JOHANNESBURG - Carlyle Group has agreed to buy South African tyre retailer Tiger Automotive from Ethos Private Equity, Ethos said on Wednesday, the U.S. buyout firm's first deal in Africa's most developed economy.
LONDON - EE's German and French owners confirmed on Wednesday they were in talks to sell Britain's biggest mobile network operator to BT as part of a wider review of its options.
Tue, Nov 25 2014
SEOUL - South Korea's Samsung Group said on Wednesday it is selling stakes in four chemical and defense firms for 1.9 trillion won ($1.72 billion) to Hanwha Group, the latest move in the massive task of restructuring the country's largest conglomerate.
- Spain's Banco Santander SA is trying to obtain regulatory approval to sell a part of its stake in a solar energy project in Nevada to two Canadian pension funds, the Wall Street Journal reported on Tuesday.
SEOUL - South Korean conglomerate Hanwha Group will acquire defense firm Samsung Techwin Co Ltd and three other Samsung Group affiliates, a person with direct knowledge of the matter said on Wednesday.
ROME - Telecom Italia's planned acquisition of fiber-optic network operator Metroweb would be possible under very stringent conditions, Italy's competition watchdog AGCM said on Tuesday.
VIENNA - Austria's Schoeller-Bleckmann Oilfield Equipment (SBO) is buying 67 percent of Canadian oilfield service company Resource Well Completion Technologies Inc in a deal to expand its business portfolio, SBO said on Tuesday.
LONDON - Top ship broker Clarkson is seeking to acquire Norwegian brokerage and investment bank RS Platou for 281.2 million pounds ($441 million) in a deal that would create one of the sector's biggest players globally.
JERUSALEM - Israeli start-up SimilarWeb said on Tuesday it raised $15 million in a funding round aimed at increasing the pace of its global expansion.
JOHANNESBURG - South Africa's Steinhoff International will buy clothing retailer Pepkor in a $5.7 billion deal that gives the budget furniture firm exposure to Africa's fast-growing apparel market and strengthens its business in eastern Europe.
Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.