L3Harris Technologies is nearing a deal to sell a 60% stake in a portfolio of space and propulsion businesses to private equity firm AE Industrial Partners as the large defense company sheds some NASA business lines to...
Timken India update on acquisition of 26% stake in Sunstreamgreen Energy C&I Three
Timken India had entered into an Agreement to acquire 26.1% equity shares of Sunstreamgreen Energy C&I Three to purchase power under the Group Captive Scheme and this transaction would be completed on or before...
Bain Capital buying South Korean activewear firm Echo Marketing in $344 million deal
Bain Capital is buying a 43.66% stake in South Korea’s Echo Marketing, which owns local activewear brand Andar, from its founder and another shareholder for 216.6 billion won ($150.14 million), Echo said in a...
KKR, Kreate acquire South Korea’s Cheongna Logistics Center
Global investment firm KKR and its affiliated Korean asset manager, Kreate Asset Management, said on Tuesday they have purchased Cheongna Logistics Center, in what they called South Korea’s largest single-asset...
Aurobindo Pharma to acquire 26% stake in Swarnaakshu Solar Power
Aurobindo Pharma announced that, pending receipt of state government approval for setting up a captive solar power plant, the required investment for acquiring 26% in Swarnaakshu Solar Power will be completed on or...
Macquarie to Inject £245 Million More Into UK’s Southern Water
Macquarie Asset Management committed to putting a further £245 million ($330 million) of equity into Southern Water Ltd. as part of a plan to strengthen the finances of the UK utility. Macquarie, which holds a majority...
SoftBank nears deal for data center investment firm DigitalBridge: Bloomberg News
SoftBank is in advanced talks to acquire DigitalBridge, Bloomberg News reported on Monday, citing people familiar with the matter. SoftBank could announce an agreement as soon as Monday, the report said. Reuters...
DOMS Industries update on acquisition of minor stake in Pioneer Stationery
DOMS Industries announced that in August 2025, the company has completed a partial acquisition of 6.5% stake in Pioneer Stationery from certain existing shareholders and the acquisition of remaining stake of 6.5% was...
EESL looks to sell IntelliSmart for $723 mn as debt piles up, Deloitte to advise
The proposed transaction would rank among the largest deals in India’s fast-growing smart metering sector and highlights the financial stress at EESL, even as IntelliSmart plays a key role in the country’s $30-billion...
Britain’s Octopus Energy to spin out Kraken at $8.65 billion valuation
Britain’s Octopus Energy said on Monday it will spin off its technology arm, Kraken, as an independent company valued at $8.65 billion, after a funding round led by U.S. investment firm D1 Capital Partners. Kraken...
Lenskart’s subsidiary to acquire nearly 29% stake in Korea-based startup iiNeer
Lenskart Solutions said that its wholly owned subsidiary Lenskart Solutions Pte. Ltd., Singapore, would invest 3 billion Korean Won for acquiring 123,945 preference shares or 29.24% of the share capital of iiNeer Corp...
JBM Group signs exclusivity pact to buy Fortum’s EV charging business in India
Gurugram-headquartered JBM Group has signed an exclusivity agreement to acquire a majority stake in GLIDA, the Indian electric vehicle (EV) charging network of Finnish state-run energy utility Fortum Oyj, two people...
