Adani Enterprises Ltd. is exploring selling its stake in its Mumbai-listed consumer-staple joint venture with Wilmar International Ltd., freeing up capital for their core business, according to people familiar with the...
Virtual reality startup Immersed to go public via SPAC deal – sources
Immersed Inc, a maker of software used in augmented and virtual reality (AR/VR) technology for remote working, has struck a deal to go public through a merger with a blank-check acquisition firm, according to people...
Australia’s InvoCare agrees to revised $1.2 bln buyout offer from TPG
Australia’s InvoCare Ltd said it has agreed to a lower takeover offer from U.S. private-equity firm TPG Global, valuing the funeral service provider at A$1.8 billion ($1.18 billion) following exclusive due...
Canada looking to sell Trans Mountain pipeline stake to indigenous groups – Bloomberg News
Canada is looking to sell a stake in the Trans Mountain oil pipeline to indigenous groups through a special-purpose vehicle that will allow individual communities to buy into the enterprise, Bloomberg News reported on...
KKR to buy Simon & Schuster for $1.62 bln from Paramount Global
Paramount Global said it was selling Simon & Schuster to KKR & Co for $1.62 billion in an all-cash deal, marking the end of a years-long attempt to sell the book publisher.
LNG terminal developer Crown to go public via $685 million SPAC deal
Crown LNG Holdings, which develops liquefied natural gas terminals to operate in harsh weather conditions, on Thursday agreed to go public in New York through a merger with a blank check firm, in a deal that values the...
KKR in advanced talks to buy Simon & Schuster for $1.65 billion – sources
KKR & Co Inc is in advanced talks to acquire book publisher Simon & Schuster from Paramount Global for $1.65 billion, according to people familiar with the matter. KKR was competing against bidders including...
LNG terminal developer Crown to go public via $685 mln SPAC deal
Crown LNG Holdings, which develops liquefied natural gas terminals to operate in harsh weather conditions, on Thursday agreed to go public in New York through a merger with a blank check firm, in a deal that values the...
TDR, Sycamore in talks for joint Subway bid – sources
Private equity firms TDR Capital and Sycamore Partners are in talks to team up in their pursuit to acquire sandwich restaurant chain Subway, people familiar with the matter said on Thursday. Subway expects to fetch well...
Ontario Teachers explores sale of Shearer’s Foods – sources
The Ontario Teachers’ Pension Plan (OTPP) is exploring a sale of Shearer’s Foods that could value the biggest maker of salty snacks in North America at more than $3 billion, including debt, according to...
AMW Motors admitted for insolvency as Triton fails to implement revival plan
The National Company Law Tribunal’s (NCLT) Ahmedabad bench has admitted Gujarat-based medium and heavy commercial vehicles maker AMW Motors for liquidation after its successful resolution applicant Triton Electric...
Billionaire Kretinsky in talks to buy Atos unit in $2.2 billion deal
Czech billionaire Daniel Kretinsky is in talks to buy Atos’s loss-making legacy operations in a 2 billion-euro ($2.20 billion) deal that will refocus the struggling French company on its cybersecurity and cloud...
