Finnish lift engineering heavyweight Kone will buy TK Elevator GmbH in a cash and stock deal that values the German rival at €29.4 billion ($34 billion), the companies said Wednesday.
Finnish lift engineering heavyweight Kone will buy TK Elevator GmbH in a cash and stock deal that values the German rival at €29.4 billion ($34 billion), the companies said Wednesday.
Spain's Amadeus said Wednesday it plans to acquire Idemia Public Security, a French biometrics firm, for €1.2 billion ($1.4 billion) as the travel tech giant seeks to boost its border control capabilities.
Uzbekistan's sovereign wealth fund said Tuesday that it is aiming for a market capitalization of $1.95 billion in its London and Tashkent initial public offering.
1Spatial said Wednesday that its approximately £87.1 million ($118 million) sale to VertiGIS, a portfolio company of U.S. technology investor Battery Ventures, has been completed, triggering the suspension of the British mapping software business' shares from trading.
German ingredients maker Döhler Group said Wednesday that it has agreed to acquire rival manufacturer Treatt for approximately £183 million ($247 million) in a deal that will cancel the British company's listing on the London Stock Exchange.
Irish energy and marketing giant DCC PLC said Wednesday that a consortium of two private equity firms has made a preliminary approach regarding a possible takeover.
The Bank of England's regulatory arm floated measures on Wednesday that would see funded reinsurance transactions involving U.K. life insurance companies face enhanced regulatory requirements, amid fears its growing use poses wider risks to financial stability.
