Homegrown PE fund ChrysCapital said it will invest $100 million in omnichannel eyewear maker Lenskart via primary and secondary share purchases. This investment brings Lenskart’s total capital raise to nearly $850...
ITV weighing deal to buy All3Media, combine with ITV Studios
ITV is exploring a deal to buy production group All3Media from its joint owners Warner Bros Discovery Inc. and Liberty Global to combine the business with its Studios unit, two sources familiar with the matter said. A...
Earthstone Energy to buy Delaware Basin-focused Novo Oil & Gas for $1.5 billion
Earthstone Energy Inc said it would buy Novo Oil & Gas Holdings for $1.5 billion in a bid to boost its presence in the Delaware Basin. Delaware Basin, a part of the wider Permian Basin, is a prime target for...
Patterson-UTI, NexTier merge to form $5.4 billion oilfield services firm
Patterson-UTI Energy and NexTier Oilfield Solutions agreed to merge in an all-stock deal to create a $5.4 billion oilfield services firm. The merger brings together Patterson-UTI’s sizeable land drilling business...
Zurich Insurance eyes up to 51% stake in Kotak General Insurance: Report
Zurich Insurance—one of Europe’s largest insurers —is in talks to buy up to 51% stake in Kotak General Insurance, a fully-owned subsidiary of Kotak Mahindra Bank, Reuters reported Wednesday. In early-stage...
Safran nears $1.8 billion deal to acquire Raytheon’s flight controls unit
French aerospace engine maker Safran SA is nearing an approximately $1.8 billion deal to acquire a Raytheon Technologies Corp unit that makes flight controls for aircraft, helicopters and missiles, according to a person...
Australia’s AGL inks deal with BP to offer discounted EV charging in NSW
Australia’s AGL Energy said it had signed a three-year deal with energy giant BP to provide easier access to electric vehicle charging points for users in New South Wales, in a bid to switch towards green energy...
Gibson Energy to buy Buckeye Partners’ South Texas Gateway oil terminal
Gibson Energy said it will buy the South Texas Gateway oil terminal from Buckeye Partners and its partners for $1.1 billion as the Canadian energy infrastructure firm looks to expand into U.S. crude oil export markets...
Entain to buy Poland-based betting operator for $946 mln
Ladbrokes-owner Entain said it will buy Poland-based sports betting operator STS Holdings for 750 million pounds ($946 million) to further its footprint in Europe. Entain, which owns Coral betting shops as well as the...
Bunge, Viterra will merge to form $34 billion agri-trading powerhouse
U.S. grains merchant Bunge and Glencore-backed Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the companies said on Tuesday, in a deal that will likely draw close...
Barsi-backed Unipar offers 43% premium for stake in Brazil’s Braskem
Shares of Brazilian petrochemical firm Braskem soared on Monday after it confirmed a bid from Unipar Carbocloro for a controlling stake in the company at a premium of more than 40% over its previous closing price...
Silver Lake waives majority stake requirement for Software AG offer
Silver Lake will no longer make its 2.36 billion euro offer to invest in Germany’s Software AG conditional on the private equity firm acquiring more than 50% of the shares, according to a mandatory disclosure...
