M&A/IPO

Toshiba

A Frail Yen Will Fuel Up Foreign Purchases

Toshiba may slip down in the history for the second time. The foreign buyout groups are ready to offer $22 billion (¥3...

Oman Investment Authority Plans Two Major IPOs This Year

Oman Investment Authority (OIA), Oman's state-owned Sovereign Wealth Fund (SWF), is planning to list two subsidiaries of its petroleum company OQ.

McDonald’s to Reopen Under a New Name In Russia

Alexander Govor, the new owner of McDonald's, has renamed the McDonald's chain of restaurants in Russia, Oleg Paroev, CEO of the new...

Cinven Set To Acquire Telecom Major ETC Group From Carlyle

Private equity fund Cinven has entered into exclusive negotiations to acquire a majority stake in the Euro Techno Com Group (ETC Group)...

PFC Lists Green Bonds Worth $321 Million on LGX via LuxSE

Power Finance Corporation Limited (PFC) of India listed green bonds worth $321 million on Luxembourg Green Exchange (LGX) under Luxembourg Stock Exchange...
Forbes

Forbes Backs Out From Going Public via SPAC

Forbes, the century-old business magazine backed out from going public via Special Purpose Acquisition Company (SPAC) deal. Shareholders of Forbes concluded the...
Fraser

Mike Ashley’s Frasers Group Has Bought the Fashion Retailer Misguided

Mike Ashley’s Fraser Group has brought Fashion Retailer Misguided out of administration for $25.16 million. The competitors include Boohoo, Shein and JD...

Online Investment Platform Linqto Increase Investor Membership by 50,000

Linqto, an online investment platform, has increased its number of investors by 50,000. This is a major stepping stone for the company.

Covetrus Strikes $4 Billion Deal With CD&R and TPG

Animal health technology and services major Covetrus (NASDAQ: CVET) signed an agreement with private investment firm Clayton, Dubilier and Rice (CD&R); and...
Packaging industry

AZZ Inc Acquires Precoat Metals from Sequa Corporation

AZZ Inc., an international supplier of coating products, welding solutions and engineering services for infrastructure, has acquired Precoat Metals at $1.28 billion....

Recent Articles

Roe vs Wade Reversal May Impact Telemedicine in US

Roe v. Wade was reversed last week by the U.S. Supreme Court and it was a 5-4 decision. In response, people, both...
Central Bank

Central Bank Chiefs Want Action to Bring Price Growth Back to Moderate Levels

The central bank Chiefs around the world have warned that the era of low interest rates and moderate inflation has come to...
Zomato

Zomato Lost Nearly $1 Billion in Value After Blinkit Deal

Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...

Blockbuster Deal For Pharma Major Boots Comes A Cropper

The Walgreens Boots Alliance (WBA) announced it has abandoned plans to sell UK Pharma major Boots. It further announced Boots and No7...

London Rail Strike Loss Estimated to be $36.85M Per Day

London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...

Most Popular

Famous Retail Chains Still Continue Businesses in Russia

Companies such as IKEA, Mc Donald`s with retail chains decided to leave the Russian market following sanctions against Russia for invading Ukraine....
Airlines recover from COVID distress

Airlines Begin to Rebound from COVID Distress

Tourism was hit hard by the COVID-19 pandemic. In particular, airlines experienced distress. Travel in and out of state was practically non-existent...

Railsbank Raises $37 Million; Fintech Funding Stagnant in Q3

Railsbank raised $37 million in additional funding but fintech funding remained stagnant in quarter 3. The London-based fintech raised the capital to...

Consortium Flies High With Offer for Sydney Airport

A consortium of institutional investors has offered to buyout Sydney Airport. On June 5, Sydney Airport Holdings Pty Ltd confirmed that a...

New High Yield Bond Ratings: August 16 – 20, 2021

At least 11 companies received a revision on high yield bond ratings during the week of August 16-20, 2021. These revisions caused...