Keywords: Mergers


Mattel investor calls for strategic review as toy demand weakens

An investor in Mattel has urged the toy manufacturer’s leadership to explore strategic options, including taking the company private or pursuing a potential sale, as the global toy market faces weakening demand. Southeastern Asset Management, which holds approximately 4% of Mattel’s shares,......

Italy's Brembo raises revenue outlook, eyes M&A as shares surge

Italian braking systems manufacturer Brembo has upgraded its financial outlook for the year, citing stronger-than-expected resilience despite recent global supply chain disruptions linked to geopolitical tensions. The company now anticipates a 3% increase in annual revenue at constant exchange rates,......

Germany considers last-resort plan to block Italian bid for Commerzbank

Germany is considering a last-resort strategy to prevent an attempted takeover of Commerzbank by Italy’s UniCredit, as concerns grow over the potential loss of control of a key financial institution. According to sources familiar with the matter, officials in Berlin are discussing whether to increase......

Thyssenkrupp pauses steel unit sale talks with Jindal

Thyssenkrupp has announced a pause in its negotiations with Jindal Steel International over the potential sale of its steel division, signaling a setback in the company’s ongoing restructuring strategy. The discussions, which had been underway for several months, were aimed at exploring a possible......

Mercedes inks deal with BNP to sell leasing business

Mercedes-Benz has finalized an agreement to sell its leasing subsidiary Athlon to French banking group BNP Paribas, marking a strategic move to streamline its financial operations and strengthen liquidity. The German automotive manufacturer confirmed that the transaction was signed in April and is expected......

Citi appoints Barclays’ James Potts to lead shareholder advisory unit

Citigroup has appointed James Potts, a senior executive from Barclays, to head its shareholder advisory and activism defense division, according to an internal memo reported on Tuesday. The move highlights ongoing competition among global banks to strengthen advisory services related to shareholder......

Eqt relaunches sale of ginko with billion-dollar valuation target

Global investment firm EQT AB has resumed efforts to sell the mainland China operations of contact lens manufacturer Ginko International, with a target valuation of at least $1 billion, according to sources familiar with the matter. The move comes after a previous agreement to sell the business to U.S.-based......

Austria’s Bawag agrees $1.9 billion acquisition of Irish lender permanent TSB

BAWAG Group AG has announced an agreement to acquire Irish retail lender Permanent TSB in a deal valued at approximately $1.9 billion, marking a significant consolidation in the European banking sector. The transaction, worth around 1.62 billion euros, will see BAWAG pay 2.97 euros per share, according......

Pershing Square proposes $65 billion deal to acquire Universal Music Group

Investment firm Pershing Square, led by billionaire investor Bill Ackman, has put forward a proposal to acquire Universal Music Group (UMG) in a deal valued at nearly $65 billion, combining cash and stock. According to the offer, the transaction would value the world’s largest music company at......