FlexShopper Inc., a publicly traded provider of lease-to-own financing for appliances, electronics and other consumer products, filed for bankruptcy months after firing its chief executive officer following an internal...
Motilal Oswal Alternates picks minority stake in Sensa Core for $72 mn
Motilal Oswal Alternates has acquired a significant minority stake in medical diagnostic equipment manufacturer Sensa Core for $72 million, the companies announced in a statement on Monday. The investment will enable...
Howmet to buy Stanley Black & Decker’s aerospace unit for $1.8 billion
Howmet Aerospace will buy aircraft fastener maker Consolidated Aerospace Manufacturing from Stanley Black & Decker for an all-cash price of about $1.8 billion, the companies said on Monday. The transaction comes a...
Trian, General Catalyst to buy Janus Henderson for $7.4 billion
Nelson Peltz’s Trian and VC firm General Catalyst have agreed to buy asset manager Janus Henderson for $7.4 billion, the companies said on Monday, bringing to close a more than five-year activist campaign by the...
Australian retirement fund to buy $576 million stake in Westfield Sydney mall
The Australian Retirement Trust (ART) will acquire a near 20% stake in Scentre Group’s iconic Westfield Sydney shopping mall for A$864 million ($575.68 million), the shopping centre owner said on Tuesday. The sale...
1Point1 Solutions to acquire Costa Rica BPM firm Netcom
1Point1 Solutions (1Point1), a provider of AI-driven business process management (BPM) solutions, has entered into a definitive share purchase agreement (SPA) to acquire Netcom Business Contact Center S.A., a Costa Rica...
Nvidia-Intel deal cleared by US antitrust agencies
U.S. antitrust agencies have cleared Nvidia’s investment in Intel, according to a notice posted by the U.S. Federal Trade Commission. While the notice did not specify the details of the transaction, Nvidia said in...
Edtech Physicswallah acquires additional stake in Xylem Learning
Edtech firm PhysicsWallah on Thursday said it has invested an additional Rs 122.9 crore to raise its stake in subsidiary Xylem Learning to 77.27% from 64.98%. The deal is part of a shareholder agreement of June 2023...
BNP Paribas in exclusive talks to buy Mercedes-Benz’s car-leasing unit in $1.2 billion deal
BNP Paribas is in exclusive talks with German carmaker Mercedes-Benz to acquire its car-leasing subsidiary Athlon, the French bank said on Thursday, in a transaction valued at approximately 1 billion euros ($1.17...
Board of Spice Lounge Food Works approves acquisition of Singapore based Prisha Infotech
Spice Lounge Food Works announced that its Board of Directors has approved the acquisition of 100% stake in Singapore based Prisha Infotech, for a total consideration of $1,50,000 marking a strategic expansion into...
Elliott takes over $1 billion stake in Lululemon, source says
Activist investor Elliott Management has amassed a stake of more than $1 billion in Lululemon Athletica and is lining up a potential CEO candidate as it pushes to revive the struggling athletic apparel retailer, a...
Kering to buy jewellry producer Raselli Franco
French luxury group Kering will buy family-owned jewellery producer Raselli Franco Group, it said on Thursday, announcing an initial 115 million euro ($134.76 million) investment into the business. The 20% stake will be...
