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Nokia gets Deutsche Telekom network deal. (WSJ)
M&A activity in Vietnam sees 46% growth riding on few big-ticket deals. (DealStreetAsia)
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Czechoslovak Group , a Czech industrial-technological holding company, completed the acquisition of the Sporting Products business of Vista Outdoor Inc. , an American designer, manufacturer, and marketer of outdoor sports and recreation products, for $2.2bn.
Czechoslovak was advised by J.P. Morgan (led by Ked Fisseha ) and Clifford Chance . Vista Outdoor was advised by Moelis & Company , Morgan Stanley , Cravath, Swaine & Moore LLP (led by Michael Arnold ), Gibson Dunn (led by Jonathan Layne ) and Joele Frank (led by Kelly Sullivan ).
Macquarie Group has put forward a proposal to acquire the waste management firm Renewi for £701m ($887m). This follows over a year after the asset manager's initial attempt to purchase the British company.
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Macquarie Group is advised by Citi (led by Robert Redshaw and Sian Evans ), Linklaters and Citigate Dewe Rogerson (led by Caroline Merrell ).Renewi is advised by Ashurst .
Fortress Investment Group , an investment management company, agreed to acquire Loungers plc , a group that operates café bars, café restaurants, and roadside dining across the United Kingdom, for £350m ($442m).
Loungers is advised by Panmure Liberum (led by Rupert Dearden ), Peel Hunt (led by Dan Webster ), Houlihan Lokey (led by Sam Fuller ), Jones Day and Sodali & Co (led by Rob Greening ). Fortress is advised by HSBC (led by Anthony Parsons ), Slaughter and May (led by Richard Smith and Filippo de Falco ) and Cardew Group (led by Edward Orlebar ).
Nokia gets Deutsche Telekom network deal. (WSJ)
Nokia has signed an agreement with Deutsche Telekom to deploy a new network across Germany.
As part of the deal, the Finnish telecom equipment provider will deliver Open Radio Access Network technology. This innovative approach leverages cloud-based software, allowing telecom operators to build networks using equipment from various suppliers instead of relying on a single vendor.
M&A activity in Vietnam sees 46% growth riding on few big-ticket deals. (DealStreetAsia)
Vietnam's mergers and acquisitions market saw a 46% year-on-year increase in activity during the first nine months of 2024, with transaction values reaching $3.2bn.
This robust growth contrasts with a combined 11.3% decline in M&A deal values across neighboring countries, including Thailand, Indonesia, Malaysia, Singapore, and the Philippines.
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