Contract drug manufacturer Thermo Fisher Scientific said on Tuesday it will buy Solventum’s purification and filtration business for about $4.1 billion, sending the latter’s shares up around 9%. The deal...
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AkzoNobel N.V. to acquire Indian arm’s powder coatings business
Akzo Nobel India announced that its board of directors has accepted a binding offer from AkzoNobel N.V. to acquire the company’s powder coatings business and International Research Centre (R&D) for Rs 2,073...
Prosus to buy Just Eat to create a European food delivery ‘champion’
Dutch technology investor Prosus has agreed to buy Just Eat Takewaway.com for 4.1 billion euros ($4.3 billion) to create a “European tech champion” of food delivery, it said on Monday. Prosus’ move...
UK’s Wood Group renews takeover talks with Dubai’s Sidara
Britain’s struggling oilfield services and engineering firm Wood Group has received a fresh approach from Dubai-based Sidara about a possible takeover offer after a failed attempt six months ago, both parties said...
Bain Capital offers to buy London-listed defence firm Chemring, Sky News reports
U.S. private equity firm Bain Capital has tabled a 1.1-billion-pound ($1.39 billion) proposal to buy Chemring Group, Sky News reported on Monday, sending shares of the London-listed defence contractor up more than 16%...
Indorama Netherlands set to acquire minority stake in EPL
Blackstone (NYSE: BX) today announced that private equity funds managed by Blackstone have entered into a definitive agreement with Indorama Netherlands, B.V. (INBV or Investor), a group entity of Indorama Ventures...
Olam to sell 44.6% stake in agribusiness to Saudi Arabia for $1.8 billion, shares jump
Singapore-based Olam Group on Monday said it will sell a 44.58% stake in its agricultural products business Olam Agri for $1.78 billion to state-owned Saudi Agricultural and Livestock Investment Company (SALIC). Shares...
Trump says he is considering merging US Postal Service with Commerce Department
President Donald Trump said on Friday he was considering merging the U.S. Postal Service with the U.S. Commerce Department, a move Democrats said would violate federal law. “We’re thinking about doing that...
Thames Water gets $9 billion bid from CK Infrastructure, FT reports
Thames Water has received a preliminary 7 billion pound ($8.86 billion) bid from Hong Kong’s CK Infrastructure for a majority stake, the Financial Times reported on Friday, citing people familiar with the matter...
Yuma Energy acquires Chennai-based Grinntech to boost battery solutions
Yuma Energy, a Battery-as-Service (BaaS) firm, on Thursday announced the acquisition of Chennai-based energy storage solutions start-up Grinntech Motors & Services for an undisclosed sum. Integrating...
GoodGlamm in talks to sell ScoopWhoop to WLDD
Indian meme marketing startup Wubba Lubba Dub Dub (WLDD) is in talks to acquire ScoopWhoop from troubled content-to-commerce firm Good Glamm Group. The proposed sale of ScoopWhoop comes a week after the Prosus-backed...
Burman family acquires controlling stake in Religare Enterprises after ₹2,116-crore open offer
The Burman family acquired a controlling stake in Religare Enterprises Limited (REL) on Thursday, February 20, after the completion of the open offer and is designated as its promoters. Its shareholding post the...
