The Board of Hindalco Industries has approved an acquisition of fabrication facility of Home Build Tech India (HBT), by way of entering into a binding MoU. The acquisition shall be effectuated through a Special Purpose...
Italy sets terms for RaiWay stake sale, TV towers tie-up
Italy has approved a decree enabling state broadcaster RAI to sell a stake in its tower unit RaiWay, as long as the disposal is compatible with a tie-up of RaiWay with rival EI Towers, a government source told Reuters...
Honasa Consumer acquires Cosmogenesis Labs for Rs 4 crore
Honasa Consumer, the parent of beauty and personal care brand Mamaearth, has acquired Cosmogenesis Laboratories, a research and development platform specialising in cosmetics, particularly natural and organic products...
Britain set to scrap NatWest share sale ahead of July election, sources say
Britain is poised to scrap a milestone sale of shares in NatWest Group to the general public, three sources familiar with the matter said late on Wednesday, after Prime Minister Rishi Sunak called a July general...
… Admits Ireda’s insolvency petition against Shri Saikrupa Sugar
After a delay of nearly six years, the Mumbai bench of the National Company Law Tribunal (NCLT) has admitted an application filed by Indian Renewable Energy Development Agency (Ireda) to admit Shri Saikrupa Sugar and...
CVC Advisers, ADIA considering possible offer for Hargreaves Lansdown
A consortium comprising CVC Advisers and the Abu Dhabi Investment Authority on Wednesday said it was considering a possible revised offer for Hargreaves Lansdown after the British investment platform’s board...
Blank-check firm Admiral to buy North America’s Acuren in $1.85 bln deal
Admiral Acquisition will buy North American engineering and lab-testing services provider Acuren in a $1.85 billion deal, the blank-check company co-founded by dealmaker Martin E. Franklin said on Wednesday. The deal...
Kretinsky weighs changes to Atos bid to win over creditors, source says
Czech billionaire Daniel Kretinsky is looking at options to try to persuade creditors to side with him in the battle for Atos, a source close to the matter said, as the distressed IT firm seeks a debt restructuring plan...
APRIL Group Acquires Controlling Stake in India’s Leading Consumer Tissue Products Company, Origami
APRIL Group, a leading global producer of fibre, pulp and paper, has acquired a controlling stake in Origami, India’s leading consumer tissue products company, marking its entrance into the fast-growing India tissue and...
Cybersecurity company CyberArk to acquire Venafi in $1.5 bln deal
CyberArk said on Monday it will acquire cybersecurity firm Venafi from private equity firm Thoma Bravo in a deal valued at around $1.54 billion. The Israel-based information security services provider will acquire...
Soroban Capital builds stake in Johnson Controls alongside Elliott, Bloomberg News reports
Soroban Capital Partners has built a stake in industrial firm Johnson Controls International in the wake of pressure from Elliott Investment Management, Bloomberg News reported, citing people with knowledge of the...
Thoma Bravo explores sale of Instructure, sources say
Private equity firm Thoma Bravo is exploring a sale of Instructure, a U.S. education software provider with a market value of $3 billion, people familiar with the matter said on Friday. Thoma Bravo, which holds an 83%...
