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United States

Greg Roumeliotis

Exclusive: WeWork owner creates committee to decide on financing lifeline

2:36am EDT

NEW YORK WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group Corp and its main lender JPMorgan Chase & Co , four people familiar with the matter said on Wednesday.

Exclusive: Buyout firm Apollo Global in $5 billion bid for Tech Data - sources

Oct 15 2019

Private equity firm Apollo Global Management LLC has approached Tech Data Corp with an offer to acquire the U.S. information technology equipment distributor for close to $5 billion, people familiar with the matter said on Tuesday.

Buyout firm Abry Partners selling insurance broker Hilb Group: sources

Oct 15 2019

NEW YORK Private equity house Abry Partners is working with an investment bank to sell its majority stake in Hilb Group, in a deal that is expected to value the insurance broker at more than $1 billion including debt, sources familiar with the matter said on Tuesday.

Exclusive: Sempra nears $3 billion Chile sale to China's State Grid - sources

Oct 11 2019

U.S. power company Sempra Energy is near an agreement to sell its Chilean business to State Grid Corporation of China for close to $3 billion, the latest deal in its bid to shed non-core assets, people familiar with the matter said on Friday.

Exclusive: Cedar Fair rebuffs $4 billion offer from Six Flags - sources

Oct 04 2019

U.S. amusement park operator Cedar Fair LP has rejected a $4 billion cash-and-stock offer from larger peer Six Flags Entertainment Corp as inadequate, people familiar with the matter said on Friday.

Exclusive: Six Flags in bid to merge with Cedar Fair - sources

Oct 02 2019

Six Flags Entertainment Corp has approached Cedar Fair LP with a merger offer, pursuing a combination that would unite two of the largest U.S. amusement park operators, people familiar with the matter said on Wednesday.

Global third-quarter M&A sinks to three-year low amid U.S.-China trade war fears

Sep 30 2019

LONDON/NEW YORK Global mergers and acquisitions (M&A) plunged 16% year-on-year to $729 billion in the third quarter, according to Refinitiv data, the lowest quarterly volume since 2016, as growing economic uncertainty curbed the risk appetite of companies considering deals.

Exclusive: Hedge fund D.E. Shaw to push for break-up of Emerson - sources

Sep 27 2019

Hedge fund D.E. Shaw & Co is building a stake in Emerson Electric Co and is planning to push for changes, including a potential split-up of the U.S. industrial conglomerate, people familiar with the matter said on Friday.

Exclusive: Hedge fund Elliott pushes Mobile Mini to combine with WillScot - sources

Sep 26 2019

NEW YORK Hedge fund Elliott Management Corp has amassed a stake in Mobile Mini Inc , the biggest U.S. provider of portable storage containers for businesses, and is pushing it to merge with WillScot Corp , the largest U.S. vendor of mobile office trailers, people familiar with the matter said on Thursday.

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