Spanish soccer club FC Barcelona plans to list its digital unit Barca Media on the Nasdaq Stock Market through the creation of a special purpose acquisition company (SPAC), newspaper Expansion reported on Friday citing...
Amara Raja Electronics announces stake acquisition in Design Alpha
Amara Raja Electronics Ltd said it has acquired a stake in engineering design firm Design Alpha. The acquisition will position Amara Raja Electronics Ltd AREL as a fully integrated electronic systems design and...
NCLT approves demerger of financial services unit of Reliance Industries
Reliance Industries Ltd announced on July 6 that the National Company Law Tribunal (NCLT) has given its nod to the demerger of the company’s financial services undertaking and its listing. Reliance had previously...
Tata to buy back Temasek’s stake in Pay TV platform: Report
The Tata Group is currently evaluating an offer to repurchase a stake in its entertainment content distribution platform from Temasek Holdings Pte. This move comes as the Indian conglomerate contemplates delaying the...
Blackstone, TPG vie for U.S. fund administrator Standish
Buyout houses including Blackstone Inc. and TPG Inc. are evaluating competing bids for a U.S. fund administrator, in a deal that may value the company at as much as $1.7 billion, two people familiar with the matter told...
Altria-backed cannabis producer Cronos explores sale
Cronos Group Inc, the Canadian cannabis producer backed by cigarette maker Altria Group Inc, confirmed on Thursday it is in talks with potential buyers to explore a sale of the company after Reuters reported on the...
Buyout firm GTCR picks up majority stake valuing FIS unit Worldpay at $18.5 billion
Private equity firm GTCR LLC on Thursday agreed to buy a 55% stake in Worldpay, the merchant services business of Fidelity National Information Services, in a deal that values the unit at $18.5 billion. As part of the...
Advent’s NielsenIQ gains conditional EU nod for GfK acquisition
Advent-owned NielsenIQ won EU antitrust approval to acquire German market research firm GfK on the condition GfK sells its consumer panel business to address the regulator’s competition concerns. U.S. consumer...
CCI approves Concentrix Corp’s acquisition of Marnix Lux
The Competition Commission of India (CCI) gave its approval for the acquisition of Marnix Lux SA by Concentrix Corporation, as well as the acquisition of approximately 22% shareholding in the combined company by the...
Vivendi in talks to sell Gala magazine to Groupe Figaro
Vivendi has started talks to sell celebrity magazine Gala to Groupe Figaro, the French media giant said on Tuesday. The deal, being pursued via its subsidiary Prisma Media, would remove a regulatory hurdle to...
Andrew Forrest’s Wyloo looks for more nickel deals as it seals Mincor buy
Wyloo Metals, the privately held battery resources unit of Australia iron ore baron Andrew Forrest, sees room to grow in nickel as it closes out its A$750.3 million ($501.4 million) buyout of miner Mincor Resources, its...
US FTC drops Altria complaint after Marlboro-maker exits stake in Juul Labs
The U.S. Federal Trade Commission said it dismissed a complaint against Marlboro cigarette maker Altria Group and e-cigarette maker Juul Labs that was brought after Altria bought a 35% stake in Juul. The agency also...
