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...
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...
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...
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...
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...
