Adani Enterprises, Indian billionaire Gautam Adani’s flagship firm, said it would buy the remaining 51% stake in Quintillion Business Media, which operates business and financial news digital media platform BQ...
MSCI to acquire remaining stake in Burgiss for $697 mln in cash
Index provider MSCI said it will acquire the remaining 66% of Burgiss Group, a New Jersey-based provider of data and analytics solutions for investors, for $697 million in cash. The deal will boost MSCI’s...
Agnelli family’s Exor buys $2.8 bln stake in Philips
Exor NV, the investment arm of Italy’s Agnelli family, has become the top investor in Philips by buying 15% of the healthcare technology group for about 2.6 billion euros ($2.8 billion), the companies said. The...
LS Digital buys Social Panga in third acquisition
LS Digital Group, India’s largest homegrown integrated digital marketing services company, has made its third acquisition with the buyout of digital marketing agency Social Panga as part of its strategy to provide end...
SoftBank in talks to buy Vision Fund’s 25% stake in Arm
SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100 billion investment fund it raised in 2017, according to people familiar with the matter...
Investment Bank Lincoln International acquires local valuations firm
Lincoln International, a global investment banking advisory firm, has acquired EthiQuant Analytics, a valuations services provider, enhancing the firm’s ability to offer a well-rounded financial solution to its clients...
L’Occitane confirms owner contemplating possible deal to take it private
Hong Kong-listed L’Occitane International SA confirmed that its controlling shareholder is contemplating a potential deal to take the skincare company private, but said no definitive agreement has gone through in...
Vietnamese EV maker VinFast gets go-ahead for Nasdaq SPAC listing
Vietnamese electric vehicle maker VinFast said it expects to start trading on the Nasdaq as soon as next week, sparking a surge in the shares of its parent conglomerate and its blank-check merger partner. The Vietnam...
Canadian pension funds explore $6 bln sale of renewables firm Cubico -sources
Two of Canada’s biggest pension funds are exploring options including a sale of Cubico Sustainable Investments that could value the renewable energy firm at about $6 billion or more, including debt, according to...
eureKING to buy SCTbio, plans Paris-listed biotech firm
French special purpose acquisition company (SPAC) eureKING said it would acquire full ownership of SCTbio with a view to creating a new biotech company, which will be listed in Paris. eureKING said it will pay around 13...
Advent buys Australian fashion brand Zimmermann in $1 bln deal
Private equity firm Advent International has bought a majority stake in Zimmermann from the founding family and Italy’s Style Capital, in a deal which sources said values the Australian fashion brand at more than...
Tattoo products maker Body Art Alliance explores sale – sources
Body Art Alliance is exploring options including a sale that could value the supplier of tattoo and body art products at nearly $1 billion, including debt, according to people familiar with the matter. The Hanover...
