M&A

• $19B-listed Industrials conglomerate Genuine Parts is weighing a breakup of its industrial parts business and its auto parts unit  Yahoo.Finance

  
  

• Swedish PE firm EQT launched a sale of Nordic digital infrastructure business GlobalConnect seeking a $9.4B valuation Reuters

  
  

• A consortium led by insurer Aquarian Holdings is in advanced talk to acquire insurance and investment company Brighthouse Financial for $4B, a ~25% premium Yahoo.Finance 

  
  

• PE firm Warburg Pincus put business services firm TRC Companies up for sale at a $3B valuation  Financial Times 

  
  

• UK online trading platform IG Groupacquired Australian crypto exchangeIndependent Reserve for $117M Reuters

  
  

• SWFs and others are in talks to acquire a 49% stake in German luxury department store Bergdorf Goodman from luxury retail group Saks Global for $1B  Reuters