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The Latest Breaking News on M&A

Plans to merge competing offers in ongoing push for Dartbrook coal mine

There are plans in place to open the shuttered mine by the end of 2023.

Newcastle Herald

Australia to pay controversial US prisons operator $4.6m for 52 days of transition work on Nauru

MTC, which has been accused of ‘gross negligence’ that allegedly led to gang rape, will be paid during same period as previous contractor Canstruct

The Guardian - AU

Mike Ashley quits as director of Sports Direct group - leaving son-in-law in charge

Mike Ashley is to step down as a director of Sports Direct owner Frasers Group next month after handing over the reins to his son-in-law and new chief executive Michael Murray

Daily Mirror

From analysis to the latest developments in health,
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Deadbeat SPAC: Donald Trump's Social Network Isn't Paying Its Bills. Is This The Final Setback?

A SPAC set to take former President Donald Trump’s new media company public could be facing another setback. Here’s the latest.

Benzinga

Whistleblower claims may not free Elon Musk from his Twitter hook

A court in Delaware will decide whether the Tesla chief can back out of his $44bn offer to buy the platform

The Guardian - UK

Gautam Adani names son Karan to run cement firms; injects Rs 20,000 crore in Ambuja Cement

NEW DELHI: Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.

The Times of India

GX Group completes management buyout in seven-figure deal

Former directors will stay on in the firm in different roles

Birmingham Post

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Frasers takeover bid rejected by Australian fashion hub MySale

Mike Ashley’s business has recently conducted a fashion brand acquisition spree

Evening Standard

Kaefer turnover tops £230m following acquisition of fellow Tyneside industrial services firm

The Jarrow firm's parent company acquired Wood Group Industrial Services in an £80m deal

Birmingham Post

Glass House Brands Closes Acquisition Of Morro Bay NHC Cannabis Dispensary

Glass House Brands Inc. (OTCQX: GLASF) (QTCQX:GHBWF) (NEO:GLAS.A.U) (NEO:GLAS.WT.U), has been granted all local regulatory approvals for its acquisition of the Natural Healing Center (NHC) dispensary located in Morro Bay, California, and that the tr

Benzinga

Top NDTV executives have made windfall gains from Adani’s takeover

Gautam Adani’s takeover of NDTV may have caused disquiet in the news industry, but it has proved lucrative to several employees of the TV news network. The billionaire’s purchase of about 30 percent of the broadcast company, and whispers about it in the preceding months, sent its share price soaring,…

Newslaundry

AD Ports Completes Acquisition of Majority Stake in Transmar, Transcargo International

Abu Dhabi Ports Group said on Wednesday it completed the acquisition of a 70 percent equity stake in Egypt’s Transmar International Shipping Company (Transmar) and Transcargo International (TCI), with a total value of the deal amounting to $140 million. The acquisition of the two Egypt-based maritime companies is the first…

Asharq Al-Awsat

Twitter shareholders vote in favour of Musk's $44bn offer

NEW YORK: Twitter Inc shareholders approved billionaire Elon Musk's proposed $44 billion buyout, paving the way for a trial next month to determine the deal's fate.

Bangkok Post

A Tesco store in Llanelli has been bought for £66m

The 82,000 sq ft store has been acquired by a London-based investment firm

Wales Online

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Birmingham Post

Acquisitions boost bottom line for Gateley

Legal and professional services group sees revenue and profits climb as it vows to stay busy in the deals market

Birmingham Post

Tesco store in Llanelli sold for £66.8m

The property investment in the store has been acquired by Supermarket Income REIT plc

The Independent UK

German government sells its last shares in Lufthansa

The German government has sold its last shares in the country’s biggest airline, Lufthansa, which it stepped in to rescue at the height of the coronavirus crisis

Tribune News Service

Twitter shareholders approve Musk’s $44 billion buyout as trial looms

Twitter Inc. shareholders approved billionaire Elon Musk’s proposed $44 billion buyout, paving the way for a trial next month to determine the deal’s fate.

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Input

Twitter shareholders tell Elon Musk they'll gladly take his $44 billion

Musk still won't pull out his wallet.

Axios

Twitter in the political and business world spotlights

Shareholders vote while a whistleblower testifies.

Birmingham Post

Roythornes Solicitors helps Lincolnshire-based Allison Group secure £120 million refinancing deal

Allison Group plans to build 2,000 homes annually within the next five years

Benzinga

Surprisingly, Aside from $500M+ Megadeals, 2022 Is A Normal M&A Year

Asharq Al-Awsat

Twitter Says Musk’s Latest Attempt to Scrap Deal ‘Invalid and Wrongful’

Twitter Inc said on Monday payments made to a whistleblower did not breach any terms of its $44 billion buyout by Elon Musk, after the world's richest man made another attempt to scrap the deal. In a letter to Twitter on Friday, lawyers for Musk said Twitter's failure to seek…

Tribune News Service

Twitter says Musk’s third attempt to cancel deal is invalid

Twitter Inc. said Elon Musk’s latest move to cancel his agreement to buy the social network is invalid after the billionaire said the company’s treatment of a whistle-blower gave him another reason to walk away from the $44 billion deal.

Evening Standard

Twitter denies whistleblower payout violates Musk’s takeover deal

The former exec was offered the payout after he left the firm in January

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