Private equity firms expect an increase in deal activity in 2025, with 84% of the respondents of a survey expecting to execute at least 5 to 10 deals in 2025, according to a Deutsche Numis survey among private equity...
Endeavor to sell OpenBet, IMG Arena for about $450 mln to management-led group
Endeavor Group will sell its OpenBet and IMG Arena businesses to management-led group OB Global backed by Hollywood power broker Ari Emanuel for about $450 million, the sports and entertainment company said on Monday...
Morgan Stanley’s PE arm to sell HVAC firm to Goldman Sachs Alternatives
Morgan Stanley’s private equity arm is selling its heating, ventilation and air conditioning (HVAC) business, Sila Services, about three years after it invested in the company to take advantage of the growing...
Asterion agrees to sell data centre operator Nabiax to Aermont
Spanish infrastructure investment fund Asterion Industrial Partners and Telefonica agreed to sell Spanish data centre operator Nabiax to European asset manager Aermont Capital, the companies said on Monday in a joint...
Genesis Capital sweetens bid for Australian dental chain Pacific Smiles
Private equity firm Genesis Capital has sweetened its bid for Pacific Smiles, valuing the Australian dental chain at A$316.4 million ($208.38 million) in what it called its “best and final” offer. Shares of...
BlackRock in talks about a strategic tie-up with Millennium – sources
BlackRock Inc is in early-stage talks with hedge fund Millennium Management about a strategic tie-up that could involve acquiring a minority stake in the hedge fund, two sources familiar with the matter said. The...
Serve Robotics steps into restaurant kitchens with Vebu acquisition
Serve Robotics, known for its sidewalk delivery robots, is branching out from its mainstay focus on automated delivery solutions and into restaurant kitchens through its acquisition of the ‘Autocado’...
ICICI Lombard buys stake worth ₹563 crore in ITC and Axis Bank
ICICI Lombard General Insurance Company Ltd has announced a major investment, acquiring shares worth ₹563 crore in ITC Limited and Axis Bank Limited. This transaction was completed during market hours on November 6...
Blackstone Real Estate to take Retail Opportunity private in $4 bln deal
Blackstone Real Estate entered into an agreement to take Retail Opportunity Investments Corp private in an all-cash transaction valued at about $4 billion, including debt. Reuters reported on Sunday that the alternative...
Hero Electronix’s Tessolve acquires German chip design firm for ₹400 crore
Semiconductor design company Tessolve, owned by Hero Electronix, has acquired Germany’s Dream Chip Technologies for ₹400 crore, in a deal that would enable the Bengaluru-based technology firm design more complex...
Emerson offers to buy rest of AspenTech in $15 bln deal to sharpen automation focus
Emerson Electric on Tuesday proposed to buy the rest of AspenTech that it does not own at a valuation of $15.1 billion, as the company looks to sharpen its focus on industrial automation. The company in 2021 merged its...
Board of BLS E-Services approves amendments in agreement for acquisition of Aadifidelis Solutions
The Board of BLS E-Services at its meeting held on 04 November 2024 has approved the amendment in Share Subscription and Purchase Agreement w.r.t. to acquisition of equity shares of Aadifidelis Solutions and its...
