Mergers & Acquisitions

Latest Stories

Brazil Gym Chain Smart Fit Confirms Talks for Stake in Velocity

<-rte-company state="{"_id":"00000190-47fe-d497-a7fb-efff4d810000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Smartfit Escola de Ginástica e Dança SA, one of the largest fitness chains in Latin America, said it’s in talks to acquire shares in closely held <-bsp-bb-link state="{"bbHref":"bbg://securities/2455236D%20BZ%20Equity","_id":"00000190-47fe-d497-a7fb-efff4d820000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Velocity Academia de Ginástica.

By Clarice Couto

Japanese Trading House Mitsui Buys Shale Gas Asset in Texas

Japanese trading house <-bsp-bb-link state="{"bbHref":"bbg://securities/8031%20JT%20Equity","_id":"00000190-47fe-d497-a7fb-efff4d820002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Mitsui & Co. Ltd bought a shale gas asset in Texas that it seeks to bring to full-scale development after 2026.

High Airfares to Persist as Travel Booms, New AirAsia Boss Says

There’s no end in sight to the high airfares that are a mainstay of the world’s post-pandemic travel boom, according to Asia’s biggest low-cost carrier.

RXO Agrees to Buy UPS Unit Coyote Logistics for $1 Billion

<-rte-company state="{"_id":"00000190-4673-d497-a7fb-ee7fc0250000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">RXO Inc. has agreed to buy United Parcel Service Inc.’s asset-light freight brokerage business, <-bsp-bb-link state="{"bbHref":"bbg://securities/4700921Z%20FP%20Equity","_id":"00000190-4673-d497-a7fb-ee7fc0250002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Coyote Logistics, for more than $1 billion.

OQ Chemicals to Start Sales Process After Cutting Lender Deal

The Omani owner of <-bsp-bb-link state="{"bbHref":"bbg://securities/3295333Z%20GR%20Equity","_id":"00000190-459d-d497-a7fb-ed9d84070000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">OQ Chemicals GmbH is set to kick off a sales process for the business after the company reached a short-term financing deal with lenders, according to a person familiar with the matter.

Apollo and Platinum Bid for Package Firm Evri, Sky News Reports

Apollo Global Management Inc. and Platinum Equity LLC are among bidders for UK package delivery company Evri Ltd., Sky News <-bsp-bb-link state="{"bbDocId":"SFJ6VMMB2SJL","_id":"00000190-4538-d497-a7fb-ed3dc2b00000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">reported citing unnamed sources.

Credit’s Strong Run Stumbles in First This Year: Credit Weekly

Global <-bsp-bb-link state="{"bbHref":"bbg://news/topics/CMW","_id":"00000190-43f3-d497-a7fb-efffc2960000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">corporate bonds are on track for their worst month since late last year by one measure, reigniting the debate about the relative value of credit versus other fixed-income classes.

Casino Sells Corsica Unit to Rocca, Auchan Amid Debt Restructure

Casino Guichard-Perrachon SA has signed an agreement with <-bsp-bb-link state="{"bbHref":"bbg://securities/1206022D%20IM%20Equity","_id":"00000190-4052-d497-a7fb-ec5f801f0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Rocca Group and <-bsp-bb-link state="{"bbHref":"bbg://securities/7519108Z%20FP%20Equity","_id":"00000190-4052-d497-a7fb-ec5f801f0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Auchan Retail France for the sale of its Corsica unit as it seeks to raise cash amid a debt restructuring.

Blackstone in Advanced Talks to Buy Stake in ATG, Sky Reports

Blackstone Inc. is in advanced talks to buy a minority stake in the<-bsp-bb-link state="{"bbHref":"bbg://securities/635796Z%20LN%20Equity","_id":"00000190-3fad-d497-a7fb-ffadb1990001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Ambassador Theatre Group from Australian entertainment firm <-bsp-bb-link state="{"bbHref":"bbg://securities/1367332D%20AU%20Equity","_id":"00000190-3fad-d497-a7fb-ffadb1990002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">TEG Pty Limited, according to Sky News.

RedBird IMI Starts Official Sale of Telegraph and Spectator

<-bsp-bb-link state="{"bbHref":"bbg://securities/2214044D%20US%20Equity","_id":"00000190-3f44-d497-a7fb-ff4d6a0d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">RedBird IMI has started a formal process to sell the Telegraph newspaper and the Spectator magazine after plans to take control of the two media companies fell apart.