Property investor Tritax Big Box said Friday that it won't increase its £485.2 million ($656.1 million) cash and stock bid for Warehouse REIT, setting the stage for private equity heavyweight Blackstone to win a bidding war with a £489 million cash offer.
Property investor Tritax Big Box said Friday that it won't increase its £485.2 million ($656.1 million) cash and stock bid for Warehouse REIT, setting the stage for private equity heavyweight Blackstone to win a bidding war with a £489 million cash offer.
Air Liquide said Friday it has agreed to buy South Korean rival DIG Airgas from funds managed by Macquarie for an enterprise value of €2.85 billion ($3.31 billion) as the French company seeks to bolster its presence in the Asian market.
Britain's antitrust authority said Friday that it has launched a formal investigation into the proposed merger of Getty Images and Shutterstock, which would create a $3.7 billion visual content company, to decide whether it will harm competition in U.K. markets.
Keurig Dr Pepper will acquire JDE Peet's in an approximately $18.4 billion deal that aims to create a "global coffee champion" through the combination of the Keurig brand single-serve coffee platform and JDE Peet's coffees, the companies announced Monday, with three law firms guiding the transaction.
Cosmetics company Revolution Beauty said Friday that it has discarded its plans for a sale after attracting no ideal offers, and has instead raised £16.5 million ($22.3 million) in equity from investors including online fashion retailer Debenhams in two separate offerings of shares.
Vesuvius PLC said Friday it has agreed to acquire U.K.-based crucible maker Molten Metal Systems for £75.8 million ($102 million) in cash and shares, to broaden the materials firm's operations and grow its presence in India.
In this week's Taxation With Representation, private equity firm Thoma Bravo buys human resources software provider Dayforce Inc. in a take-private deal, Lowe's buys Foundation Building Materials, Nexstar Media Group Inc. acquires fellow media company Tegna Inc., and Soho House & Co. Inc. inks a take-private deal with hotel operator MCR.
This past week in London has seen football manager Bruno Lage sue the owner of Olympique Lyonnais and Botafogo football clubs, luxury fashion brand Christian Dior Couture target a jewelry business trading under the same name, and a Russian motorsports promoter take action against Formula One after it canceled its Russian Grand Prix in 2022.
