Industrial technology company Hexagon AB said Monday that it has agreed to buy a German industrial testing business from Baker Hughes, a U.S. energy technology giant, for $1.45 billion in cash.
Industrial technology company Hexagon AB said Monday that it has agreed to buy a German industrial testing business from Baker Hughes, a U.S. energy technology giant, for $1.45 billion in cash.
Hospitality tycoon Richard Caring has agreed to sell a majority stake in his string of upmarket restaurants to the UAE-backed investment group Diafa in a deal that reportedly tops £1 billion ($1.3 billion) in value.
Britain's antitrust authority called on interested parties on Monday to comment on whether Paramount Skydance's $110 billion deal to buy Warner Bros. Discovery has the potential to harm competition in any U.K. markets.
Saba Capital Management LP, the largest shareholder in Edinburgh Worldwide Investment Trust, has welcomed the rejection by the trust's shareholders of a proposed tender offer, saying Monday that the offer was "deeply flawed."
Safety technology business Halma said Monday that it has acquired California-based surgical instrument maker Surgistar Inc. for approximately $90 million to strengthen its healthcare-focused portfolio.
The longevity insurance market is likely to experience an increase in demand this year as a result of pension reforms and changes in mortality rates, a broker said Monday.
Commercial property business Custodian said Monday that it has secured a deal to increase rent on one of its properties in southeast England, which was acquired in a £35.9 million ($48 million) transaction signed in February.
Perella Weinberg Partners LP said Monday that it has agreed to acquire London-based advisory firm Gleacher Shacklock LLP as the U.S. bank seeks to widen its footprint in the U.K. and strengthen its cross-border dealmaking abilities.
Imperial Brands PLC began a share repurchase of up to £725 million ($974 million) on Monday, the second part of its wider £1.45 billion buyback aimed at downsizing its share capital and rewarding investors.
Coppa Collective said Monday that it has completed the purchase of a pub in southern England, making it the fourth that the hospitality company has snapped up under an £11.25 million ($15.1 million) acquisition deal that it recently announced.
