The board of U.K. REIT Segro said Tuesday it has agreed to a £14 billion ($18.8 billion) share offer from U.S. rival Prologis, with a partial cash alternative, in a deal that will list the enlarged group in London.
The board of U.K. REIT Segro said Tuesday it has agreed to a £14 billion ($18.8 billion) share offer from U.S. rival Prologis, with a partial cash alternative, in a deal that will list the enlarged group in London.
U.S. private equity firm KKR has said that it will buy a 50% stake in a portfolio of developed renewable assets from France's TotalEnergies for €900 million ($1 billion), inclusive of debt.
Glenstone said Tuesday that it has the firm support of almost 28% of shareholders in British property investment company Alternative Income REIT for its £57.5 million ($77 million) takeover offer, after claiming 32.8% support in July.
A London appeals court has ruled that a veterinary group cannot argue that a company it bought did not have the Financial Conduct Authority authorization needed to operate, because the claim conflicts with the group's position in a parallel employment tribunal case.
A European Union court has refused to suspend an order by the EU Commission requiring Broadcom Inc. to produce documents for an antitrust probe, finding that the technology company had failed to show a prima facie case that the commission could not demand information protected only under non-EU privilege rules.
Paramount Skydance Corp. CEO David Ellison said Tuesday that a challenge of the company's planned purchase of Warner Bros. Discovery from state enforcers is really about CNN and concerns that his politics could impact news coverage.
The California federal judge overseeing challenges of Paramount Skydance Corp.'s planned $110 billion purchase of Warner Bros. Discovery set a trial date for March 2027.
Investment company Caledonia said Tuesday it has invested £49.5 million ($66.5 million) to acquire a majority stake in British family-owned engineering firm Conquip and to support its future growth.
British ventilation business Volution Group PLC said Tuesday that it has acquired its German competitor getAir GmbH for €40 million ($46 million) to strengthen its position in the European heat recovery ventilation market for houses.
MML Capital Partners has invested in a minority stake in international professional services company Mourant to fund the next stage of Mourant's growth.
The Bank of England has named Nicholas Segal, a judge of the Grand Court of the Cayman Islands, as chair of its enforcement decision-making committee, a move aimed at strengthening the body that determines contested regulatory action for financial regimes.
FIH Group PLC said Tuesday that it has exchanged conditional contracts for the sale of its arts logistics business Momart to a subsidiary of a French investment company for £7.6 million ($10 million).
British specialist reinsurance broker Miller said it has completed its purchase of Dubai firm Shields Reinsurance Brokers Ltd., boosting its international reach.
