhône Capital.