Chinese sports equipment giant Anta Sports said Tuesday it has agreed to buy a 29% stake in Puma for €1.5 billion ($1.8 billion), which will make it the German athletic apparel maker's largest shareholder.
Chinese sports equipment giant Anta Sports said Tuesday it has agreed to buy a 29% stake in Puma for €1.5 billion ($1.8 billion), which will make it the German athletic apparel maker's largest shareholder.
The London Stock Exchange Group has said it plans to entice international businesses to join indexes such as the blue-chip FTSE 100 by easing rules on the number of shares that must be held in public hands.
Britain's antitrust enforcer told Société LDC SA of France and Gressingham Foods, a breeder of ducks in England, on Tuesday not to integrate their poultry businesses as it carries out an investigation into the deal, which was completed in December.
Australian insurance broking and underwriting agency group AUB Group Ltd. said Tuesday that it has agreed to acquire a majority stake in the insurance business of insurance holding company PIHL Holdings Ltd., boosting its footprint in the U.K.
The Norwegian food company Kavli Group has offloaded £6.6 million ($9 million) of its U.K. retirement scheme liabilities to Pension Insurance Corp. PLC, the insurer said Tuesday, in a deal steered by DLA Piper and CMS Cameron McKenna Nabarro Olswang LLP.
European regulators on Tuesday signed off on a proposed $2.6 billion buyout of Australian self-storage company National Storage REIT by Brookfield Asset Management and GIC, in a deal advised by Ashurst LLP and Clayton Utz.
The finance watchdog launched a wide-ranging review into how artificial intelligence could reshape financial services and markets in the long-term on Tuesday, as regulators face growing pressure to keep pace with the fast-moving technology.
LSL Property Services PLC said it will return up to £12 million ($16.5 million) to investors through a bigger share repurchase scheme launched Tuesday, as it reported higher revenue.
Recruitment and advisory business SThree unveiled an additional share repurchase program of up to £20 million ($27.4 million) on Tuesday, as the company reported a sharp drop in its pre-tax profit.
