The owners of eSentire are exploring options including a potential sale that could value the cybersecurity company at about $1 billion, including debt, according to people familiar with the matter. ESentire — which is...
Blackstone weighs sale of $2.6 bln events group Clarion, sources say
Blackstone Group is exploring options for Clarion Events, including a sale, that could value the business at up to 2 billion pounds ($2.6 billion), three people familiar with the matter told Reuters, as appetite for...
JAL seeks interim relief from NCLAT
Jaiprakash Associates Ltd (JAL) on Monday approached the National Company Law Appellate Tribunal (NCLAT), seeking protection from “the possibility of irreversible harm” arising from the company’s...
Australia’s Orora rejects $2.25 bln takeover offer from PE firm Lone Star
Australia’s Orora Ltd shares spiked more than 15% after it said on Tuesday it had rejected a A$3.42 billion ($2.25 billion) takeover offer from U.S. private equity firm Lone Star Fund, claiming the offer...
Abu Dhabi’s ADQ to acquire minority stake in Sotheby’s in $1 bln deal
Abu Dhabi wealth fund ADQ is to acquire a minority stake in Sotheby’s in a $1 billion deal with the auction house’s majority owner Patrick Drahi, the fund said on Friday. Under the agreement, ADQ, Abu...
Thoma Bravo prepares $3 billion sale of software maker ABC Fitness, sources say
Thoma Bravo is preparing to explore options including a potential sale of ABC Fitness Solutions that could value the software provider for health clubs and gyms at about $3 billion including debt, according to people...
Les Schwab Tire’s owner explores sale valuing it at over $7 billion, sources say
The investment firm that owns Les Schwab Tire Centers is exploring options including a sale of the tire retail chain that could value it at more than $7 billion, including debt, people familiar with the matter said on...
UK regulator provisionally clears T&L Sugars’ Tereos deal
Britain’s competition watchdog said on Tuesday it has provisionally approved the deal for T&L Sugars to buy Tereos UK & Ireland’s retail sugar business. T&L Sugars, which refines and distributes...
Cybersecurity firm Trend Micro explores sale, sources say
Trend Micro, a Japanese cybersecurity firm with a market value of about 950 billion yen ($6.5 billion), is exploring a sale after attracting buyout interest, people familiar with the matter said on Thursday. The deal...
Board of Exicom approves acquisition of Tritium Group
At meeting held on 07 August 2024 The Board of Exicom Tele-Systems at its meeting held on 07 August 2024 has approved a strategic acquisition of Tritium group of companies’ (Tritium Group) assets and business in...
Board of Uno Minda approves acquisition of balance stake in Minda Onkyo India
At meeting held on 07 August 2024. The Board of Uno Minda at its meeting held on 07 August 2024 has approved to acquire further stake in Minda Onkyo India (MOIPL), a 50:50 Joint Venture Company of Uno Minda and Onkyo...
WPP sells stake in FGS Global to KKR, downgrades guidance
British ad group WPP is selling its controlling stake in financial PR agency FGS Global to minority shareholder KKR for $775 million in cash, which it will use to reduce debt. WPP, the owner of agencies Ogilvy and...
