US owner Acadia confirms it has received several initial bids for UK group Britain’s biggest mental healthcare provider, the Priory Group, is set to be sold for almost £1bn after its American owner confirmed it had received “multiple” initial bids. Nasdaq-listed...
Dealmakers pulled off the biggest merger Monday of the year despite coronavirus fears and geopolitical spats upending stock, oil and debt markets. With more than $43 billion in fresh deals announced March 9, it was the busiest start to the week for transactions this...
‘We see signs of credit and funding stress,’ JPMorgan analysts warns Stress is beginning to take shape in corporate debt markets as the spread of the coronavirus chokes off crucial sales and revenues to companies — and the problems could accelerate if these companies...
Chinese gaming company Beijing Kunlun Tech Co Ltd (300418.SZ) said on Friday that it has agreed to sell Grindr LLC, a popular gay dating app it acquired in 2016, for about $608.5 million. The deal comes after a U.S. government panel asked Kunlun to divest itself of...
It’s a ripe time for buyout titans — if they can rustle up the financing to take advantage. The stock market’s severe downturn is making takeover targets cheap again after a decade-long rally left buyout firms with record war chests. With interest rates getting...