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UK gambling group says two parties still in talks on terms of £18.4bn offer
Sale of global services business is Big Four group’s largest for almost two decades
Plus, THG tries to win back shareholder confidence and a group of America’s most elite universities get $40bn richer
Formal investigation of takeover by Parker Hannifin on national security concerns
Finding a partner could have some merit but could also be messy
Supermarket will also shell out £250m as result of failed deal with its owners EG Group
Sizeable premium on offer makes this deal a winner
Clearly, enough shareholders must accept lowball offers to make the effort worthwhile
Chinese-owned Swedish carmaker earmarks most of IPO proceeds for push to only sell electric vehicles by end of decade
Online gaming software company founded by Teddy Sagi gains 50%
Elliott’s investment tactics in bankrupt companies assailed by rivals
Chief of cosmetics group forecasts return of tourism next year but wants to diversify in US and Europe
Sharing close confines in spin classes and yoga studios is back in vogue
As the surviving founders at KKR step down, some experts warn the industry could exhaust its capacity to maintain high returns
Plus, hedge fund manager-turned UK chancellor Rishi Sunak has a private equity proposition, and Credit Suisse’s attempt to cheer up investors in its Greensill-linked funds doesn’t go as planned
Plus, a Wall Street PR favourite becomes the latest target in an M&A blitz and an Indian TV mogul finds himself at the centre of his own drama
A sale of consumer health division gives under-fire management cash to play with
Group buys Aston Lark from Goldman Sachs’ asset management arm and private equity
The KKR titans show the industry can do without protective tax breaks
Combination will create a communications company worth $917m
Plus, a music mogul teams up with Blackstone to take on the industry’s most powerful labels
Call for improved oversight follows acquisitions of two of Britain’s leading grocers
Acquisition would be latest in a private equity-fuelled land rush for music catalogues
Miner could pay as much as $2bn for 45% of Sierra Gorda facility
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