Precious metals producer Polymetal International said on Monday it had agreed to sell its Russian assets in a $3.69 billion deal that takes into account the debt of the Russian business. Polymetal has been seeking to...
Macquarie and Federated Hermes begin talks over Cadent stake sale, says source
Macquarie Asset Management and U.S.-based Federated Hermes are exploring the potential sale of a combined 1.3 billion pound ($1.64 billion) stake in UK gas network operator Cadent, a source close to the matter told...
Quick Quack Car Wash explores minority stake sale, sources say
Quick Quack Car Wash is exploring the sale of a minority stake that could value one of the largest car wash chains in the United States at more than $3 billion, including debt, according to people familiar with the...
Vedanta promoter in talks with GQG Partners to sell $1 billion worth stake: Report
Vedanta Ltd promoter is in talks to sell a partial stake in the mining major to Rajiv Jain-led GQG Partners in a deal worth $1 billion, ETNow news channel reported, quoting sources. The final talks for a potential stake...
KKR to Acquire a Stake in Cotiviti From Veritas Capital
Private equity firm KKR & Co has agreed to acquire a stake in Cotiviti from investment manager Veritas Capital, the healthcare technology firm said on Wednesday. KKR and Veritas will have equal ownership stakes in...
Japan chipmaker Renesas to buy software firm Altium for $5.9 bln
Japan’s Renesas Electronics said it would buy electronics design firm Altium for $5.9 billion in cash, as the acquisitive automotive chipmaker looks to offer digital device design to customers. The acquisition...
Home interior company HomeLane may acquire smaller rival DesignCafe
Home interior services startup DesignCafe is in the process of merging with its bigger rival HomeLane in a stock-swap deal, multiple people aware of the development told ET. The deal will value DesignCafe at about Rs...
Britain’s Tritax Big Box agrees on possible $1.17 bln offer for rival UKCM
UK real estate investment trust Tritax Big Box has reached an agreement for a possible all-share offer for rival UK Commercial Property REIT Ltd (UKCM) valued at 924 million pounds ($1.17 billion), the companies said on...
NCLT approves Indian Sugar Manufacturing’s acquisition by Sri Dutt Biofuels Pvt Ltd
The bankruptcy court has approved a proposal from a consortium comprising Shri Dutt India Pvt Ltd and Shri Dutt Biofuels Pvt Ltd to acquire Indian Sugar Manufacturing Company Ltd. The consortium has offered to pay Rs...
Vitol to buy controlling stake in Saras from Morattis, delist it
Italy’s Moratti family has agreed to sell 35% of oil refiner Saras to global commodity trader Vitol at 1.75 euros per share, valuing the entire group 1.7 billion euros, it said in a statement on Sunday. Under...
Grab, GoTo revive talks for ride-hailing merger: report
Grab Holdings and GoTo, Southeast Asia’s biggest ride-hailing companies, have restarted talks for a merger, Bloomberg News reported on Friday. The companies are in preliminary discussions over a variety of...
UK-based Ciklum acquires Infogen, aims to double down on India
London-based cloud-native digital engineering firm Ciklum announced 100% acquisition of Infogen, a digital engineering services company with headquarters in the United States and Pune, for an undisclosed amount. Ciklum...
