Tempur Sealy International said on Monday it plans to sell more than 100 stores in a bid to get regulatory approval for its $4 billion deal with Mattress Firm. Tempur Sealy’s merger with Mattress Firm, which would...
Australia’s REA sweetens takeover offer for Britain’s Rightmove to $8.1 bln
Australian property listing firm REA Group has made a third pitch to buy British rival Rightmove with a new 6.1 billion pound ($8.12 billion) offer on Monday after its two previous offers were rejected. The latest offer...
Cellnex explores sale of French data centre unit, sources say
Spain’s Cellnex is exploring a sale of its data centre unit in France, in a deal that could value the business at a few hundred million euros, two people familiar with the matter said on Friday. The largest...
AlShaya Starbucks franchise stake sale talks on hold, sources say
The sale of a stake in the Middle East, North Africa and central Asia Starbucks franchise operated by Kuwait’s AlShaya Group is on hold, two people with knowledge of the process said. Boycotts and geopolitical...
UK’s Close Bros sells wealth business to Oaktree in $265 mln deal
Close Brothers Group has agreed to sell its wealth management unit, Close Brothers Asset Management (CBAM), to private equity firm Oaktree Capital Management for up to 200 million pounds ($265 million). The lender...
Rishabh Pant buys 2% stake in Techjockey for Rs 7.4 crore
Cricketer Rishabh Pant has acquired a 2% stake in online software marketplace Techjockey for Rs 7.4 crore, valuing the company at Rs 370 crore. Pant said he invested in Techjockey as the company was aiming to simplify...
DCM Shriram Industries gains 4% as BSE clears merger proposal
DCM Shriram share price today: Shares of DCM Shriram Industries climbed 3.8 per cent to Rs 200 per share on the BSE on Wednesday. The gain in DCM Shriram Industries share price came after the BSE issued “no...
Marketing tech agency Wondrlab acquires second influencer firm OPA
Mumbai-based Wondrlab, a marketing-technology agency, has acquired its second influencer marketing platform OPA. The company, which has raised $13 million from investors, said this is its sixth acquisition and second in...
WillScott, McGrath terminate $3.8 bln acquisition deal
WillScot Holdings mutually terminated its $3.8 billion acquisition of McGrath RentCorp, the latter said on Wednesday. McGrath said it would receive $180 million in termination fees from WillScot. Based in Phoenix...
Rogers to buy Bell’s stake in Maple Leaf for $3.46 billion
Rogers Communications said it would buy Bell’s stake in Maple Leaf Sports & Entertainment for C$4.7 billion ($3.46 billion) to become the majority owner of the Canadian sports firm behind the Toronto Raptors...
JK Tyres board approves merger of Cavendish Industries
JK Tyre and Industry Ltd board on Monday approved the merger plan of Cavendish Industries Ltd, said the company in a press release. The company said the amalgamation would result in all the businesses being housed in...
Toyam Sports acquires Legends League Cricket’s Hyderabad team
Toyam Sports has acquired the Suresh Raina-led Hyderabad franchise in the Legends League Cricket (LLC) for an undisclosed amount. Toyam Sports is a publicly listed company involved in sports production, promotion, and...
