Shriram Pistons & Rings (SPRL) advanced 1.05% to Rs 1883.85 after the company said it acquired 100% stake in Karna Intertech (Karna) for total consideration of Rs 5 crore. Karna has a sophisticated tool room located...
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Clearlake Gambles on Risky Debt in Rush to Buy Dun & Bradstreet
Clearlake Capital Group was in a tight spot. It needed to move fast as it closed in on a deal to buy Dun & Bradstreet Holdings Inc., one of Wall Street’s oldest providers of data and analytics, but lining up a...
Siemens to acquire Dotmatics in $5.1 billion deal in Life Science portfolio push
Siemens AG said on Wednesday it will acquire U.S.-based Dotmatics for $5.1 billion from private equity firm Insight Partners to strengthen its Life Sciences portfolio. Financing for the deal would be primarily carried...
BorderPlus acquires Onea Care, paving the way for Indian nurses in Germany
Workforce mobility platform BorderPlus has acquired German healthcare recruitment firm Onea Care, the Mumbai-based company said in a statement on Tuesday without disclosing the deal financials. The acquisition marks a...
Inframarket’s venture debt backers explore $30 mn secondary stake sale ahead of IPO
Infra.Market’s venture debt backers are exploring a $30 million secondary transaction in an extended pre-IPO round as they look to encash their stake before the company files its draft papers later this quarter, three...
Hooters Files for Bankruptcy as Brand Eyes Turnaround Plan
Hooters of America has filed for bankruptcy as the casual-dining brand known for its chicken wings and skimpy server uniforms struggles to lure customers. The Atlanta-based company filed for Chapter 11 bankruptcy in the...
Brookfield nears $9 billion-plus deal for Colonial Pipeline, sources say
Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system, for more than $9 billion including debt, people familiar with the matter said...
Rocket Companies to buy Mr Cooper Group for $9.4 billion in mega US real-estate deal
Rocket Companies said on Monday it would buy home loan service provider Mr Cooper Group for $9.4 billion, boosting its mortgages business in its second big deal this month to take advantage of a rebound in U.S. housing...
Sempra to sell Mexico energy assets, stake in infrastructure unit
Utility firm Sempra will sell some energy infrastructure assets in Mexico and a minority stake in Sempra Infrastructure to fund its five-year capex plan of $56 billion, it said on Monday. In February, the company had...
GlobalFoundries, Taiwanese chipmaker UMC consider merger, sources say
Taiwan’s major chipmaker United Microelectronics and U.S.-based GlobalFoundries are looking into the possibility of a merger, two sources familiar with the matter told Reuters on Monday. A combined company would...
Australia’s Domain Holdings to recommend CoStar’s $1.8 billion buyout bid
Australia’s Domain Holdings said on Monday it would recommend its shareholders to vote in favour of U.S. property data group CoStar’s takeover approach that values the real estate classifieds firm at A$2.80...
David Blitzer close to sale of Real Salt Lake, Utah Royals
Billionaire businessman David Blitzer is in advanced talks to sell a large stake in both Real Salt Lake of MLS and the Utah Royals of NWSL after owning both franchises since 2022, Sportico reported. No potential...
