Alight said on Wednesday it has agreed to sell its professional services and payroll outsourcing business to an affiliate of private equity firm HIG Capital for up to $1.2 billion. Shares of the benefits service...
Sensor Tower acquires market intelligence platform Data AI
App analytics company Sensor Tower said it is acquiring rival firm Data.ai in a move that could create a powerhouse entity in the mobile intelligence industry. Financial details of the deal were not disclosed. Both...
IFF to sell pharma unit to France’s Roquette in $2.85 bln deal
International Flavors & Fragrances said on Tuesday it would sell its pharma solutions business to French plant-based ingredients maker Roquette in a deal valued at $2.85 billion, as it looks to focus on higher...
UK’s TP ICAP to acquire New Zealand energy and carbon brokerage
Broker TP ICAP will acquire New Zealand-based gas, power and carbon brokerage firm Aotearea Energy, to give clients access to the New Zealand emissions trading market, it said on Tuesday. New Zealand launched an...
Oregon’s health authority reviewing UnitedHealth’s acquisition of Amedisys
Amedisys said on Tuesday Oregon’s health authority has started a review of UnitedHealth Group’s $3.3 billion acquisition of the home health and hospice caregiver. UnitedHealth announced the acquisition in...
Borse Dubai to sell $1.6 bln stake in Nasdaq, losing its spot as top shareholder
Nasdaq said on Tuesday that Borse Dubai will sell shares worth $1.6 billion in the U.S. stock exchange operator, reducing its stake to 10.8% from 15.5% and making it the company’s second-largest shareholder. Borse...
Exxon CEO says not trying to buy Hess but eyes its Guyana stake
Exxon Mobil CEO Darren Woods on Monday said his company is trying to establish it has rights over Hess Corp’s Guyana assets in its dispute with Chevron, not buy the company itself. In his first public remarks on...
Canadian payments processor Nuvei to evaluate offers to go private
Canadian payments technology company Nuvei said on Sunday it was evaluating proposals that would take the company private, after reports said that private equity firm Advent International was in advanced talks to buy...
Ashoka Buildcon acquires stake in GVR Ashoka Chennai ORR
Ashoka Buildcon has acquired 4,91,39,970 equity shares of Rs.10/- each fully paid-up, from GVR Infra Projects held in GVR Ashoka Chennai ORR (CORR), an Associate Company, out of total 9,45,00,000 equity shares to be...
Advent nearing deal to buy Canadian payments processor Nuvei, source says
Private equity firm Advent International is in advanced talks to buy Nuvei, a Canadian payments technology company that has received financial backing from actor Ryan Reynolds, a source familiar with the matter told...
Hinduja Tech sells 20% stake to Creador for $50 million
Hinduja Tech Limited (HTL), a mobility-focused global engineering R&D services company and a subsidiary of Ashok Leyland, has sold about 20% stake to PE fund Creador for $50 million, said a company statement. This...
Cisco gains EU antitrust nod for $28 bln Splunk acquisition
Cisco Systems won unconditional EU antitrust approval for its $28 billion bid for cybersecurity firm Splunk on Wednesday after EU regulators said they did not see any competition issues. The deal announced last year is...
