Investment group Pershing Square said Tuesday that it has offered to buy Universal Music in a cash-and-stock deal that values the music industry heavyweight at approximately €55.8 billion ($64.5 billion) as it bids to rescue the label's dwindling share price.
Investment group Pershing Square said Tuesday that it has offered to buy Universal Music in a cash-and-stock deal that values the music industry heavyweight at approximately €55.8 billion ($64.5 billion) as it bids to rescue the label's dwindling share price.
Senior PLC said Tuesday that it has agreed to be taken over by private equity firm Blackstone and investment company Tinicum for £1.3 billion ($1.7 billion), in a deal that would pull the U.K. engineering group from the London Stock Exchange.
Volex PLC confirmed plans on Tuesday to move its listing from the junior AIM index in London to the main market as the cable and power products maker also launched a £40 million ($53 million) share buyback program.
Bureau Veritas has said that it has agreed to acquire semiconductor business Lotusworks for €375 million ($434 million) as the testing and certification company enters the chipmaking market.
IT services business Talkpool AG said Tuesday that it has agreed to acquire telecom consultant Netcom Global Partners for €1.1million ($1.27 million) from its 11 owners to expand its business.
Dutch bank ING Groep NV said Tuesday that it will not sell Russian subsidiary ING Bank (Eurasia) JSC to Global Development JSC as it does not expect the Moscow-based buyer to get regulatory approvals.
