Beacon Roofing Supply has agreed to an $11 billion buyout offer from billionaire Brad Jacobs’ firm QXO, weeks after it rejected a marginally lower bid from the company and raised its defenses to prevent a hostile...
KDDL gains as arm acquires stakes in Silvercity Brands AG
KDDL advanced 2.44% to Rs 3,056.80 after the company announced that its wholly owned subsidiary, Mahen Distribution, had acquired 8,74,000 partly paid-up equity shares of Silvercity Brands AG, a Switzerland-based watch...
SoftBank buys chipmaker Ampere Computing for $6.5 billion, deepening AI bet
Japanese technology investor SoftBank Group is accelerating its move into chip technology companies with the $6.5 billion purchase of Ampere Computing, a U.S. chip startup founded by the former president of Intel. The...
Brookfield leads race to buy Colonial Pipeline, Bloomberg News reports
Brookfield Asset Management is emerging as the frontrunner to acquire Colonial Pipeline, in a deal that could value the pipeline operator at $10 billion or more including debt, Bloomberg News reported on Wednesday...
Sportradar to acquire IMG Arena and its global sports betting rights portfolio
Sports technology company Sportradar Group has entered into a definitive agreement to acquire IMG Arena and its portfolio of global sports betting rights from Endeavor Group Holdings, Inc, Sportradar said on Wednesday...
Google announces largest deal in 26-year history, to acquire cybersecurity firm Wiz. What does this mean in era of AI?
Google will buy cybersecurity firm Wiz for USD 32 billion to boost the tech giant’s in-house cloud computing amid burgeoning artificial intelligence growth. The all-cash acquisition announced Tuesday would be...
Zen Technologies shares zoom after acquiring 45% stake in Bhairav Robotics
Share of Zen Technologies advanced 4.5 per cent on Wednesday after it acquired 45.3 per cent stake in of Bhairav Robotics Private Limited, making it an associate company. Zen Technologies’ stock rose as much as 4.51 per...
Alphabet to acquire cloud-security firm Wiz for $33 billion amid rising competition from Microsoft and Amazon
Alphabet Inc. is in talks to purchase cloud security company Wiz Inc. for $33 billion, restarting discussions that were called off last summer after extended negotiations, according to people familiar with the matter...
Safran offers remedies to win EU approval for Collins deal
French engine and aircraft equipment maker Safran has offered remedies in an attempt to secure EU antitrust approval for its $1.8 billion bid for Collins Aerospace’s flight controls business, an update on the...
Chevron buys about 5% of Hess stock, says it is confident of merger
Chevron bought about 4.99% of Hess Corp’s common shares this year, reflecting its confidence in completing the planned acquisition of Hess, the oil giant said in a regulatory filing on Monday. The second-largest U...
Partners Group sells subsea electricity connector for 1 bln euro
Swiss private equity firm Partners Group has sold Greenlink, a 504 megawatt subsea electricity interconnector linking Great Britain and Ireland, to Baltic Cable and Equitix, it said in a statement on Monday. The...
KKR-Warburg Pincus group submit non-binding bid for Gerresheimer, sources say
A consortium including KKR and Warburg Pincus has submitted a non-binding bid for Gerresheimer AG, which makes pens used to inject weight loss drugs like Wegovy, two people with knowledge of the matter said. The group...
