International Flavors & Fragrances is working with an adviser to explore a potential sale of its pharma solutions business, Bloomberg News reported on Monday, citing people familiar with the matter. The unit could...
General Atlantic to acquire minority stake in travel-tech platform TBO
Investment firm General Atlantic on Sunday said it will acquire a minority stake in Indian online B2B travel distribution platform Travel Boutique Online (TBO) for an undisclosed sum. For the deal, General Atlantic...
Bankruptcy court approves Himadri-Dalmia plan for Birla Tyres
The bankruptcy court has approved the proposal from a consortium of Himadri Speciality Chemical and Dalmia Bharat Refractories to acquire Kolkata-based Birla Tyres. Lenders of Birla Tyres had earlier cleared the...
TVS Srichakra to acquire US based firm, to grow off-highway tyre biz
TVS Srichakra Ltd, makers of TVS Eurogrip, Eurogrip and TVS brand of tyres, has drawn up plans to acquire the US-based Super Grip Corporation as part of its vision to grow in the global off-highway tyre market. On...
Esports group Faze Clan bought by Jerry Jones-backed GameSquare
Faze Holdings, the esports company that was once valued at $1 billion, is being bought by peer GameSquare in an all-stock deal after mounting losses slammed its share price. The companies did not disclose the financial...
Birla Tyres insolvency: NCLT approves joint offer of Himadri Speciality Chemical, Dalmia Bharat Refractori
Himadri Speciality Chemical Ltd on Thursday said the National Company Law Tribunal has “verbally” approved the joint resolution plan submitted by the company and Dalmia Bharat Refractories Ltd to acquire...
German broker flatexDEGIRO open to takeover by U.S. or Asian company
FlatexDEGIRO, the German online broker with operations throughout Europe, is open to a takeover by a U.S. or Asian company, a move that could “make a lot of sense”, its chief executive told Reuters. The...
Hitachi set to win EU okay for $1.8 bln Thales deal, sources say
Hitachi is set to win EU antitrust approval for its 1.7-billion-euro ($1.8 billion) acquisition of Thales GTS railway signalling business on the condition it sells assets in France and Germany, three people familiar...
A91 Partners-backed VideoVerse buys Optikka
A91 Partners-backed VideoVerse, a video editing platform, has bought AI-based design system Optikka for an undisclosed sum, marking its second acquisition this year. The deal will help VideoVerse expand its media...
Brookfield and Antin eye bids for Germany’s Techem – sources
Brookfield Infrastructure Partners and Antin Infrastructure Partners are among several bidders vying for a stake in German metering firm Techem, four people familiar with the matter told Reuters. Private equity fund...
Australia’s Mirvac to acquire land lease operator Serenitas for $643 mln
Australia’s Mirvac Group said it would buy land lease operator Serenitas from Singapore’s sovereign wealth fund GIC for A$1.01 billion ($642.76 million) along with Pacific Equity Partners Secure Assets (PEP)...
NCLAT suspends its judgement in Finolex matter after Supreme Court’s order for enquiry
The National Company Law Appellate Tribunal (NCLAT) suspended its order passed last Friday, pertaining to disclosure of the results of the AGM of Finolex Cable, after it faced an enquiry by the Supreme Court in the...
