LATEST INSIGHT

Category: M&A

October 22, 2020
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Canadian insurer Sun Life Financial Inc buys a majority stake in alternative credit investment manager Crescent Capital Group LP for up to $338 million. Sun Life will acquire a 51% interest in Crescent with an upfront payment of $276 million and a future payment of $62 million based on the achievement of certain milestones. Crescent, […]

October 5, 2020

2min00
South African chemicals and energy group Sasol has announced it has entered into a US$2billion agreement to sell part of its Lake Charles business in Louisiana in United States to multinational chemicals group LyondellBasell. Assuming the deal gets approval from Sasol shareholders, LyondellBasell would own 50% stake in the Lake Charles-based chemicals business and the two […]

September 28, 2020
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2min00
Dubai-headquartered Rasmala Investment Bank and Kuwait’s Kamco Invest announces it has sold off a major logistics facility in Scotland, fetching them $81 million. The property was sold to Knight Frank Investment Management on behalf of institutional investors from South Korea. The property is one of the largest logistics facilities operated by Amazon in the UK, extending over an […]

September 4, 2020
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2min00
Virgin Australia Holdings Ltd’s approved the purchase of Australia’s second-biggest airline by U.S. private equity group Bain Capital, administrator Deloitte said, paving the way for a strategic overhaul. The deal will allow the carrier to emerge from voluntary administration, which it had entered in April owing $5 billion to creditors after suffering from a sharp plunge […]

August 27, 2020
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French supermarket retailer Carrefour has agreed to procure 172 stores under the Supersol banner in Spain, in a deal worth an enterprise value of $92.3 million which would strengthen Carrefour’s number two position in Spain. Carrefour established that the stores and supermarkets being acquired were mainly in Andalusia and the Madrid region and that they […]

August 25, 2020
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Smartsheet Inc., a workplace collaboration software, disclosed it will acquire Brandfolder Inc. for $155 million. It plans to venture into the growing field of helping marketers manage digital content for campaigns. The Bellevue, Washington-based company established that the transaction will be financed with cash and stock. Smartsheet, which has a market value of $5.8 billion, said it will share […]

August 24, 2020
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1min00
Japanese-based Takeda Pharmaceutical Co, announced it has agreed to sell its Japanese consumer healthcare business to U.S. investment fund Blackstone Group. Takeda Consumer Healthcare Company, which makes over-the-counter (OTC) drugs and health products, is valued at 242 billion yen ($2.29 billion) and the sale price will be determined after calculating its debt and other factors, […]

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