The sale process for Polaris Smart Metering has advanced further, with four-five infrastructure majors shortlisted for the next round of negotiations for the company owned by I Squared Capital, people aware of the...
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Garware Fulflex Completes Acquisition of 300,000-Square-Foot Fully Automated Medical Products Manufacturing Facility in The United States
Garware Fulflex today announced the successful completion of its acquisition of a 300,000-square-foot, fully automated medical products manufacturing facility in Jacksonville, Texas, marking a major milestone in the...
Apollo Micro Systems gains after inking pact to acquire promoters’ stake in Premier Explosives
Apollo Micro Systems added 2.75% to Rs 409.25 after the company signed a definitive share purchase agreement (SPA) to acquire a 41.33% promoters’ stake in Premier Explosives for Rs 1,550 crore in an all-cash...
Oregon drops motion to delay Paramount-Warner Bros deal
The Oregon attorney general’s office said on Friday it has withdrawn its court motion to delay Paramount’s proposed $110 billion acquisition of Warner Bros. “Paramount made it clear that they...
Bayer gets €3 billion in Apollo deal for contraceptives unit
Bayer said on Friday it had secured €3 billion ($3.4 billion) in equity from Apollo-managed funds in a deal tied to its long-acting reversible contraceptives, or LARC, business, aiming to bolster its capital...
Warburg Pincus nears $7 billion deal for PANTHERx Rare, WSJ reports
Private equity firm Warburg Pincus is nearing a deal to acquire specialty pharmacy company PANTHERx Rare for more than $7 billion, including debt, the Wall Street Journal reported on Friday, citing people familiar...
Activist investor Elliott builds stake in software firm CCC, Bloomberg News reports
Activist investor Elliott Investment Management has built a large stake in CCC Intelligent Solutions, Bloomberg News reported on Friday, as the software firm explores a sale. Chicago-based CCC has hired Morgan Stanley...
SBI to sell 1.42% stake in SBI Funds in pre-IPO deal
State Bank of India will sell a 1.42% stake in asset management unit SBI Funds Management to 30 investors for 16.55 billion rupees ($173.5 million) in a pre-IPO placement, the lender said on Thursday. The stake sale...
Mukesh Bansal-led Nurix AI acquires Verloop to expand enterprise offerings
Myntra and Cult.fit founder Mukesh Bansal-led Nurix AI has acquired conversational AI firm Verloop as it looks to strengthen its voice and chat offerings for businesses in India and the Middle East. However, the...
IKS Health completes acquisition of TruBridge, Inc.
IKS Health announced the successful completion of its previously announced acquisition of TruBridge, Inc. TruBridge is a prominent provider of healthcare technology, including an electronic health record (EHR) and...
India’s defence electronics maker Apollo Micro to buy 41.3% stake in Premier Explosives
India’s Apollo Micro Systems will acquire a 41.33% stake in defence equipment maker Premier Explosives for 15.5 billion rupees ($162.50 million), the companies said on Thursday. Here are the details: Per...
EQT, Advent, KKR explore takeover of diagnostics firm Qiagen, Bloomberg News reports
Diagnostics company Qiagen is drawing early takeover interest from buyout firms, including EQT AB, Advent and KKR, with potential offers from some suitors reaching at least $50 per Qiagen share, Bloomberg News...
