Shareholders of AES Corp have filed two complaints against the U.S. utility group’s planned $33.4 billion sale to a consortium led by BlackRock’s Global Infrastructure Partners and Swedish private-equity...
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OpenAI to acquire Ona to strengthen Codex cloud capabilities
OpenAI has announced plans to acquire Ona, a cloud execution and orchestration company, as it looks to expand the capabilities of its Codex platform and support more advanced, long-running artificial intelligence (AI)...
DOMS jumps 6% on acquisition of Reynolds brand assets for $3.7 million
DOMS Industries shares jumped 5.8 per cent on BSE, logging an intraday high at ₹2,245.7 per share. At 11:49 AM, DOMS Industries’ share price pared some gains, but was up 4.8 per cent at ₹2,223.1 per share. In...
Pine Labs concludes acquisition of 100% stake in Shopflo Technologies
Pine Labs said that it has completed the acquisition of 100% stake in Shopflo Technologies by way of the purchase of shares from the existing shareholders of Shopflo. The company’s board has approved this...
Rabobank, ING, Credit Agricole eye Belfius stake, media reports say
Rabobank, ING and Credit Agricole are all interested in buying a stake in Belgium’s state-owned bank Belfius, as the government plans a partial sale, Belgian newspapers L’Echo and De Tijd reported on...
BlackRock seeks to buy at least $5 billion in SpaceX IPO shares, WSJ reports
Asset manager BlackRock sought to buy at least $5 billion worth of shares in the initial public offering of Elon Musk’s SpaceX, the Wall Street Journal reported on Thursday, citing people familiar with the...
Honeywell targets $2 billion to $4 billion deals, eyes industrial automation M&A
Honeywell on Thursday said it is targeting deals valued at $2 billion to $4 billion and sees scope for acquisitions in its industrial automation business. “There is a ton of opportunity for M&A,” Peter Lau...
Woodside exercises pre-emptive right to buy PetroChina’s stake in Browse JV
Woodside Energy exercised its pre-emptive right to acquire PetroChina’s 10.67% stake in the Browse gas fields off the coast of Western Australia, the firm said on Friday, blocking a deal agreed with Japan’s...
Lenskart Solutions acquires balance stake in Quantduo Technologies
Lenskart Solutions said that it has completed the acquisition of the remaining minority stake in Quantduo Technologies (GeoIQ), increasing its ownership from 92.35% to 100% through successive purchases. In a regulatory...
Fidelity pares Meesho stake, raises ₹988 crore through share sale
American financial services company Fidelity Investments on Wednesday divested a 1.3 per cent stake in e-commerce firm Meesho for ₹988 crore through open market transactions. Fidelity Investments, through its two...
Taiwan-listed Ennoconn offers to buy Austria’s Kontron in $1.7 billion deal
Taiwan-listed technology firm Ennoconn Corp said on Wednesday it has launched a takeover bid for Austria-based Kontron, offering 23.50 euros per share to all its shareholders. Kontron, which the deal values at 1.47...
Ireland’s DCC signals support for sweetened $7.6 billion buyout bid
Ireland’s DCC said on Wednesday it would support a sweetened £5.7 billion ($7.63 billion) takeover bid by a consortium of KKR and Energy Capital Partners if the U.S. private equity firms formalise their offer...
