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CorpDev.Org

CorpDev.Org

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Category: International

Africa records one of its strongest-ever halves for private capital investments with $4.7bn of new capital flowing into companies [Private Equity Insights]

Africa records one of its strongest-ever halves for private capital investments with $4.7bn of new capital flowing into companies [Private Equity Insights]

  • October 5, 2022
  • 0 Comments
  • By Vyas Tungaturti
Big drivers of the investment wave were the substantial amount of fresh capital raised by fund managers in 2021, an increasing interest in Africa’s venture ecosystem and overall larger ticket...
Posted in International
South Korean Internet Giant Buys Poshmark in $1.2 Billion Deal [Presentation Inside]

South Korean Internet Giant Buys Poshmark in $1.2 Billion Deal [Presentation Inside]

  • October 4, 2022
  • 0 Comments
  • By Vyas Tungaturti
Naver has gained a sizable foothold in North America’s secondhand retail market with its new acquisition, the company’s largest to date. Source
Posted in International
HSBC taps JP Morgan for potential Canada exit -source [Deals Market Headlines | Breaking Stock Market News | Reuters]

HSBC taps JP Morgan for potential Canada exit -source [Deals Market Headlines | Breaking Stock Market News | Reuters]

  • October 4, 2022
  • 0 Comments
  • By Vyas Tungaturti
TORONTO, Oct 4 (Reuters) - HSBC is working with JPMorgan Chase & Co as the UK lender reviews its Canada business for a potential sale, a source familiar with the matter told Reuters on Tuesday...
Posted in International
UK take-privates flash on US buyout radar [buyout/ takeover]

UK take-privates flash on US buyout radar [buyout/ takeover]

  • October 3, 2022
  • 0 Comments
  • By Vyas Tungaturti
UK-listed companies in industrials, telecoms and technology could be potential acquisition targets while consumer brands could be targeted for their low valuation. Source Author: emily.lai
Posted in International
AstraZeneca pays 660% premium for gene therapy firm LogicBio [Deals Market Headlines | Breaking Stock Market News | Reuters]

AstraZeneca pays 660% premium for gene therapy firm LogicBio [Deals Market Headlines | Breaking Stock Market News | Reuters]

  • October 3, 2022
  • 0 Comments
  • By Vyas Tungaturti
Oct 3 (Reuters) - Shares of LogicBio Therapeutics (LOGC.O) skyrocketed on Monday after Britain's AstraZeneca's (AZN.L) said it would buy the U.S.-based gene therapy developer at a rare 660% premium...
Posted in International
Vodafone, Three UK accelerate talks for merger of British operations [Deals Market Headlines | Breaking Stock Market News | Reuters]

Vodafone, Three UK accelerate talks for merger of British operations [Deals Market Headlines | Breaking Stock Market News | Reuters]

  • October 3, 2022
  • 0 Comments
  • By Vyas Tungaturti
LONDON, Oct 3 (Reuters) - Vodafone (VOD.L) and CK Hutchison (0001.HK), the owner of Three UK, have accelerated talks about a deal to combine their British operations, Sky News reported on Monday....
Posted in International
Fallen euro offers discounts in Europe’s private sector [Private Equity Insights]

Fallen euro offers discounts in Europe’s private sector [Private Equity Insights]

  • September 6, 2022
  • 0 Comments
  • By Vyas Tungaturti
Eurozone economies face headwinds including soaring inflation, an energy crunch stemming from the war in Ukraine, an expected recession and the plunging euro that in July fell to parity with the...
Posted in International
Russia’s Sberbank sells off majority stake in Swiss subsidiary | Reuters

Russia’s Sberbank sells off majority stake in Swiss subsidiary | Reuters

  • September 2, 2022
  • 0 Comments
  • By Vyas Tungaturti
Sanctions imposed by Western countries on Russia over Ukraine have severely hit Sberbank's overseas operations. In early March it announced plans to quit almost all European markets. Source: Russia's...
Posted in Financial Services, International
UK Clears NortonLifeLock’s $9B Takeover Of Czech Biz Avast [buyout/ takeover]

UK Clears NortonLifeLock’s $9B Takeover Of Czech Biz Avast [buyout/ takeover]

  • September 2, 2022
  • 0 Comments
  • By Vyas Tungaturti
By Irene Madongo (September 2, 2022, 4:32 PM BST) -- Britain's antitrust watchdog gave the go-ahead Friday for the approximately $9 billion takeover of digital security company Avast PLC...
Posted in International
Japan property lures private equity with solid yields, prospective deals [Private Equity Insights]

Japan property lures private equity with solid yields, prospective deals [Private Equity Insights]

  • September 1, 2022
  • 0 Comments
  • By Vyas Tungaturti
A new wave of big private equity players including KKR & Co is moving in on Japan’s property market, drawn by attractive yield spreads with Japan’s low interest rates and by prospective...
Posted in International

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