Castlelake, a US private credit group, is exploring a potential acquisition of easyJet but faces EU regulatory requirements that mandate airlines be majority owned by EU nationals. The firm is actively seeking a European partner to structure the deal in compliance with these ownership restrictions.
HSG has emerged as the leading bidder to acquire a stake in Leica Camera AG, a German luxury camera manufacturer currently backed by Blackstone.
Chinese e-commerce firm JD.com’s €2.2 billion acquisition offer for Germany’s Ceconomy AG, Europe’s largest consumer electronics retailer, is under in-depth investigation by EU regulators concerning potential foreign subsidies, creating uncertainty around the deal’s completion.
The Spanish stock exchange is preparing for an uptick in IPOs in the second half of the year. The CNMV and Citigroup report receiving interest from companies seeking to list, with expectations for these operations to materialize in the coming months. Lower regulatory requirements are supporting the anticipated increase in listings.
Uber Technologies has increased its ownership stake in Delivery Hero SE to 36.83% by purchasing shares from Aspex Management, as the American ride-hailing company pursues a full acquisition of the German food-delivery platform.
The board of Addiko Bank recommends shareholders accept RBI’s takeover offer over the competing bid from Slovenian NLB, viewing RBI’s proposal as more favorable despite a lower price.
Terra Quantum, a German tech firm, switched underwriting partners for its Nasdaq IPO. The company had previously changed its IPO price multiple times while increasing its valuation.
Patrick Drahi’s assets have been seized by Swiss courts in a dispute with Altice co-founder Armando Pereira, who is seeking to reclaim at least 1.2 billion Swiss francs that he claims he is owed.
British fintech payment company Wise has moved its primary listing from London to Nasdaq in the USA. The CEO indicates strong demand in the US market and positions this move as part of the company’s growth strategy beyond symbolic reasons.
Cox, listed on Spanish stock market in 2024, achieved its best monthly performance with a 20% surge, building on over 50% annual gains. The company’s president is being considered as a candidate to lead Real Madrid, prompting market discussion about potential management focus issues, though analysts support the company’s strategic direction.