John Bean Technologies [NYSE:JBT] is exploring a sale of its airport services and equipment business, AeroTech, said three sources familiar with the matter.   Morgan Stanley is advising the Chicago-based company, which has distributed books on the unit to prospective buyers of the segment, said two of the sources.   The AeroTech segment accounted

Axel Springer [ETR:SPR] is interested in a full takeover of online estate agent Purplebricks [LON:PURP], two sources familiar with the situation told this news service. Axel has mentioned its interest in the UK company in recent interactions, the two sources said. The German media conglomerate has shown a lot of enthusiasm in Purplebricks since it

Daily Mail and General Trust (DMGT), the UK media group, is in the advanced stages of selling its energy information business Genscape, four sources familiar with the situation said.   Centerview is acting as sellside adviser, two of the sources said.   The Louisville, Kentucky-based company has been shopped to a group of strategic buyers

AECOM [NYSE:ACM] has received inbound interest from suitors for its management services unit that it is considering spinning off, said three sources familiar with the matter.   The Los Angeles-based engineering and construction services group is working with financial advisor DBO Partners to evaluate a potential sale of the business, these sources

GrandVision’s proposed acquisition by EssilorLuxottica is viewed as highly problematic for independent opticians due to the risk of restricted access to lenses and frames, according to third parties who spoke to this news service. The combination of the two companies, which could lead to restrictions for small opticians, as well as to a drop in the

New Media Investment Group [NYSE:NEWM] is in talks to use alternative lenders to raise debt financing to back its cash-and-stock bid to acquire Gannett [NYSE:GCI], two sources familiar with the situation said.   Earlier this month, the Wall Street Journal reported that New Media, which owns GateHouse Media, was near a deal to acquire fellow newspaper

The European Commission (EC) is not expected to find major horizontal overlaps in its review of Fidelity National Information Services’ (FIS) acquisition of Worldpay, but it may focus on potential vertical and conglomerate issues, independent competition lawyers and sector experts said.   Worldpay is a large merchant acquirer and online gateway

Merger review by the Russian competition authority has become more stringent recently, due to increased scrutiny in certain areas, according to several Moscow-based competition lawyers. The process by the Federal Antimonopoly Service (FAS) typically has a one-month Phase I which can be followed by an additional two months of in-depth investigation,

Occidental Petroleum [NYSE:OXY] is seeing its investors warm up to its USD 38bn bid for Anadarko Petroleum [NYSE:APC], said two sources familiar with the situation and an Occidental investor.   Management at the Houston-based energy company started meeting with investors after announcing the bid on Wednesday, the sources familiar said. Some of

The sale process of Magellan Health [NASDAQ: MGLN] has advanced to the second round, five sources familiar with the situation said.   The Scottsdale, Arizona-based healthcare services company has wrapped up most of the management presentations with potential suitors, said three of the sources. A few parties, comprising both strategics and financial