At meeting held on 06 February 2025 The Board of Orient Technologies at its meeting held on 06 February 2025 has granted in-principle approval for the acquisition of a 60% stake in eProtect 360 Solutions for a cash...
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Honeywell to split into 3 companies after Elliott Management takes $5 bn stake
Honeywell is splitting into three independently listed companies, breaking up one of America’s last standing conglomerates just months after activist investor Elliott Management took a $5 billion stake in the...
Ontario Teachers’ Pension Plan explores $4 billion-plus sale of Mitratech, sources say
Ontario Teachers’ Pension Plan is exploring a potential sale of Mitratech that could value the provider of legal and compliance software at more than $4 billion, including debt, according to people familiar with...
KKR sweetens offer for Fuji Soft as bidding war with Bain goes another round
U.S. private equity firm KKR has sweetened its offer for Japan’s Fuji Soft by 4%, the latest salvo in its protracted and messy bidding war with Bain Capital for the $4 billion IT firm. The saga underscores an...
Canada’s BCI to buy BBGI infrastructure fund in $1.32 billion deal
Canada’s BCI, one of the country’s largest asset managers, will buy BBGI Global Infrastructure S.A. in a deal valuing the Luxembourg-based investment firm at 1.06 billion pounds ($1.32 billion), the...
AMD’s $4.9 bln ZT Systems deal faces EU antitrust decision by March 12
European Union antitrust regulators will decide by March 12 whether to clear U.S. chipmaker AMD’s $4.9 billion bid for server maker ZT Systems, a European Commission filing showed on Wednesday. AMD announced the...
Three bidders in fray to acquire Morarjee Textiles
Ashok Piramal Group’s Morarjee Textiles has received three bids to take over the company in a court monitored bankruptcy process, people familiar with the details said. Morarjee owes creditors, led by Indian Bank...
De La Rue begins formal sale process after interest from Edi Truell’s consortium, others
UK banknote printer De La Rue said on Tuesday it had commenced a formal sale process after it received preliminary takeover approaches from parties other than a consortium of British financier Edi Truell’s...
De Beers, Botswana finalise talks on diamonds deal
De Beers has finalised talks on a rough diamond sales deal with the Botswana government and on extending mining licences for its joint venture there to 2054, the Anglo American unit said on Monday. “The signing...
Aero parts maker Triumph to go private in $3 billion deal
Investment firms Warburg Pincus and Berkshire Partners have agreed to buy aircraft parts maker Triumph Group in a take-private deal valued at about $3 billion, the company said on Monday. An ongoing consolidation in the...
KKR to raise Fuji Soft bid to 9,850 yen a share, above Bain’s offer
U.S. private equity firm KKR will raise its offer price for Japanese IT company Fuji Soft by more than 4% to take it above a rival offer from Bain Capital, it said on Tuesday. It is the latest salvo in a protracted...
Indonesian fund, Mitsui vie for $300 mln stake in toll operator RKE, sources say
Indonesia’s sovereign wealth fund, Indonesia Investment Authority (INA), and Japan’s Mitsui & Co are among prospective buyers of CVC Capital Partners’ 25% stake in Indonesian toll road operator RKE...
