GQG Partners, one of Spanish bank BBVA’s biggest shareholders, has sold its stake over the bank’s decision to pursue a hostile bid for domestic rival Banco Sabadell, the Financial Times reported on Sunday...
CIEL HR Services acquires talent assessment firm Thomas Assessment
CIEL HR Services, an executive services and technology-driven HR solutions firm, has announced the acquisition of talent assessment company Thomas Assessment Pvt Ltd (TAPL), a provider of psychometric and behavioural...
Chinese robotaxi firm Pony AI files for US IPO
China-based autonomous driving firm Pony AI, backed by automaker Toyota, filed for an initial public offering in the U.S. on Thursday, in another sign of growing investor interest in new listings and easing regulatory...
Billing software firm Zuora to go private in $1.7 bln deal with Silver Lake, GIC
Billing software firm Zuora said on Thursday it has agreed to be acquired by buyout firm Silver Lake and Singaporean wealth fund GIC in a deal valued at $1.7 billion, sending its shares up nearly 6% in early trading...
Approval of Poste Italiane stake sale document temporarily halted
Poste Italiane said on Thursday the approval of its share offering document by market watchdog Consob had been temporarily suspended, pending decisions regarding the times and the conditions of the sale by the Economy...
Temasek picks 17-18% stake in VFS Global for $950 million
Singapore’s Temasek Holdings Pte. Ltd has signed an agreement to buy 17-18% in Blackstone Inc.-backed VFS Global Services Pvt. Ltd for $950 million, three people aware of the matter said. The deal values the visa...
Spanish parking operator Saba to merge with Belgium’s Interparking
Spanish parking operator Saba Infraestructuras will be integrated into Belgium-based Interparking after their main shareholders agreed to a merger, the companies said in a joint statement on Wednesday. The three...
EU approves Eiffage’s acquisition of EQOS with conditions
The European Union approved on Wednesday Eiffage’s acquisition of EQOS after the parties offered to fully divest EQOS Belgium, ensuring it remains an independent competitor to Eiffage in Belgium. The EU had raised...
Japan’s Toho buys Ghibli animation distributor GKIDS to further overseas growth
Toho Co, the Japanese creator of the “Godzilla” movie franchise, will acquire the U.S. distributor of Studio Ghibli’s famed animated films, it said on Wednesday, to help drive overseas expansion. The...
TPG, Blackstone bid for Bausch + Lomb in potential $14 billion deal
Private equity giants TPG and Blackstone have joined forces to submit a joint bid for eyecare company Bausch + Lomb, Financial Times reported citing sources familiar with the development. If successful, the transaction...
Temasek to acquire Rebel Foods stake for $180-200 million
Singapore’s Temasek Holdings is close to buying 20-25% stake in Rebel Foods for $180-200 million, three people aware of the development said, making it the biggest shareholder of the homegrown cloud kitchen chain...
Go First resolution professional can’t become its liquidator, says NCLT
The National Company Law Tribunal (NCLT) on Tuesday said bankrupt Go First’s current resolution professional Shailendra Ajmera cannot be appointed as its liquidator. The NCLT bench, consisting of judicial member...
