German bus and train services company Flix is seeking alternatives to a stock market listing and is in talks with investors including private equity firm EQT on a potential stake sale, two people close to the matter...
360 One acquires ET Money for Rs 366 crore to enter wealth tech space
360 One Wealth and Asset Management, formerly IIFL Wealth, has entered into a definitive agreement to acquire wealth tech platform ET Money for a total sale consideration of Rs 365.8 crore, the company said in a stock...
Malaysia’s Gentari plans minority stake sale in C&I assets to raise around $400 million
New Delhi: Gentari Sdn Bhd, a unit of Malaysia’s state-run oil and gas company Petroliam Nasional Bhd (Petronas) that has been actively scouting for green energy assets in India, is now planning a minority fund raise in...
South Korean AI chip developers Rebellions and Sapeon to merge
South Korean AI chip developers Rebellions Inc and Sapeon Korea Inc are pursuing a merger, Sapeon parent SK Telecom Co said on Wednesday, in the latest attempt in South Korea to challenge global AI chip leader Nvidia as...
Warburg Pincus front-runner for controlling stake in Ebco
Global private equity firm Warburg Pincus is the front-runner to acquire a controlling stake in furniture hardware maker Ebco, two people aware of the matter said. Promoters are planning to sell up to 74% stake in the...
Family owners of Badia Spices explore $1.2 billion-plus sale, sources say
The family behind Badia Spices is exploring a sale of the Hispanic food company that could value it at over $1.2 billion, including debt, according to sources familiar with the matter. The company is working with...
Australia’s Bapcor gets $1.2 bln offer from Bain Capital
Private equity firm Bain Capital has offered to buy Australia’s Bapcor in a A$1.83 billion ($1.21 billion) deal, which analysts said could draw attention of more suitors to the struggling auto parts retailer...
Blackstone sells Mphasis tranche in early Monday trade
Blackstone sold 29.5 million shares in Mphasis Ltd, amounting to a 15.6% stake, via a block deal early on 10 June, as per data on the Bloomberg terminal. With this, Blackstone has sold shares amounting to ₹7,066 crore...
Bain Capital to take PowerSchool private in $5.6 bln deal
Buyout firm Bain Capital will take PowerSchool Holdings private in a deal valuing the education-software provider at $5.6 billion, PowerSchool said on Friday. Bain Capital will pay $22.80 per share in cash to...
New Era Cap to acquire ’47 in lifestyle brand tie-up, sources say
New Era Cap, a supplier of major U.S. sports league headware, has agreed to acquire sports lifestyle brand ’47, people familiar with the matter said on Thursday. The deal between two family-founded brands will...
MNC Capital raises offer to acquire Vista Outdoor to over $3 billion
Investment firm MNC Capital has raised its offer to acquire sporting and outdoor goods company Vista Outdoor to $39.50 per share, or over $3 billion, the investment firm said on Thursday. Shares of Vista Outdoor rose 7...
Clearlake explores $3 billion-plus sale of software provider Confluence, sources say
Private equity firm Clearlake Capital is exploring a sale of Confluence Technologies, hoping a deal will value the financial software and data management provider at more than $3 billion, including debt, according to...
