Tag: M&A
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Jared Kushner’s Affinity Partners Exits Warner Bros. Discovery Bid
Afffinity Partners Pulls Back from a High-Profile Media Bid In a move that underscores the shifting tides in media finance, Affinity Partners, the private equity firm led by Jared Kushner, has withdrawn from the bidding process to acquire Warner Bros. Discovery (WBD). The decision, confirmed by a spokesperson for Affinity Partners, marks a notable setback…
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PCC Approves Global Aircraft Leasing Acquisition Deal
Philippine PCC Rules in Favor of Global Aircraft Leasing Acquisition The Philippine Competition Commission (PCC) has given its approval to a significant move in the global aviation leasing market: the proposed acquisition of aircraft assets owned by CL Financing Gold Ltd. from subsidiaries of Vmo Aircraft Leasing GP, LLC. In a decision issued on November…
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iRobot Files for Bankruptcy: What It Means for Roomba, Jobs, and the Vacuum Market
Overview: iRobot shifts course under Chapter 11 The US-based company behind the Roomba smart vacuum, iRobot Corporation, has filed for bankruptcy protection in a pre-packaged Chapter 11 arrangement. The move is aimed at stabilizing the business as it navigates debt, changing market dynamics, and increased competition from international rivals. While the filing signals a significant…
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HSBC and Hang Seng Bank Move Forward with Hang Seng Privatisation Scheme
Overview of the Privatisation Proposal HSBC Holdings plc and Hang Seng Bank (China) Limited have taken a decisive step in their jointly announced plan to privatise Hang Seng Bank. The latest update confirms that the Scheme Document has been dispatched to Hang Seng Bank shareholders, marking a key milestone in the proposed privatisation process. This…
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Aker ASA’s Mainstream Renewable Deal Ends in €1.2bn Loss
Introduction: A deal that promised growth but delivered losses The Norwegian industrial giant Aker ASA, a company with roots in shipbuilding and a portfolio spanning offshore technology, energy, and industrial services, faced a watershed moment when it agreed to acquire Eddie O’Connor’s Mainstream Renewable Power in January 2021. The deal, pitched as a springboard for…
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Tokio Marine Expands Agricultural Risk Tech Footprint with CIH Acquisition
Tokio Marine Announces Acquisition of Commodity & Ingredient Hedging Tokyo-based Tokio Marine Holdings, Inc., a global insurance leader, announced a definitive agreement to acquire Commodity & Ingredient Hedging (CIH), a prominent provider of technology-enabled risk management solutions for the agricultural economy. The deal marks a strategic expansion of Tokio Marine’s capabilities in the growing field…
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Tokio Marine to Acquire CIH, Expanding Technology-Driven Risk Management for Agriculture
Tokio Marine Expands into Tech-Driven Agricultural Risk Management In a move set to reshape the agricultural risk landscape, Tokio Marine Holdings, Inc. announced it has signed a definitive agreement to acquire Commodity & Ingredient Hedging (CIH). The deal underscores Tokio Marine’s strategy to deepen capabilities in technology-enabled risk management across essential sectors, especially farming and…
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Paramount, Netflix, and Comcast Aim High as Warner Bros. Discovery Bids Surface
Industry Shuffle: Paramount, Netflix, and Comcast Enter the Warner Bros. Discovery Race In a move that could recalibrate the global media landscape, Paramount Global, Netflix, and Comcast have each submitted bids to acquire all or parts of Warner Bros. Discovery. The interest underscores how fast the entertainment ecosystem is evolving, with big players seeking scale,…
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Interpath-owner Eyes £900m Sale Amid Manchester United Cost-Cuts and Sir Jim Ratcliffe Link
Interpath Advisory, the restructuring firm that sits behind one of the most high-profile corporate turnaround stories, is poised for a substantial sale this week, with discussions centring on a price tag near £900 million. The move comes as the parent owner, private-equity investor H.I.G. Europe, signals a broader appetite for strategic exits in the turnaround…
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Interpath-owner charts £900m sale of Claire’s administrator
Overview: A high-stakes sale in the distressed assets market The owner of Interpath Advisory has signalled the start of a substantial sale process for the entity behind Claire’s administrator, with a price tag pegged at around £900 million. The move highlights the growing appetite for large, complex restructurings and the role of standalone advisory platforms…