Boohoo to buy Burton, Dorothy Perkins and Wallis brands for £25m
Deal marks final stage in break-up of Sir Philip Green’s Arcadia Boohoo has agreed to buy Burton, Dorothy Perkins and Wallis out of administration, marking the final stage in the break-up of Sir Philip Green’s once-mighty fashion empire Arcadia. The online-only retailer on Monday said it was set to acquire the digital assets and intellectual […]
UK and EU to open probes into Nvidia’s $40bn acquisition of Arm
Rivals to US chipmaker lobby regulators to block deal to acquire UK chip designer The EU and the UK are set to open in-depth competition investigations into Nvidia’s $40bn acquisition of the UK chip designer Arm, after rivals called for the deal to be blocked. Officials and advisers in both Brussels and the UK said […]
Renesas to buy Apple supplier Dialog for $6bn
Japanese supplier of automotive chips invests heavily to expand into new areas including data centres Renesas Electronics is to buy Apple supplier Dialog for €4.9bn in the latest deal by the acquisitive Japanese group aimed at expanding its chip portfolio beyond cars. Shares in Renesas, one of the world’s largest suppliers of automotive chips, fell as […]
HIG joins private equity pack circling KPMG’s restructuring arm
HIG Europe has joined a pack of private equity bidders vying to buy the UK restructuring arm of KPMG. HIG is one of four parties shortlisted to acquire the business, which was put up for sale last year, Sky News first reported. It is understood Intermediate Capital Group is another private equity business interested in […]
Advertising platform Magnite buys SpotX from RTL for $1.17 billion
U.S. advertising platform Magnite has agreed to buy video advertising group SpotX from European broadcaster RTL Group for $1.17 billion, it said on Friday, aiming to create a leading interactive advertising platform. The purchase price comprises $560 million in cash and 14 million shares of Magnite stock, RTL said. The combination of Magnite and SpotX […]
Stone Point Capital, Insight Partners to buy CoreLogic for $6 billion
Real-estate data provider CoreLogic Inc said on Thursday that it would be acquired by private-equity firms Stone Point Capital and Insight Partners for about $6 billion in cash. The deal comes months after the company’s rejection of an unsolicited $7 billion buyout offer from activist investors Senator Investment Group LP and Cannae Holdings Inc last […]
Allianz to acquire full ownership of China life insurance venture
SHANGHAI (Reuters) – Allianz will acquire full ownership of its China life insurance business after agreeing to buy the 49% stake it doesn’t already own in its Chinese joint venture, the German insurance giant said on Friday. Allianz, through a holding company in China, will acquire the minority stake in Allianz China Life Insurance Co […]
Cosworth acquires Delta
Global technology business Cosworth is to acquire Delta, a Silverstone-based developer of battery and vehicle dynamics control systems. Cosworth’s focus on delivering propulsion, electronics and software solutions for the automotive, aerospace and marine sectors will be bolstered by the acquisition of Delta, whose specialities in the development of battery systems, in particular, align with Cosworth’s […]
VMG Health Acquires Health Care Futures
VMG Health, the market leader in providing full-service healthcare transaction advisory and consulting, is pleased to announce it has acquired Health Care Futures, a business strategy and consulting firm with offices in Minneapolis and Chicago. The transaction was recently closed, and the two firms will be fully integrated in the first quarter of 2021. VMG […]
Montagu Private Equity acquires majority position in ITRS Group from TA Associates
European private equity firm Montagu Private Equity (Montagu) is to acquire a majority position in ITRS Group (ITRS), a global provider of real-time monitoring and analytics software from TA Associates (TA), who will remain a minority holder alongside Montagu and Management. Completion is expected next month, subject to customary closing requirements. The terms of the […]
