Billionaire Mike Ashley’s Frasers Group is closing in on a deal to become the new British partner of struggling fashion chain Ted Baker, Sky News reported on Wednesday, citing retail industry sources. Apparel and...
Eyeing more buyouts, cyber startup Wiz raises $1 billion in private funds
U.S.-Israeli startup Wiz raised $1 billion in a private funding round that values the four-year-old cloud cyber security company at $12 billion, as it seeks to do more acquisitions. Wiz, which has raised $1.9 billion...
KKR to buy Perpetual’s corporate, wealth units for $1.4 bln; CEO Adams to retire
Perpetual said on Wednesday that buyout giant KKR & Co would acquire its wealth management and corporate trust businesses for A$2.18 billion ($1.43 billion), sending the Australian financial services firm’s...
Software company BigCommerce explores sale, sources say
BigCommerce, the e-commerce software maker that used to be backed by SoftBank Group, is exploring a sale after attracting takeover interest, people familiar with the matter said on Tuesday. BigCommerce has become an...
Wozniak’s space firm, Privateer, buys Orbital Insight, raises $56.5 million
Apple cofounder Steve Wozniak’s space data startup, Privateer, has raised $56.5 million and also acquired the analytics firm Orbital Insight, a merger that will add mapping and intelligence services to...
US utility Allete goes private in $6.2 billion deal
U.S. utility Allete said on Monday that it had agreed a deal with investment firms Global Infrastructure Partners and CPP Investments to be taken private at a $6.2 billion valuation, inclusive of debt. The transaction...
NCLAT dismisses Religare’s appeal against CCI nod
The National Company Law Appellate Tribunal (NCLAT) has rejected Rashmi Saluja-led Religare Enterprises’ appeal seeking a stay on the Competition Commission of India’s (CCI) approval for the Burman...
EQT to buy digital consultancy Perficient for about $3 billion
Swedish private equity firm EQT AB will acquire Perficient in all-cash deal valued at about $3 billion that will take the U.S.-based digital consultancy firm private, the companies said on Sunday. EQT will pay $76 for...
KARAM Safety acquires Midas Safety India
KARAM Safety, a leading global Personal Protective Equipment (PPE) player and fall protection solutions provider, has acquired Midas Safety India, a prominent player in the hand protection safety products industry...
US lawmaker probes FTC work with Europe to block Amazon iRobot merger
The chair of the House Oversight Committee said on Wednesday he is investigating the Federal Trade Commission’s (FTC) work with the European Commission in the collapse of Amazon.com’s plan to acquire iRobot...
FTC to bar Pioneer ex-CEO from Exxon board as condition to deal – WSJ
Exxon Mobil Corp is set to close its $60 billion acquisition of Pioneer Natural Resources after an agreement with antitrust enforcers that will keep former Pioneer CEO Scott Sheffield off its board, the Wall Street...
British payments group Epos Now explores possible stake sale, sources say
British tech group Epos Now is exploring strategic options, including the sale of a minority stake in the business, four people familiar with the matter told Reuters. The Norfolk-based company, which provides retailers...
