Merchant bank BDT & MSD Partners, the owner of Alliance Laundry Systems, is exploring a sale of the U.S. laundry equipment manufacturer that could value it at nearly $5 billion, including debt, according to people...
Jet maker Textron seeks fuel systems unit sale
Textron Inc, the manufacturer of Bell helicopters and Cessna jets, has revived efforts it ended four years ago to sell a business that makes fuel tanks for cars and is worth in excess of $1 billion, according to people...
KKR to take machinery maker Circor private in $1.6 bn deal, stock up 49%
KKR & Co Inc said on Monday it will buy industrial machinery maker Circor International Inc in a $1.6-billion deal and take it private, as the private equity firm looks to double down on investments in the flow...
Promoter of Gravita India sells 4.6% stake for Rs 181 cr through open mkt
A promoter of Gravita India on Monday divested a 4.6 per cent stake through an open market transaction for Rs 181 crore. Rajat Agrawal (promoter) of Gravita India offloaded the shares. According to the block deal data...
CNH Industrial sells Russia business
Agricultural and construction machine maker CNH Industrial on Wednesday ceased its operations in Russia and said it sold its business in the region for about $60 million. In 2022, the Italian-American company halted...
Emerson Electric to buy National Instruments for $8.2 bln to deepen automation push
U.S. industrial conglomerate Emerson Electric Co agreed to buy National Instruments Corp (NATI.O) for $8.2 billion, capping a nearly yearlong pursuit of the measurement equipment maker. The $60-per-share cash offer...
Emerson Electric nears $8 bln deal for National Instruments – sources
Industrial conglomerate Emerson Electric is in advanced talks to acquire National Instruments Corp in a deal that could value the measurement equipment maker at about $8 billion, people familiar with the matter said on...
Kulkarni family sells 18% stake in Kirloskar Oil for Rs 825 crore via open market
The entities belonging to the late Gautam Kulkarni family and a part of the promoter group of Kirloskar Oil Engines Ltd have offloaded nearly 18% stake in the company for Rs 825 crore through block deals on Wednesday...
Shriram Pistons to invest ₹222 crore in Takahata Precision India
SPR Engenious, a wholly-owned subsidiary Shriram Pistons & Rings, will acquire 75% stake in Takahata Precision India Pvt Ltd. (TPIL) at an enterprise value ₹222 crore, the company said on Thursday. The enterprise...
Tube Investments arm buys e-tractor startup Cellestial E-Mobility
As part of its expansion into the e-mobility space, Murugappa group company Tube Investments of India (TII) has acquired the entire shareholding of Cellestial E-Mobility Pvt Ltd, a Hyderabad-based startup engaged in the...
Tata Group in talks to buy iPhone maker Wistron’s India facility: Report
Tata Group is in discussions with Taipei’s Wistron Corp, one of Apple Inc’s top vendors in India, to buy its manufacturing facility in Karnataka for up to ₹5,000 crore ($612.6 million), suggested a report by...
HyperloopTT to go public via SPAC led by former Disney execs
High-speed transportation systems maker Hyperloop Transportation Technologies (HyperloopTT) said on Tuesday it would list its shares in the United States through a deal with a blank-check firm at a pre-money valuation...
