Property M&A Is Creeping Back Into Europe: Bloomberg Deals

Hi, it’s Jack Sidders in London, with a look at why deal activity is picking up among listed European real estate companies. Also today, a Starbucks activist backs off and Alibaba is making another AI investment.

Today’s top stories

• Vimeo draws interest from app developer Bending Spoons.

• Starbucks activists withdraw three board candidates.

• US launches inquiry into private equity health-care deals.

• Alibaba backs $2.5 billion AI firm in second big 2024 deal.

• How Shein’s US IPO became endangered by China rift.

Property rebound

Increased expectancy of interest rate cuts, gradually easing bond markets and a struggle for index relevance are creating ...