Investment firm Sixth Street will acquire Enstar for $5.1 billion, in a deal backed by former Treasury Secretary Steven Mnuchin and billionaire J Christopher Flowers, the insurer said on Monday. Sixth Street — an...
Hewlett Packard set for unconditional EU nod for $14 billion Juniper deal, sources say
Hewlett Packard Enterprise (HPE) is expected to secure unconditional EU antitrust approval for its $14 billion acquisition of networking gear maker Juniper Networks, people familiar with the matter said. HPE announced...
Eraaya Lifespaces update on acquisition of Ebix Inc.
Eraaya Lifespaces shared the updates on the status of the acquisition process of Ebix Inc., wherein an amount of USD 14 Million (Rs 117 crore approx) has been remitted by the Consortium on 26 July 2024; making it a...
CG Power and Industrial Solutions to acquire 55% stake in GGT for Rs 319 cr
CG Power and Industrial Solutions on Wednesday said it will acquire 55 per cent stake in GG Tronics for Rs 319 crore. The acquisition is expected to be completed on or before August 23, 2024. “The company has...
KKR to take edu-tech firm Instructure private for $4.8 billion
KKR & Co will take education software platform Instructure Holdings private for $4.8 billion, the private equity firm said on Thursday. The buyout heralds a potential resurgence in private equity activity, following...
Board of Ramkrishna Forgings approves acquisition of an existing Mexican Company
The Board of Ramkrishna Forgings at its meeting held on 24 July 2024 has approved acquisition of an existing company, Resortes Libertad S.A. DE. C.V. in Mexico and approved the appointment of Chaitanya Jalan and Lalit...
Multiples PE-backed insurer Acko acquires OneCare
Multiples Private Equity-backed Acko General Insurance has acquired digital chronic care management company OneCare as it focusses on becoming a healthcare service provider. The deal was an all-cash transaction, though...
Cyan Renewables buys Australian vessel operator MMA Offshore for A$1.1 bln
Singapore’s Cyan Renewables, which operates vessels for offshore wind farms, said on Thursday it has bought MMA Offshore for A$1.1 billion ($726 million) in the largest takeover deal in this renewables segment in...
Informa to buy Cannes Lions owner Ascential for $1.6 bln
Britain’s Informa said on Wednesday it had reached a deal to buy Cannes Lions Festival owner Ascential for 1.2 billion pounds ($1.6 billion), adding the flagship ad industry conference to its portfolio of events...
Archrock to buy natgas compression firm TOPS for $983 mln
Energy infrastructure company Archrock said on Monday it would buy contract gas compression services provider Total Operations and Production Services (TOPS) for about $983 million in cash and stock from Apollo Global...
CSG sweetens bid for Vista Outdoor’s ammunition unit to $2.15 bln
Vista Outdoor said Czechoslovak Group had raised the base purchase price for its ammunition business, Kinetic Group, by $50 million to $2.15 billion. Vista had rejected investment firm MNC Capital’s final buyout...
Nazara Technologies acquires full ownership of Kiddopia publisher Paper Boat Apps in Rs 300 crore deal
Listed media and gaming firm Nazara Technologies said that it acquired the remaining 48.42% stake it did not hold in Paper Boat Apps for Rs 300 crore, making it a wholly owned subsidiary. Nazara acquired the stake from...
