Berlin is preparing to buy a minority stake in KNDS, the Franco-German maker of Leopard tanks, four people familiar with the matter said, as it seeks to preserve influence after a planned 20 billion euro ($23.7 billion)...
Ovintiv to sell its Anadarko assets for $3 billion
Ovintiv said on Tuesday it agreed to sell its Anadarko assets in Oklahoma to an undisclosed buyer for $3 billion, as the company sharpens its focus on higher-margin plays in the Permian Basin and Canada’s Montney...
BLS E-Services to acquire Atyati Technologies
BLS E-Services on Monday said it will acquire a 100 per cent stake in Atyati Technologies for Rs 154 crore. In a regulatory filing, the company informed that the acquisition would be an all-cash deal and is expected to...
UK’s Rosebank Industries in talks to acquire US firms for $3.05 billion
British investment firm Rosebank Industries is in advanced talks to buy two private equity-owned U.S. businesses for $3.05 billion, it said on Monday. The company said it would fund the acquisitions through an equity...
Third Point buys stake in Spanish defence firm Indra, source says
U.S. hedge fund Third Point has bought a stake in Spanish defence company Indra and supports its chairman’s plan to acquire smaller rival Escribano Mechanical & Engineering, a market source familiar with the...
Aberdeen to vote against $9.2 billion FedEx-led InPost takeover
British money manager Aberdeen will vote against the proposed 7.8 billion euro ($9.25 billion) takeover of InPost by a consortium led by FedEx, saying the offer materially undervalues the parcel locker company. The...
Indian salon chain Naturals eyeing 2028 IPO if Reliance stake talks fail, executive says
Indian salon chain Naturals remains in talks with Reliance over a potential stake sale, but discussions have slowed as the two sides have yet to agree on a deal structure, co-founder C.K. Kumaravel said in an interview...
Ixigo acquires 60% stake in Spain-based train ticketing platform Trenes for Rs 125 crore
Le Travenues Technology, the parent company of online travel aggregator Ixigo, has acquired a 60% majority stake in Spain-based online train ticketing platform Trenes for €12 million (around Rs 125 crore). The...
Qube shares hit record high after agreeing to $8.3 billion Macquarie-led buyout
Shares of Australia’s Qube Holdings shot to a record high on Monday after it agreed to an A$11.7 billion ($8.26 billion) buyout offer from a consortium led by Macquarie Asset Management (MAM) to take the logistics...
Apax Partners walks away from Pinewood deal, citing tough market conditions
Private equity firm Apax Partners withdrew its offer for British automotive service provider Pinewood Technologies on Friday, citing prevailing challenging market conditions. Apax Partners had proposed to buy Pinewood...
ByteDance in talks to sell gaming unit Moonton for more than $6 billion, sources say
ByteDance is in advanced talks to sell Shanghai Moonton Technology, the studio behind the popular mobile game Mobile Legends: Bang Bang, to Saudi Arabia’s Savvy Games Group in a deal valued at between $6 billion...
Schroders agrees $13.5 billion sale to Nuveen as family sells out
Britain’s Schroders is being taken over by U.S. asset manager Nuveen for 9.9 billion pounds ($13.5 billion), in one of Europe’s largest ever fund manager deals that spells the end of independence for the 222...
