Shareholders of the Connecticut-headquartered telecommunications company have approved the firm’s sale to the New York-based wireless network provider, even as a number of large investors have sought to get a higher price
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: MICHAEL RIVERA
Frontier shareholders approve $9.6B deal with Verizon
Shareholders of the Connecticut-headquartered telecommunications company have approved the firm’s sale to the New York-based wireless network provider, even as a number of large investors have sought to get a higher price. Read here
Venture Global LNG plans filing for $3B IPO
The Virginia-based company, one of the biggest suppliers of liquefied natural gas in the US, is working with Goldman Sachs, JPMorgan Chase, and Bank of America on the initial public offering to be filed soon.Read here
PHOTO: VENTURE GLOBAL LNG
Thrive Capital to invest about $1B in Databricks
The New York-based venture capital firm is in talks to acquire a stake in the California-based analytics software maker in a deal that would value the startup at about $55 billion.Read here
PHOTO: DATABRICKS
Ridgemar Energy's owner explores $1B-plus sale
Carnelian Energy Capital, the private equity backer of the Texas oil and gas producer, is working with investment bankers on possibly offloading the company, which could value it at more than $1 billion.Read here
Lenders are getting ready to submit final offers to Brookfield Asset Management for a debt package to back the take-private of the Spanish pharmaceutical producer. Read here
Cie. de Saint-Gobain to weigh $2.7B sale of unit
The French building materials producer is working with advisers as it studies a possible divestment of its auto glass business, people familiar with the matter have said. Read here
Etihad to pour up to $1B to retrofit jets amid delays
The United Arab Emirates’ national airline plans to overhaul about 50 twin-aisle widebody aircraft as it looks to refresh its fleet amid hold-ups from manufacturers. Read here
NNPC signs 10-year gas sale deal with Dangote Refinery
Nigeria’s state oil firm said that one of its subsidiaries has agreed to supply 100 million standard cubic feet of gas per day to the conglomerate’s oil refinery.Read here
