Contract manufacturing startup Zetwerk is betting big on the defence market and is looking to invest up to Rs 350 crore in the next few years to acquire foreign companies involved in manufacturing components for...
Rentokil PCI to Set New Standards in the Pest Control Industry with the Acquisition of HiCare
Rentokil PCI, India’s leading pest control service provider acclaimed for its expertise in pest control, has acquired HiCare Services Pvt. Ltd., a hygiene and pest management company via a share purchase deal...
Italy’s Azimut to sell full stake in investment group Kennedy Lewis for $225 mln
Azimut will sell all of its stake in private credit fund Kennedy Lewis to Goldman Sachs’ private equity unit Petershill Partners, the Italian asset manager said on Wednesday. Under the deal, Azimut will sell its...
Clariant completes $810 mln acquisition of Lucas Meyer Cosmetics
Clariant completed the $810 million acquisition of Canada’s ingredients and cosmetics maker Lucas Meyer Cosmetics from International Flavors & Fragrances, the Swiss specialty chemicals firm said on Wednesday.
Ashish Kacholia picks up 17% stake in largest homegrown burger chain Jumboking
Ace investor Ashish Kacholia has picked up a 17.2% stake in homegrown burger chain Jumboking for an undisclosed amount, becoming its second-biggest shareholder. The investment was through a secondary market transaction...
Private equity firm CD&R to buy IT company Presidio from BC Partners
U.S. private equity firm Clayton Dubilier & Rice (CD&R) said on Tuesday it had agreed to acquire a majority ownership position in information technology provider Presidio from UK-based BC Partners. CD&R said...
Private equity firm EQT agrees to buy software maker Avetta from Welsh Carson
Private equity firm EQT said on Tuesday it has agreed to buy compliance software maker Avetta from Welsh, Carson, Anderson & Stowe (WCAS). Reuters reported on Monday citing sources that EQT had prevailed in a sale...
Austria’s RHI Magnesita to buy US-based alumina producer Resco
Vienna-based fireproof materials maker RHI Magnesita plans to buy Resco Group, a U.S.-based producer of alumina and refractories for an enterprise value of up to $430 million, the companies said. RHI Magnesita said in a...
US-based F1 owner Liberty Media announces MotoGP takeover
Formula One’s U.S.-based owner Liberty Media announced a takeover of MotoGP’s parent company Dorna on Monday, valuing the world’s leading motorcycle racing championship at 4.2 billion euros ($4.53...
Advent to buy Ryan Reynolds-backed fintech Nuvei in $6.3 bln deal
Private equity firm Advent International has agreed to buy Canada’s Nuvei in an all-cash deal that values the Ryan Reynolds-backed payments technology firm at $6.3 billion. The deal, announced on Monday, will take...
EQT nears $3 billion deal for software maker Avetta, sources say
Private equity firm EQT is nearing a deal to acquire compliance software maker Avetta for more than $3 billion, including debt, according to people familiar with the matter. EQT has prevailed in a sale process run by...
Keysight outbids rival Viavi to buy UK’s Spirent for $1.5 billion
Keysight Technologies outbid rival Viavi Solutions to buy Spirent Communications for about 1.16 billion pounds ($1.46 billion) on Thursday, winning a battle over the UK telecoms testing firm’s expertise in...
