The culture secretary said Thursday she is "minded to intervene" in media giant Sky Group's £1.6 billion ($2.1 billion) deal for the broadcast and streaming division of ITV to safeguard the public interest.
The culture secretary said Thursday she is "minded to intervene" in media giant Sky Group's £1.6 billion ($2.1 billion) deal for the broadcast and streaming division of ITV to safeguard the public interest.
EQT AB said Thursday that it has agreed to buy U.S. real estate investment manager Stockbridge for up to $550 million to expand its property sectors, investment products and client base in America.
British company PureGym said Thursday it has inked an agreement to buy NonStop Gym, a low-cost Swiss fitness business, for £235 million ($312 million), in line with its ambitions to expand its footprint.
French building materials giant Compagnie de Saint-Gobain SA said Thursday it has agreed to acquire D.S. Brown, a U.S. infrastructure products maker, for $208 million in cash, expanding its construction chemicals business in North America.
Actuarial consultant Lewis & Ellis Inc. has said it has acquired specialized insurance consultant Alan Gray from insurer Premia Holdings Ltd. to expand beyond its traditional actuarial consulting business and become a broader insurance services platform.
Insurance giant Aviva has taken on £90 million ($120 million) in pension liabilities from a section of a retirement savings plan sponsored by transport provider FirstGroup in a deal steered by Stephenson Harwood LLP, advisers on the deal said Thursday.
System1's board said Thursday it has turned down the latest £53.4 million ($71 million) proposal from competitor Brave Bison for "materially undervaluing" the marketing company, noting that an alliance of investors opposes the takeover attempt.
