Costa Group Holdings Ltd said U.S. private equity firm Paine Schwartz Partners (PSP) reduced its non-binding takeover offer for shares it does not already own, valuing the horticulture company at A$1.49 billion ($958.4...
Cargill denies sale of stake in Russian grain terminal
U.S.-based commodities trader Cargill denied it had sold its stake in a Russian grain terminal to Russia’s Delo Group. Russian media reported that Delo, a transport and logistics group, was buying out...
Trucking firm Estes Express submits revised $1.525 bln bid for Yellow’s shipment centers
Trucking firm Estes Express has submitted a revised stalking horse bid worth $1.525 billion in cash for bankrupt Yellow Corp’s shipment centers, according to a bankruptcy court filing on Wednesday. Yellow said...
Apollo Global among suitors for IGT’s global gaming division – Bloomberg News
Private equity giant Apollo Global Management is among the potential suitors seeking to acquire International Game Technology’s global gaming division, Bloomberg News reported. IGT’s gaming unit could fetch...
J.M. Smucker to buy Twinkies maker Hostess Brands in $5.6 billion deal
J.M. Smucker agreed to buy Twinkies maker Hostess Brands for $5.6 billion including debt in a deal that unites two major American snack makers. The deal was worth about $4.6 billion excluding debt, with Jif peanut...
How CCI proposes to implement a new regime for merger approvals?
The Competition Commission of India (CCI) is currently soliciting public feedback on the implementation of its overhauled merger approval framework, which received legislative approval earlier this year. Aimed at...
Indonesia’s Pertamina Geothermal in talks to buy KS Orka unit for up to $1 billion, sources say
Pertamina Geothermal Energy (PGE), a unit of Indonesian state energy firm Pertamina, is in advanced talks to buy a geothermal unit owned by KS Orka Renewables for up to $1 billion, two sources with knowledge of the...
EagleView’s owners explore sale of aerial imagery provider – sources
The private equity owners of EagleView Technologies are exploring a sale of the provider of aerial imagery and data analytics services that could value it at about $2 billion, including debt, according to people...
Stroeer considers options for 2024 sale of data business Statista, sources say
German advertising group Stroeer is considering possible options for the sale of Statista in 2024, in a process which could value the data gathering business at up to 1.5 billion euros ($1.6 billion), four sources...
AI firm Brand Engagement Network to go public via SPAC deal
Artificial intelligence startup Brand Engagement Network (BEN) agreed to go public through a merger with a blank check acquisition company in a deal valuing the combined company at $358 million. The deal with DHC...
Debt-laden Altice in talks to sell data centres to Morgan Stanley – Les Echos
Cable and telecoms group Altice is nearing a deal to sell its data centres in France to Morgan Stanley Infrastructure Partners, Les Echos reported on Wednesday, as the group of French-Israeli billionaire Patrick...
Lighthouse Advisors India sells 1.3% stake in Bikaji Foods for Rs 156 cr
Mumbai-based Lighthouse Advisors India on Tuesday divested a 1.3 per cent stake in Bikaji Foods International for nearly Rs 156 crore through an open market transaction. Lighthouse Advisors through its investment...
