by Sebastian | Dec 8, 2020 | News, NPCD
Swedish real estate firm Balder has bought a 5% stake in Norway’s Entra but has no plans to join an ongoing takeover battle for the Oslo-listed firm, it said on Monday. Two other Swedish real estate firms, SBB and Castellum, are both bidding for Entra, Norway’s...
by Sebastian | Dec 8, 2020 | News
Consumer-software company NortonLifeLock said it has agreed to buy the cybersecurity and privacy company Avira for about $360m in cash from Investcorp Technology Partners, giving NortonLifeLock more market access in Europe and emerging markets. Avira chief executive...
by Sebastian | Dec 7, 2020 | News
Online lending startup Social Finance Inc (SoFi) has held discussions with blank-check acquisition companies about a deal that would allow it to debut in the stock market, people familiar with the matter said on Monday. The discussions show that going public is...
by Sebastian | Dec 7, 2020 | News
U.S.-listed gaming group IGT said on Monday it had agreed to sell its Italian gaming machine, sports betting and digital gaming businesses to Apollo’s Gamenet Group for 950 million euros ($1.2 billion) in cash. The deal values the two businesses – Lottomatica...
by Sebastian | Dec 7, 2020 | News
German perfume retailer Douglas is preparing for a financial restructuring in 2021 as the COVID-19 pandemic hits its business and its debt nears maturity, two people familiar with the matter said. Once the important Christmas season is over, the company will kick off...
