Sonoco Products said on Monday it would buy European food cans maker Eviosys from private equity group KPS Capital Partners in a $3.9 billion deal, to expand its metal and aerosol packaging business. The U.S. packaging...
South Korea’s SK Group considers asset sales, mergers as part of overhaul
South Korea’s SK Group plans to hold a two-day strategy meeting starting Friday to discuss streamlining its business to focus on key areas including artificial intelligence, chips and batteries. The group, best...
Board of Swan Energy approves acquisition of balance stake in Triumph Offshore
The Board of Directors of Swan Energy (SEL) at its meeting held on 24 June 2024, have inter alia, considered and approved the acquisition of 26,21,50,000 equity shares of Rs. 10/- each of Triumph Offshore (TOPL)...
Masdar, AIIB, Sojitz, Mitsubishi, Gentari, Marubeni, IFC among others eye Hygenco’ stake sale in $400 million deal
Several companies have evinced interest in acquiring 49% stake in Gurugram-based green hydrogen manufacturer Hygenco Green Energies Pvt. Ltd for an estimated equity value of around $400 million, two people aware of the...
EV supply chain data provider Benchmark Mineral buys smaller peer Rho Motion
Benchmark Mineral Intelligence, a UK-based provider of critical minerals pricing and data, said it had bought smaller peer Rho Motion in a deal that will make it one of the world’s largest sources of market...
Russia’s MTS to buy back foreigners’ blocked shares for $29 million
Russia’s largest mobile operator MTS said on Monday it plans to buy back 26.3 million blocked shares from foreign shareholders for 2.5 billion roubles ($29.44 million) as part of a tender offer. MTS’ offer...
KKR seeks $20 billion for new North America buyout fund
KKR is seeking about $20 billion from investors for its latest flagship North America private equity fund, according to people familiar with the matter, three years after it launched its predecessor fund of similar size...
Packaging firm Sonoco Products to buy Eviosys in $3.9 bln deal
Sonoco Products said on Monday it would buy European food cans maker Eviosys from private equity group KPS Capital Partners in a $3.9 billion deal, to expand its metal and aerosol packaging business. The U.S. packaging...
Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites
British e-commerce firm THG has agreed to sell its portfolio of luxury goods websites to Mike Ashley’s Frasers Group for an undisclosed sum, it said on Monday. THG and Frasers have also agreed on a partnership...
Triveni Engineering buys addl 36.34 pc stake in sugar firm Sir Shadi Lal Enterprises for Rs 45 cr
Triveni Engineering & Industries Ltd has acquired an additional 36.34 per cent stake in sugar firm Sir Shadi Lal Enterprises Ltd for Rs 45 crore. The company is one of the largest integrated sugar producers in the...
Hinduja Group begins bond sale process to raise ₹7,300 crore for Reliance Capital acquisition, says report
Hinduja Group is set to raise approximately ₹7,300 crore ($873 million) through two rupee bond offerings, Bloomberg reported citing sources. This move is part of the funding strategy for acquiring Reliance Capital, it...
AmEx to buy restaurant booking platform Tock for $400 mln
American Express is buying Squarespace-owned restaurant booking platform Tock for $400 million to expand its foothold in the dining industry, a category that accounted for $100 billion in spending on its cards last year...
