Shein, the low‑cost fashion retailer, had intended to start its IPO this week but now appears to be delaying the listing until September in order to draw a broader investor base.
Ares Management Corp., a private‑equity firm, is set to acquire control of Toob Ltd., the UK‑based fiber broadband provider that has been supported by the government’s National Wealth Fund, according to sources familiar with the transaction.
Deutsche Telekom AG will buy a fiber company and a TV provider in Poland from Macquarie Asset Management for about €1 billion, aiming to strengthen its broadband offering in the Polish market.
The article suggests that a deal concerning Harvey Nichols could revive interest among younger shoppers, hinting at untapped value in department stores.
Swedish private‑equity group EQT Infrastructure proposed a takeover of Australian waste‑management company Cleanaway, pricing the deal at roughly A$6.9 billion (about $4.9 billion).
The article profiles Andrea Orcel, the hard‑nosed manager behind UniCredit’s planned takeover of Commerzbank, highlighting his aggressive leadership style and the strategic significance of the deal for European banking.
The German insurance giant Allianz, through its asset management arm AllianzGI, is expanding its presence in Singapore by buying the fund management business of a large local bank for €376 million, marking its second acquisition in the region within weeks.
The German financial regulator BaFin has deemed UniCredit’s request for a majority share in Commerzbank as fully submitted, allowing the deal to move forward. The European Central Bank is now examining UniCredit’s entry into the next stage of the acquisition process, bringing the potential merger a step closer.
Italian cable manufacturer Prysmian SpA announced an all‑cash acquisition of US electrical equipment maker Atkore Inc.
Ireland’s historic Park Hotel Kenmare in County Kerry has new owners and has opened a radical new wing, marking a significant investment in the property.