Jobs are under threat at the British engineering firm Meggitt after it agreed a £6.3bn takeover deal from US rival Parker Hannifin, in the latest approach for a UK-listed company from an overseas buyer. The board of Meggitt, the FTSE 250 engineering company that...
$2.3bn deal with TA Associates is latest in a series of UK acquisitions by overseas buyers. The UK engineering firm Smiths Group has agreed to sell its medical division to the US private equity firm TA Associates in a $2.3bn (£1.7bn) deal, in the latest of a string of...
PepsiCo will sell Tropicana and other juices to a private equity firm in a $3.3 billion deal. The New York drink and snack company will keep a 39% non-controlling stake in a newly formed joint venture in the deal with PAI Partners. Juice sales began to decline...
Dutch telecommunications firm Delta, owned by Swedish private equity investor EQT, said on Monday it planned to spend $2.37bn over the next three years to build out its fibre optic network in the Netherlands, as it aims to compete with national telecoms company KPN...
Tiger Global has agreed to invest an additional $125m in Infra.Market in a deal that values the Indian technology startup at about $2.5bn, according to a person familiar with the matter. The Mumbai-based company plans to use the fresh capital for expansion in the...