business-deals
11 stories related to this topic, newest first.
Eirik Solheim from Oslo, Norway / Wikimedia (CC BY-SA 2.0)James Murdoch's Lupa Systems in Advanced Talks to Buy Vox Media's New York Magazine and Podcast Division
Media investor James Murdoch is negotiating to acquire New York Magazine and Vox Media's podcast unit through his company Lupa Systems. The deal would return New York Magazine to the Murdoch family after decades. Vox Media generates more than $80 million from its network of over…
deccanchronicle.comHD KSOE Secures 505 Billion-Won Order for Three Very Large Gas Carriers
HD Korea Shipbuilding & Offshore Engineering announced a 505 billion-won deal to build three very large gas carriers. The vessels are scheduled for delivery by the end of 2029 to an unidentified customer. This order contributes to the company's achievement of 40 percent of its an…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Union Pacific and Norfolk Southern File Amended Application for $72 Billion Merger
Union Pacific Corp. and Norfolk Southern Corp. filed an amended merger application on Thursday for their proposed $72 billion deal. The companies stated the merger would save shippers $3.5 billion annually. The application follows their initial proposal of the deal.
The Hollywood ReporterImax Announces 10-Theater Expansion Deal with Hoyts in Australia and New Zealand
Imax has agreed to add 10 new laser cinema locations with Hoyts Cinemas in Australia and New Zealand by 2028. This follows an earlier four-theater deal, increasing the total to 14 Imax screens in Hoyts' network. The expansion aims to meet growing demand for premium cinema experie…
thehindubusinessline.comSun Pharma Agrees to Acquire Organon in $75 Billion Cash Deal
Sun Pharma has signed a definitive agreement to acquire Organon for $75 billion in cash. The deal sets the acquisition price at $00 per share and is expected to close in early 2027. It remains subject to regulatory and stockholder approvals.
middleeasteye.netSyrian Tycoon Lobbies Trump with Real Estate Deals, Secures Sanctions Lift and $12B Contracts
@FirstSquawk reported that a Syrian tycoon lobbied President Trump using real estate deals. Following the lobbying, sanctions were lifted. This action unlocked $12 billion in contracts.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Anglo American Draws at Least Three Buyers for Australian Coal Business After Peabody Sale Derails
Anglo American has attracted at least three potential buyers for its steelmaking coal business in Australia. This development follows the derailment of a planned sale to Peabody. The events highlight ongoing interest in the asset amid recent market shifts.
Gpj4ea / Wikimedia (CC BY-SA 4.0)Churchill Downs to Buy Preakness and Black-Eyed Susan IP Rights for $85 Million
Churchill Downs announced it will acquire the intellectual property rights for the Preakness and Black-Eyed Susan for $85 million. The deal includes licensing those rights back to Maryland after 2026. The company, listed as CHDN on NASDAQ, is the buyer in the transaction.
rte.ieSazerac Approaches Brown-Forman on Potential Deal, Wall Street Journal Reports
Sazerac, the maker of Buffalo Trace, has approached Brown-Forman, the producer of Jack Daniel's, regarding a potential business deal, according to a Wall Street Journal report discussed on CNBC's Squawk Box. The approach involves discussions on possible merger or acquisition acti…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Patrick Drahi Shortlists Bidders for Controlling Stake in French Fiber Optic Firm XpFibre
Patrick Drahi, a telecom executive, has shortlisted bidders for a controlling stake in XpFibre, a French fiber optic company, according to sources. XpFibre operates as a key infrastructure provider in France's broadband network. The process involves potential sale of a majority i…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Telefonica Sells Mexican Unit Telefonica Hispanoamerica to Melisa Acquisition for $450 Million
Telefonica has completed the sale of its Mexican subsidiary, Telefonica Hispanoamerica, to Melisa Acquisition for $450 million. The transaction involves the transfer of operations in Mexico. This move aligns with Telefonica's strategy to streamline its portfolio in Latin America.