Reported deals included Emaar Properties’ planned offer for its construction arm, potentially worth up to $3.43 billion, and a proposed investment by Goodman Group and Digital Realty in NextDC worth about A$715 million ($499.7 million). Other reported transactions included a JSR sale that could exceed 1.3 trillion yen ($8.20 billion).
Emaar Properties plans to offer to buy the stake it does not already own in construction arm Emaar Development, in a potential deal worth as much as $3.43 billion. Goodman Group and Digital Realty offered to buy up to 9.9% of data centre operator NextDC in a deal worth about A$715 million ($499.7 million), according to a term sheet.
Japan Investment Corp plans to sell chipmaking materials maker JSR to Mitsui Chemicals in a deal that could exceed 1.3 trillion yen ($8.20 billion), two people familiar with the matter said. Specialty MGA Optio Group agreed to acquire Madrid-based Names Europe Agencia de Suscripción for an undisclosed sum. Premia Holdings completed its acquisition of Ramius Enterprise Luxembourg Holdco and subsidiaries, including Cowen Reinsurance, renamed Premia Reinsurance Europe. Epic Insurance Brokers & Consultants acquired Randall Insurance, according to a press release.
