U.S. paint maker Sherwin-Williams and Nippon Paint of Japan said Wednesday that they have abandoned their €12.5 billion ($14.5 billion) pursuit of AkzoNobel after the owner of the Dulux brand rejected their advances.
U.S. paint maker Sherwin-Williams and Nippon Paint of Japan said Wednesday that they have abandoned their €12.5 billion ($14.5 billion) pursuit of AkzoNobel after the owner of the Dulux brand rejected their advances.
Trade-only kitchen maker Howdens said Wednesday that it has agreed to acquire the parent company of DIY Kitchens in order to step into the direct-to-consumer market, in a deal that values the online business at £390 million ($524 million).
The real estate arm of Swedish private equity firm EQT AB said Wednesday that it has bought a portfolio of six logistics assets in the U.K. from Tritax Big Box REIT PLC for £199 million ($268 million).
The European Commission on Monday approved the acquisition of BASF's coatings division by investment company Carlyle Group and the Qatar Investment Authority.
Intuitive Investments Group PLC said Wednesday that acquisition company Acceler8 Ventures has been given more time to finalize its offer to acquire the investment company for approximately £600 million ($807 million).
A property management company has offloaded £10 million ($13.4 million) of its workplace pension liabilities to insurer Legal & General, advisers said Wednesday, in a deal steered by Neon Legal.
Private equity-backed JMG Group has said that it has bought three more insurance and risk service businesses across England and Scotland as the insurance broker continues to grow.
Broker WTW has acquired a web-based insurance platform designed to provide access to insurance products for cryptocurrency and digital assets, a move the broking and advisory business said would help "shape the future of risk transfer" in the digital economy.