The private equity owner of Sauer Brands is exploring a sale of the 137-year-old maker of condiments and spices that could value it at more than $1 billion, including debt, according to people familiar with the matter...
UST Strengthens Presence in the Australian Market with Strategic Acquisition of Leading Consulting Firm Strativity Group
UST, a leading digital transformation solutions company, today announced that it has acquired Strativity Group, a boutique strategy consultancy specialising in customer-centric transformations. Strativity is renowned...
HIL completes acquisition of Crestia Polytech
HIL has completed the acquisition of Crestia Polytech for a cash consideration of Rs 158.44 crore. The company also completed the acquisition of its group entities being Topline Industries, Aditya Polytechnic and Prabhu...
CCI clears International Finance Corp’s acquisition of debentures in Napino
Fair trade regulator CCI on Tuesday said it has approved the proposed subscription to compulsory convertible debentures of Napino Auto and Electronics Ltd by International Finance Corporation. International Finance...
Bunge-Viterra agriculture merger runs into Canada competition concerns
Canada’s Competition Bureau on Tuesday said it found major competition concerns around U.S. grains merchant Bunge’s proposed acquisition of Glencore-backed Viterra, throwing an obstacle before a global...
Allfunds abandons talks about potential sale, Bloomberg reports
Allfunds Group Plc has abandoned discussions over a potential sale of the European fund distribution company, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. Allfunds received several...
Germany’s RTL acquires Nickelodeon rights for children’s TV network
Super RTL, a children’s television network belonging to Bertelsmann’s RTL Group, has struck a deal to acquire Nickelodeon series in Germany, the group said in a statement on Tuesday. Under the agreement...
JD Sports to buy US rival Hibbett in $1.08 billion sportswear retail deal
JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain’s biggest sportswear retailer looks to expand across the...
US sues to block merger of Coach and Michael Kors handbag makers
The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri, saying it would eliminate “direct head-to-head competition” between...
Vista Outdoor asks MNC Capital to increase $3 bln buyout offer
Vista Outdoor on Monday pushed MNC Capital to raise its offer to acquire the sporting and outdoor products maker, saying the investment firm’s current bid of $3 billion undervalued its performance gear business...
CoStar to buy Matterport in $1.6 bln deal to boost digital real estate services
CoStar Group said on Monday it would buy Matterport in a cash-and-stock deal valued at $1.6 billion, as the real estate information provider looks to win listings and sell more properties by enhancing 3D virtual tours...
US-based Quanex to buy UK’s Tyman in $976 mln cash and share deal
U.S.-based Quanex Building Products will buy doors and windows supplier Tyman in a cash and share deal, valuing the British firm at about 788 million pounds ($976 million), the companies said on Monday. Tyman shares...
