Inching a step closer to complete a $14 billion deal, Japan Industrial Partners (JIP), bought 78.65% share of Toshiba through a tender offer, said the Japanese firm. After owning of more than two-third majority stake of...
Magellan Midstream holders approve $18.8 billion sale to ONEOK
Magellan Midstream Partners’ unitholders voted in favour of its sale to larger rival ONEOK Inc for $18.8 billion, creating one of the largest U.S. energy pipeline companies. The sale had come under scrutiny with...
Adevinta confirms acquisition proposal from Blackstone-Permira consortium
EBay-backed online classifieds group Adevinta said it has received a proposal from a consortium led by Permira and Blackstone regarding a potential offer to acquire the company. The discussions are at an early stage and...
CCI clears acquisition of 11% of TVS Credit Services by Premji Invest
Fair trade regulator CCI said it has cleared the proposed acquisition of about 11 per cent stake in TVS Credit Services Ltd by PI Opportunities Fund-I Scheme-II (PIOF-II) and certain individuals. PI Opportunities Fund-I...
Perfios acquires open finance platform Fego.ai
Bengaluru-based fintech firm Perfios has acquired Chennai-based open finance platform Fego.ai, two people aware of the development told Mint. The discussions started during Global Fintech Fest 2023 in Mumbai recently...
StrideOne in talks to acquire EV tech startup MoEVing
StrideOne Capital Pvt. Ltd, the non-banking financial company (NBFC) set up by the founders of venture debt fund Stride Ventures, is in talks to acquire MoEVing Urban Technologies Ltd, the operator of the electric...
Delivery Hero confirms talks on partial sale of Asian business
Delivery Hero confirmed talks on a partial sale of its Asia business, adding that the deal’s value is still under negotiation. The Wirtschaftswoche business magazine first reported the news earlier in the day...
Oxford Biomedica stock soars on rosy forecast, talks to buy ABL Europe
Oxford Biomedica’s shares jumped as much as 16% after the British cell and gene therapy company said it would break even earlier than expected and that it was in exclusive talks to buy viral vector manufacturing...
Australian takeover target Origin’s top shareholder boosts stake, says shares undervalued
The top shareholder in takeover target Origin Energy has increased its stake, calling the company’s shares undervalued, in a move that could thwart an agreed offer from a consortium led by Canada’s...
Sixth Street-led consortium in exclusive talks to buy Goldman’s GreenSky – source
A consortium led by investment firm Sixth Street Partners has entered exclusive talks to acquire Goldman Sachs Group Inc’s home improvement lender GreenSky, two people familiar with the matter said. The...
Peepul Capital hires Avendus to sell stake in Unibic Foods
Mid-market private equity firm Peepul Capital is looking to divest its stake in Unibic Foods India, an Indian branch of Australian premium cookie manufacturer Unibic Biscuits. Peepul has engaged Avendus Capital to...
Advent explores sale of car insurance software vendor CCC
Private equity firm Advent International is exploring a sale of CCC Intelligent Solutions Holdings Inc, a provider of software to the car insurance industry that has a market value of $7.1 billion, people familiar with...
