Yandex’s Dutch holding company is considering selling all its Russian assets at once, rather than just a controlling stake, three people close to the matter told Reuters, as the parties race to finalise a deal...
Brazil’s Natura sells The Body Shop to Aurelius in $254 mln deal
Brazilian cosmetics maker Natura & Co said it has signed a binding agreement to sell its subsidiary The Body Shop to private investor Aurelius Group in a deal with an enterprise value of 207 million UK pounds ($254...
Allkem-Livent merger gets regulatory approvals before shareholder vote
Lithium miner Livent said on Tuesday its proposed $10.6 billion merger with Australia’s Allkem had received all the required pre-closing regulatory approvals. The deal is expected to close by Jan. 4 if Allkem...
EBRD sells 15% stake in Erste Group Bank’s Hungarian unit -director
The European Bank for Reconstruction and Development is selling its 15% stake in Erste Group Bank’s Hungarian unit back to the Austrian group after the Hungarian government’s recent exit from the bank, a top...
Mediatech startup Amagi signs pact to acquire cloud-based video platform Tellyo
Media technology startup Amagi said that it has signed a definitive agreement to acquire cloud-based remote video production platform Tellyo for an undisclosed amount. The acquisition will help Amagi enhance its video...
Real sports gaming platform Game Theory acquires sports analytics startup Matchday
Rainmatter-backed real sports gaming platform Game Theory has acquired sports analytics startup Matchday.ai. Details of the acquisition, which is effective October 28, were not disclosed. With the Matchday acquisition...
Google in talks to invest in AI startup Character.AI -sources
Alphabet’s Google is in talks to invest hundreds of millions of dollars in Character.AI, as the fast growing artificial intelligence chatbot startup seeks capital to train models and keep up with user demand, two...
Sports tech firm Game Theory acquires Matchday.ai for an undisclosed amount
Sports tech firm Game Theory has acquired Matchday.ai (Matchday), a leading sports analytics startup, for an undisclosed amount. Game Theory is backed by Zerodha founder Nithin Kamath’s Rainmatter fund. The...
Walgreens cuts Cencora stake further in $674 mln share sale
Walgreens Boots Alliance has further lowered its stake in Cencora, formerly known as AmerisourceBergen Corp, by selling shares worth about $674 million, the U.S. drugstore chain said on Thursday. After the share...
Bill Holdings denies media report on Melio deal
Software services provider Bill Holdings denied a media report that said it was pursuing an acquisition of Melio Payments. Bloomberg News reported on Wednesday the company was in advanced talks to acquire Melio and the...
Japan fund INCJ sells $1.8 bln of Renesas shares
Japanese state-backed fund INCJ said it has sold all but a token portion of its stake in semiconductor manufacturer Renesas Electronics, offloading 279 billion yen ($1.84 billion) worth of shares. The shares have...
Rolta India unit lands in bankruptcy court
The bankruptcy court in Mumbai has admitted Rolta Defence Technology Systems, an affiliate of software firm Rolta India, under the Corporate Insolvency Resolution Process (CIRP) following an application filed by one of...
