M&A

 Mergers & Acquisitions News (M&A)

• Fifteen bidders including KKR, Blackstone, and Goldman Sachs are interested in acquiring Sankei Building, the real estate unit of Japanese media conglomerate Fuji Media Holdings, for $3B-$6.3B Reuters

• Investment firm Castlelake tapped shipping giant MSC to support a ‌potential takeover bid for $4.8B-listed UK budget airline easyJet Reuters

• LS Power is in advanced talks to buy Electricite de Frances's North American renewable power business for over $4.7B Bloomberg

• Members of the Glazer family are considering selling their stake in $4B-listed Manchester United Reuters 

• Chinese groups Sinoma and Huaxin Building Materials, Italy's Italcementi, Brazil's ​Votorantim, and others are bidding for Brazilian steelmaker CSN's ‌cement unit, which could fetch $2B Reuters

• LatAm utility conglomerate Equatorial Energia submitted the sole bid for Copasa, the Brazilian water utility undergoing privatization, offering $1.6B for a 30% stake Bloomberg

• Mercuria to Acquire Raizen’s Argentina Fuel Assets in $1.4 Billion Deal Bloomberg

• SoftBank's payments unit PayPay will acquire T&D Financial Life Insurance, the life insurance unit of T&D Holdings, for $840M Bloomberg

• Industry peers and pension funds eyeing a partial or total acquisition of BlackRock-backed Australian battery developer Akaysha Energy Bloomberg

• French spirits company Remy Cointreau is exploring options for its drinks portfolio Bloomberg

• Peloton acquired Pilates-focused startup Skōp Bloomberg