Tag: M&A
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Netflix makes a cash bid to acquire Warner Bros. Discovery’s streaming and studio division, reshaping Hollywood
Netflix upends the streaming race with a bold cash bid In a move that could redraw the map of global entertainment, Netflix has proposed paying cash for Warner Bros. Discovery’s streaming and studio division. The bid, valued at approximately $72 billion, signals Netflix’s willingness to leverage its liquidity to outpace rivals like Paramount. The proposal…
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Why Peter Muthoka Sold Transglobal Cargo Centre for Sh5.17bn
Background: A landmark deal in Kenya’s logistics sector The sale of Transglobal Cargo Centre, the airport services firm led by billionaire Peter Muthoka, to Istanbul-based Celebi Aviation for about Sh5.17 billion ($40.1 million) marks one of the most significant transactions in Kenya’s logistics market. Coming at a time when the cargo and aviation supply chain…
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Champion Breweries Acquires Bullet, Raises N42bn to Fuel Growth
Overview: A Strategic Move Champion Breweries Plc has unveiled a bold strategic initiative: to acquire the Bullet brand portfolio and raise about 42 billion naira through a public offer of ordinary shares. The move aims to deepen its footprint in Nigeria’s competitive beer market while strengthening its balance sheet and funding growth initiatives. The public…
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New Era Energy & Digital Closes Acquisition of Remaining 50% of TCDC from Sharon AI
Overview New Era Energy & Digital, Inc. (Nasdaq: NUAI) announced today that it has closed the acquisition of the remaining 50% stake in TCDC from Sharon AI. The deal, previously anticipated by industry observers, positions New Era to consolidate its ownership of key digital infrastructure and integrated power assets across the Permian Basin. The completion…
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Sunway IJM Takeover Faces New Twist as IJM Healthcare IPO Emerges
Overview: A High-Stakes Bid Complicated by a Healthcare Listing Sunway Bhd’s proposed RM11 billion cash-and-share takeover of IJM Corporation Bhd has long been a test case for Malaysia’s property, construction, and diversified conglomerates. But as investors weigh the deal against IJM’s looming healthcare listing, the deal’s math has become more intricate. Sunway’s bid, which values…
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PwC Sells Restructuring Unit to Teneo: A Global Advisory Shift
PwC Sells Restructuring Unit to Teneo: A Global Advisory Move In a notable shift within the professional services landscape, PwC is selling its business restructuring unit to Teneo, a global advisory firm known for its consumer, corporate, and financial services guidance. The deal marks another step in PwC’s strategy to focus its consulting and advisory…
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PwC Sells Business Restructuring Unit to Global Advisor Teneo
PwC Sells its Business Restructuring Unit to Teneo In a strategic move that signals ongoing consolidation in the professional services sector, PwC has agreed to sell its business restructuring unit to Teneo, a global advisory firm. This latest deal follows PwC Australia’s similar sale to Teneo announced last year, reinforcing a broader trend of firms…
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PwC Sells Business Restructuring Unit to Global Adviser Teneo
PwC Sells Business Restructuring Unit to Teneo, Expanding Global Advisory Ties In a move that signals ongoing shifts in the professional services landscape, PwC has agreed to sell its business restructuring unit to global advisory firm Teneo. The deal, announced after recent strategic changes in PwC’s portfolio, highlights continued consolidation in the advisory market and…
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Equity Acquisition of Nanyue Diankong (Hengyang) Industrial Technology: China Yuchai Expands Industrial Tech Footprint
Overview of the Transaction China Yuchai International Limited (NYSE: CYD) has announced an equity acquisition involving Nanyue Diankong (Hengyang) Industrial Technology, marking a strategic step in expanding its footprint in the industrial technology sector. The deal aligns with China Yuchai’s broader ambition to diversify its technology portfolio beyond traditional powertrain solutions and to deepen its…
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Equity Acquisition of Nanyue Diankong (Hengyang) Industrial Technology: China Yuchai Expands Powertrain Capabilities
Overview of the Equity Acquisition China Yuchai International Limited (NYSE: CYD) has announced a strategic equity acquisition involving Nanyue Diankong (Hengyang) Industrial Technology. The transaction represents a significant step for China Yuchai to broaden its engineering footprint, access advanced technology, and strengthen its position in the Chinese powertrain market. The deal highlights a trend among…