Ben Dummett

Activist hedge-fund manager Elliott Investment Management is making a play at global tech investor SoftBank Group—again. Elliott, founded by billionaire Paul Singer, has amassed a roughly $2 billion stake in Masayoshi Son’s SoftBank in a play to prod the company to spend its cash on a major stock buyback, according to a person familiar with the matter. Four years ago, Elliott built a $2.5 billion stake in the Tokyo company, and urged Son to sell many of its tech holdings and undertake a buyback.

Scor, whose motto is "The Art & Science of Risk," has just given investors a crash course in that concept. On Tuesday, the Paris-based reinsurer issued a profit warning, triggering a 25%-plus selloff in its stock.The comapny warned it would take a quarterly loss of around €400 million, or some $4

Stock in EQT AB, one of Europe’s biggest buyout firms, slipped after continued headwinds selling businesses undercut profit growth. The Stockholm-based firm said earnings generated from gains on selling businesses fell in the latest period, despite some big wins such as the March listing of Switzerland's Galderma. EQT’s results shows that selling businesses remains challenging— even as the industry remains under pressure to deploy its war chest of cash and lenders are increasingly willing to finance new deals.

The world’s second most-valuable fintech startup is nearing a deal to sell about $500 million worth of employee-owned shares.

Mars and Kellanova aim to complete their nearly $30 billion tieup in a year's time, but have given themselves another six months' wiggle room—recognition of the challenging environment companies face closing high-profile deals. Privately held Mars and Kellanova, whose brands include Pringles, Cheez-It and Pop-Tarts, can each scrap the snack-food megamerger if isn't completed by Aug. 13, 2025, a filing shows.

Global Auto Holdings is nearing a deal to buy Denmark's K.W. Bruun Import for about $1.2 billion including debt, people familiar with the matter said, as the auto dealer pushes deeper into Europe. The detailsA deal, if completed, could be announced as soon as later Friday, the people said.C

Dealmakers say less regulation, lower interest rates and rising stock markets could fuel activity. But “people really don’t know,” one banker says.

Wariness remains as businesses try to parse president elect's likely moves

The Apollo Global Management co-founder could help fund a near-$700 million takeover by New York Sun owner Dovid Efune.

Leon Black, the co-founder and former chairman and chief executive of Apollo Global Management, is in talks to become the anchor investor behind the planned purchase of the U.K.'s Daily Telegraph newspaper.