Background screening services provider First Advantage will buy rival Sterling Check in a $2.2 billion cash-and-stock deal, the companies said on Thursday, seeking to navigate slowing demand due to the turbulent global...
Online seafood firm Captain Fresh acquires US-based distributor
Online seafood firm Captain Fresh has acquired CenSea Inc, a US-based frozen fish and seafood importer and distributor, the former’s founder and chief executive Utham Gowda told ET. Gowda did not disclose the deal...
I Squared taps advisers to sell Energia for up to $3 billion, sources say
The owners of Energia Group are looking for advisers to sell the Irish utility in a deal that could value it at up to $3 billion including debt, two sources with knowledge of the deal said. The sale process by...
Trading platform Webull to list on Nasdaq via $7.3 bln SPAC deal
Online trading platform Webull said on Wednesday it has agreed to list its shares on the Nasdaq via a merger with a blank-check firm, which values the combined company at $7.3 billion. The deal with SK Growth...
Barclays to sell $1.1bn of US credit card debt to Blackstone
Barclays has agreed to sell about $1.1 billion of credit card debt in the United States to Blackstone, in a deal the British bank said would free up capacity to expand lending and reduce balance sheet risk. Barclays...
UK’s Currys rejects $951 mln bid from US suitor Elliott
Britain’s Currys said it rejected an improved 757 million pound ($951 million) bid from U.S. investor Elliott Advisors, in the latest twist in a potential takeover battle with a rival Chinese suitor for the...
Dubai to sell 25% stake in public parking business via IPO
The Dubai government is selling a 24.99% stake in Parkin, which oversees public parking operations in the emirate, through an initial public offering in the emirate’s first privatisation deal this year, Parkin...
UK’s Bunzl acquires Nisbets, warns on 2024 margin as inflation eases
Britain’s Bunzl said it had acquired catering distributor Nisbets in the UK and Finland-based Pamark but warned its operating margin would dip slightly from 2023 as inflation falls and after a slower start to the...
Chipmaker Broadcom sells remote-access unit to KKR in $4 billion deal
Chipmaker Broadcom is selling a unit that allows users to access desktops and applications from any device to private-equity firm KKR in a $4-billion deal to streamline its portfolio after the $69-billion purchase of...
Dubai’s Parkin to sell 24.99% stake in IPO, Gulf News reports
The Dubai government is selling a 24.99% stake in Parkin, which oversees public parking operations in the emirate, through an initial public offering in the emirate’s first privatisation deal this year, local...
IL&FS moves NCLAT to avoid wilful defaulter tag
The IL&FS Group is seeking judicial intervention to restrain banks from declaring it a “wilful defaulter” and taking action against the members of its board that took control of the infrastructure...
Brookfield, GIC, Alpha Wave eye Blackstone company PGP Glass
Brookfield, GIC of Singapore, the country’s sovereign wealth fund and Alpha Wave are circling around PGP Glass Pvt Ltd (formerly called Piramal Glass) for a minimum 50% stake along with joint control as Blackstone the...
