Blackstone Inc. and Japanese industrial equipment maker Yanmar Holdings Co. have emerged as potential bidders for a majority stake in Volkswagen AG’s heavy diesel engine unit Everllence SE, people familiar with the matter said.
KNDS NV has selected banks for an initial public offering, people familiar with the matter said, as the Franco-German tankmaker rushes ahead with a listing to tap huge investor demand for defense stocks.
Leopard 2 battle tank production at a KNDS plant in Germany.
Deutsche Boerse AG is nearing a deal to acquire European fund distribution platform Allfunds Group Plc for about €5.3 billion ($6.2 billion) in cash and stock, according to people familiar with the matter.
The City of London. Photographer: Jose Sarmento Matos/Bloomberg
Defense firm Czechoslovak Group AS is considering setting a price in an accelerated initial public offering that would value the company at about €25 billion ($29.1 billion), according to people familiar with the matter.
A Pandur 8x8 EVO wheeled armoured vehicle at the Czechoslovak Group AS, also known as CSG, stand at the International Defence and Security Technologies Fair (IDET) in Brno, Czech Republic, on Wednesday, May 28, 2025. The European Union’s 27 member states gave initial approval to a €150 billion defense fund that will distribute money to countries looking to invest in security capabilities according to people familiar with the matter.
Rio Tinto Group has brought on a slate of bankers including Simon Robey, one of the UK’s top rainmakers, as it pursues a deal for Glencore Plc, people with knowledge of the matter said.
An investor group led by I Squared Capital has dropped its pursuit of German media group Ströer SE & Co.’s core advertising business, people with knowledge of the matter said.
Doncasters Group, an almost 250-year-old UK metal engineering group that supplies Boeing Co., has selected banks for a US initial public offering that could value the firm at more than $4 billion, according to people familiar with the matter.
Workers install parts on a Boeing airplane in a maintenance hanger.
CVC Capital Partners Plc promoted Peter Rutland to be president as the private capital behemoth beefs up its top ranks less than two years into its life as a publicly traded company, according to people familiar with the matter.
A logo at the offices of CVC Capital Partners in London, UK, on Monday, Sept. 25, 2023. CVC Capital Partners is gearing up for a potential listing as soon as November, people with knowledge of the matter said, in one of the clearest signs yet that renewed confidence in stock offerings is spreading to Europe.
Blackstone Inc. has agreed to acquire utility-parts maker MacLean Power Systems.
Southern California Edison Co. linemen work to restore service on Pacific Coast Highway during the Woolsey Fire in Malibu, California, U.S., on Tuesday, Nov. 13, 2018. In Southern California, firefighters continued making progress against a blaze that killed two people and threatened some of the priciest real estate in the country. Photographer: Patrick T. Fallon/Bloomberg
Iceye, a Finnish satellite developer with a number of defense contracts, has raised money at a €2.4 billion ($2.8 billion) valuation, capitalizing on the military spending boom across Europe.
German construction equipment maker Wacker Neuson SE has attracted takeover interest from suitors including South Korea’s Doosan Co., according to people familiar with the matter.
BHP Group offered around £40 billion ($53 billion) in its now-aborted attempt to acquire Anglo American Plc, according to people with knowledge of the matter.
European fund distribution platform Allfunds Group Plc is attracting fresh takeover interest from suitors including Deutsche Boerse AG, according to people familiar with the matter.
The building containing the offices of Allfund Group Plc in London.
Blackstone Inc. is nearing an acquisition of MacLean Power Systems in a deal that could value the utility-parts maker at more than $4 billion, according to people familiar with the matter.
Last Thursday night, the world’s biggest miner made a brazen attempt to gatecrash one of the industry’s biggest-ever deals. Yet just three days later, the bid was already dead.
Haul trucks transport ore and waste materials at the Freeport-McMoRan open-pit copper mining complex in Morenci, Arizona, US, on Thursday, Sept. 19, 2024. Freeport-McMoRan, Rio Tinto and BHP are among the miners testing sulfide leaching as tariff threats send copper prices soaring. Photographer: Rebecca Noble/Bloomberg
BHP Group has walked away from a fresh takeover approach for Anglo American Plc, ending an unexpected and short-lived attempt by the world’s largest miner to thwart a planned tie-up between its smaller rival and Canada’s Teck Resources Ltd.
BHP Group said it was no longer considering a tie-up with Anglo American Plc.
A dumper truck drives by a conveyor belt at the Sishen open cast mine, operated by Kumba Iron Ore Ltd., an iron ore-producing unit of Anglo American Plc, in Sishen, South Africa, on Tuesday, May 22, 2018. Kumba Iron Ore may diversify into other minerals such as manganese and coal as Africa’s top miner of the raw material seeks opportunities for growth and to shield its business from price swings.
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