Buyout group EQT on Monday announced a cash offer for Swedish contract pharmaceutical maker Recipharm, valuing the company at $2.80 billion. Recipharm, a contract development and manufacturing organisation (CDMO) for the pharma industry, recently signed a preliminary...
Authentic Brands is plotting a double takeover of collapsed department store chain Debenhams and Topshop-owner Arcadia Group in a deal that could fetch more than £400 million. Authentic Brands, owner of the New York department store brand Barneys, is in talks this...
A consortium of US-based investors is close to buying a big stake in the McLaren Formula One (F1) team in a deal that will value the historic British racing outfit at more than £550m. Sky News can exclusively reveal that MSP Sports Capital, whose partners have had...
Britain’s AstraZeneca has agreed to buy U.S. drugmaker Alexion Pharmaceuticals for $39 billion in its largest ever deal, diversifying away from its fast-growing cancer business in a bet on rare-disease and immunology drugs. The deal comes in a week that AstraZeneca...
The German government will buy a 25.1% stake in German defence supplier Hensoldt from private equity company KKR for 464 million euros ($562 million), people with knowledge of the matter said on Saturday. The sources said the purchase is intended to ward off a foreign...