Fair trade regulator Competition Commission of India (CCI) said it has cleared the acquisition of certain shareholding in Hitachi Astemo Ltd (HAL) by Japan Investment Corporation and Honda Motor Co Ltd (HMCL). The...
Safestyle UK explores alternatives including sale
Safestyle UK confirmed it was exploring alternatives, including a potential sale of the company or a capital injection, as it deals with financial woes. The maker of polyvinyl chloride replacement windows said it has...
Exxon set to buy shale rival Pioneer for $60 billion in stock -sources
Exxon Mobil is expected to say on Wednesday it will buy U.S. rival Pioneer Natural Resources for about $60 billion, a deal that puts it atop the largest U.S. oilfield and secures a decade of low-cost production...
China’s Big Tree Cloud in $500 mln SPAC deal for US listing
U.S. blank-check firm Plutonian Acquisition Corp agreed to merge with Big Tree Cloud International Group for the Chinese personal care products company to go public in a deal that will value the combined enterprise at...
Illumina to get EU order on Thursday to divest Grail, source says
U.S. genetic testing company Illumina will get an order from EU antitrust regulators to sell cancer test maker Grail, a year after the $7.1 billion deal was blocked, a person with direct knowledge of the matter said on...
Door maker PGT rebuffs $1.9 bln offer from Koch-backed Miter – sources
PGT Innovations Inc, a U.S. maker of vinyl and aluminium doors and windows, rebuffed a $1.9 billion acquisition offer from Miter Brands, a competitor backed by Koch Industries, people familiar with the situation said on...
NCLT dismisses Simpl co-founder’s plea
In a dispute between the two founders of fintech startup Simpl, the National Company Law Tribunal has ruled in favour of Chaitra Chidanand, dismissing an application by Nityanand Sharma, seeking to refer the disputes...
Billionaire Schaeffler family mulls Vitesco buyout, Bloomberg reports
Germany’s billionaire Schaeffler family is considering a buyout of Vitesco Technologies Group to boost their presence in the electric vehicle supply chain, Bloomberg News reported on Sunday. The industrialists...
General Atlantic explores sale of software company EngageSmart
Private equity firm General Atlantic LLC is exploring a sale of EngageSmart Inc, a payments software vendor that has a market value of $3.3 billion, according to people familiar with the matter. Investment banks Goldman...
Bunge shareholders approve merger with Viterra, closing expected in mid-2024
Shareholders of global grains merchant and oilseeds processor Bunge approved the company’s acquisition of Glencore-backed Viterra during a shareholder meeting on Thursday, Bunge said in a statement. The merger...
UK to clear Hitachi-Thales rail signalling merger
Britain’s antitrust regulator said it would clear Hitachi’s acquisition of Thales’ signalling business after the Japanese company addressed its concerns by offering to sell part of its mainline...
Civitas Resources to buy Permian assets for about $2.1 bln
Civitas Resources will buy acreage in the oil-rich Permian Basin from global energy trader Vitol’s U.S. upstream venture for about $2.1 billion in cash and stock, the U.S. oil and gas producer said on Wednesday...
