Tupperware Brands Corp filed for bankruptcy following a years-long struggle with sales declines and growing competition. Tupperware Brands Corp filed for bankruptcy following a years-long struggle with sales declines...
Arko mulls sale of convenience store operations in reversal of strategy, sources say
Store operator Arko is planning to divest its convenience store operations in a deal that could be valued at around $2 billion, as it looks to abandon a yearslong expansion strategy after grappling with a slowdown in...
Britain’s THG plans tech arm demerger to focus on beauty and nutrition
British e-commerce firm THG is looking to demerge its technology services arm as it seeks to shore up its balance sheet with its cash-generative nutrition and beauty businesses. THG’s shares, which initially rose...
France’s Rexel rebuffs $9.4 billion offer from Brad Jacobs-led QXO
QXO, the company billionaire Brad Jacobs is seeking to launch into building services, recently made an offer of around $9.4 billion to acquire Rexel that the French company on Sunday said it had rebuffed. QXO’s...
Canada’s ABC Technologies proposes revised buyout of UK’s TI Fluid
Canada’s ABC Technologies Holdings proposed a revised buyout of London-listed automotive components supplier TI Fluid Systems at 176 pence ($2.31) per share on Sept. 4, the companies said on Saturday. Canada-based...
Temasek arm pares 1.4% stake in Godrej Agrovet for over Rs 212 crore
V-Sciences Investments, an arm of Temasek Holdings, on Friday divested a 1.4 per cent stake in Godrej Agrovet for more than Rs 212 crore through an open market transaction. Temasek Holdings is a state-owned...
Eni in talks with funds on another Plenitude stake sale, sources say
Italian energy group Eni is in talks with several funds over the potential sale of a minority stake in its renewable and retail business Plenitude, two sources with knowledge of the matter said on Friday. The possible...
Insight Partners explores $4 bln-plus sale of Tricentis, sources say
Private equity firm Insight Partners is exploring a sale of Tricentis, in a deal that it is hoping could value the software provider for developer applications at more than $4 billion, according to four people familiar...
UK’s National Grid to sell electricity system operator in $827 million deal
Britain’s National Grid said on Friday it had agreed to sell its Electricity System Operator (ESO) to the UK government for 630 million pounds ($827.95 million), including debt. The energy infrastructure operator...
Apollo-owned ABC Technologies proposes to buy UK’s TI Fluid for about $1 bln, Sky News reports
Apollo Global owned ABC Technologies Holdings has proposed a buyout of London-listed automotive components supplier TI Fluid Systems for more than 800 million pounds ($1.05 billion), Sky News reported, on Friday. Canada...
Torrent reaches deal to acquire majority stake in IPL franchise Gujarat Titans
Ahmedabad-based Torrent Group has reached an understanding with European private equity major CVC Capital Partners to acquire a majority stake in the Indian Premier League (IPL) franchise Gujarat Titans after the...
Fintech lending platform Moneyview acquires fintech startup Jify; attains unicorn status
Bengaluru-based fintech lending platform Moneyview has acquired fintech startup Jify in a share swap arrangement. Through the deal, Jify’s two major investors Accel India and Nexus Venture Partners got 60.2 lakh shares...
