VTEX (NYSE: VTEX), the composable and complete commerce platform trusted by 2,600 global enterprise brands and retailers, has acquired Weni, a leader in customer service solutions fueled by advanced AI. This acquisition...
Irish property site Daft.ie owners explore possible sale, sources say
The shareholders of Distilled, which owns popular property site Daft.ie, are exploring options for their holdings including a possible sale that could value the business at as much as 600 million euros ($662.82...
South Africa’s SPAR sells Polish business to Specjal
South Africa’s second-biggest grocery group SPAR has sold its loss-making business in Poland to local Polish retailer Specjal for 185 million rand ($10 million), it said on Wednesday. SPAR will be required to...
Australia’s Orora to sell North American packaging arm to CD&R-backed Veritiv
Australia’s Orora said on Wednesday it would sell its North American packaging business to U.S. private equity firm Clayton, Dubilier & Rice-backed Veritiv for an enterprise value of A$1.78 billion ($1.19...
Salesforce to acquire AI voice agent firm Tenyx, joining AI talent race
Enterprise cloud firm Salesforce on Tuesday said it has agreed to acquire Tenyx, which develops artificial intelligence-powered voice agents, to advance its AI-driven solutions. The acquisition, for which no deal value...
California-based Clearlake to buy Natixis’ private credit unit
California-based investor Clearlake Capital said on Tuesday it would buy pan-European private credit specialist MV Credit from asset manager Natixis Investment Managers, part of a wider push by investors into lending to...
CapitaLand Integrated Commercial Trust to buy 50% stake in Singapore mall
CapitaLand Integrated Commercial Trust will acquire a 50% stake in Singapore’s ION Orchard Mall for an agreed property value of S$1.85 billion ($1.42 billion), the real estate investment trust said on Tuesday. As...
Reverse merger likely to improve profit of Gujarat Gas, stock up 11%
The stock of Gujarat Gas gained 11.12% on NSE Monday following the state’s plan to simplify the shareholding structure through a reverse merger of Gujarat State Petroleum Corp (GSPC) and Gujarat State Petronet Ltd...
Blackstone buys stake in $1.2 billion European logistics fund
Private equity giant Blackstone has agreed to buy an 80% stake in a European warehouse portfolio run by landlord Burstone, the latest push by the U.S. investment manager into warehouses that have boomed alongside the...
CapitaLand Integrated Commercial Trust to buy 50% stake in Singapore mall
CapitaLand Integrated Commercial Trust will acquire a 50% stake in Singapore’s ION Orchard mall for an agreed property value of S$1.85 billion ($1.42 billion), the real estate investment trust said on Tuesday. As...
GE Vernova buys remaining stake in Saudi JV from Dussur
U.S. power equipment maker GE Vernova said on Monday it has acquired the remaining ownership stake in a Saudi gas turbine producing joint venture from state-owned Dussur. The former unit of General Electric had agreed...
Blackstone-led consortium nears $13.5 bln deal to acquire AirTrunk, source says
A consortium led by Blackstone is nearing a deal to acquire Australian data centre group AirTrunk for A$20 billion ($13.53 billion) including debt, a person with knowledge of the situation said on Monday. Blackstone and...
