Plus, US regulators’ antitrust fight with Big Tech continues and some ‘clearly unusual’ trades related to Trump family appointments
Three-way transaction will hand fintech FIS control of Global Payments’ issuer solutions arm
Seven-year timeline set over which private equity group could buy 80% stake in unit
Plus, Bill Ackman quietly builds a big stake in Hertz and RedBird swoops in to take control of The Telegraph sale
The best returns for buyers happen when bidding wars are scarce and sellers are desperate to lock in cash proceeds
Plan would reduce stake of Abu Dhabi-based IMI to overcome objections of British government on grounds of foreign control
The Sabadell CEO on why bigger is not always better
US group makes first major acquisition across the Atlantic as it continues competition against industry giant Uber
Plus, tariff threats push private equity groups to halt dealmaking and the high-yield bond market grinds to a halt
Buyout executives say economic uncertainty unleashed by US tariffs has made pricing assets challenging
Hedge fund group seeks to turn around hardware and software manufacturer’s languishing performance
Mid-tier firm MHA floats on London’s Aim as shake-up of sector gathers steam
US tariffs on its northern neighbour have renewed calls for pipelines and fast-tracking oil and gas projects
All-cash offer faces competing interest from entities owned by City financier Edi Truell
Plus, private equity group CVC scouts out private credit group and Intel sells off a stake in its chips unit
Blockbuster antitrust trial that could force break-up of $1.5tn tech giant gets under way in Washington
Sale is part of plan by company to divest non-core assets
Offer underlines scale of fall in UK-listed group’s value as accounting and governance issues mount
Acquisition will expand group’s motor and home insurance business
Greek billionaire who is now facility’s majority investor clashes with Trafigura over terms of crude supply deal
Fortum is looking at gas importer’s Swedish assets as it seeks to benefit from growth in energy demand
Pursuit of firm founded by Lawrence Golub underscore sector’s deepening consolidation and shift towards credit
Plus, Byju’s creditors go after the fallen edtech founders in US court and the chair of UBS scorns Switzerland’s proposed capital rules
Gulf state buys significant stake in US shale operations amid Trump administration’s pledge to unleash energy exports
Plus, cracks finally start to percolate in European credit markets and the deals that are still eking their way through the turmoil