acquisition
BusinessBNP Paribas Signs €5.1bn Share Purchase Agreement for Axa Im
BusinessFrance’s L’Oreal Acquires Migros’ South Korean Cosmetic Unit
FinanceUK Insurer Aviva to Buy Direct Line in $4.65 Billion Deal
BusinessSoftwareOne to Buy Norway’s Crayon in $1.4 Billion Microsoft-Focused Takeover
EU Opens Probe Into Liberty Media’s Proposed Dorna Sports Acquisition
Date: December 20, 2024
BRUSSELS (Reuters) -The European Commission said on Thursday it had opened an in-depth investigation into the proposed 3.5 billion euro ($3.62 billion) acquisition of Dorna Sports by Liberty Media . Liberty Media said in April that it would acquire about 86% of Dorna Sports, the parent company of FIM World Championship Grand Prix, also known...
Covestro Shareholders Accept ADNOC’s Xrg Takeover Offer
Date: December 19, 2024
(Refiles to correct timing of Egypt JV in paragraph 10) By Yousef Saba DUBAI (Reuters) – XRG, the international investments arm of Abu Dhabi National Oil Company (ADNOC), said on Thursday it will become the new majority shareholder in Covestro after the German chemicals maker’s shareholders approved a takeover offer. Shares tendered and bought by...
Covestro Shareholders Accept ADNOC’s Xrg Takeover Offer
Date: December 19, 2024
(Refiles to correct timing of Egypt JV in paragraph 10) By Yousef Saba DUBAI (Reuters) – XRG, the international investments arm of Abu Dhabi National Oil Company (ADNOC), said on Thursday it will become the new majority shareholder in Covestro after the German chemicals maker’s shareholders approved a takeover offer. Shares tendered and bought by...
Aviva Set to Buy Direct Line to Create $21 Billion British Insurer
Date: December 13, 2024
By Yadarisa Shabong and Tommy Reggiori Wilkes LONDON (Reuters) -British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened 3.61 billion pound ($4.60 billion) cash-and-stock deal that will create the UK’s largest home and motor insurer. In a joint statement on Friday, the companies said a preliminary agreement had been reached...
Aviva Set to Buy Direct Line to Create $21 Billion British Insurer
Date: December 6, 2024
By Yadarisa Shabong and Tommy Reggiori Wilkes LONDON (Reuters) -British insurer Aviva has agreed to buy smaller rival Direct Line in a sweetened 3.61 billion pound ($4.60 billion) cash-and-stock deal that will create the UK’s largest home and motor insurer. In a joint statement on Friday, the companies said a preliminary agreement had been reached...
Ipsos Confirms Talks With Kantar Media Over Possible Acquisition
Date: December 3, 2024
(Reuters) – French market research firm Ipsos said on Monday it was in talks with Kantar Media over a potential acquisition of the London-based group, confirming a Reuters report from Friday. “There can be no certainty that any offer will be made, nor as to the terms on which any such offer might be made,”...