IKEA has acquired U.S. logistics technology firm Locus, the two companies said on Tuesday, a deal the Swedish furniture retailer said would make its deliveries to shoppers smoother and faster as it invests to expand...
Data streaming software maker Confluent explores sale, sources say
Confluent is exploring a sale after attracting acquisition interest, according to three people familiar with the matter, the latest data infrastructure company to draw suitors for its potential in supporting artificial...
Rothschild family to sell entire stake in The Economist, Axios reports
British philanthropist Lynn Forester de Rothschild is looking to offload her family’s entire stake in global media and information company The Economist, Axios reported on Tuesday, citing a source familiar with...
Singapore’s Keppel REIT eyeing 75% of Sydney’s Top Ryde City Shopping Centre
Singapore’s Keppel REIT announced on Wednesday that it plans to acquire a 75% stake in Sydney’s Top Ryde City Shopping Centre for a gross purchase price of A$393.8 million ($259 million), marking a major...
Varmora promoters buy back 2% stake from Carlyle
Promoters of Varmora Granito Ltd, one of India’s leading tile and bathware makers, have bought back a 2% stake from private equity investor, The Carlyle Group, people said, signalling their confidence in the...
SAIC to acquire SilverEdge Government Solutions for $205 million
Defense contractor Science Applications International Corp said on Monday it had agreed to buy peer SilverEdge Government Solutions from private equity firm Godspeed Capital for $205 million in cash. The transaction is...
Ares Management buys stake in EDPR assets in about $2.9 billion deal
Ares Management said on Monday that a fund managed by its Infrastructure Opportunities unit has acquired a 49% stake in a diversified U.S. renewable energy platform from EDP Renovaveis (EDPR), valuing the business at...
Chart Industries backs sale to Baker Hughes for $13.6 billion
Chart Industries said on Monday that its shareholders voted to approve the company’s acquisition by Baker Hughes. In July, Baker Hughes said it would buy Chart Industries in a $13.6 billion all-cash deal...
Omkara buys World Wind India debt for Rs 1,225 cr
Omkara Asset Reconstruction Co has acquired the debt of Wind World India from the National Asset Reconstruction Co (NARCL) for Rs 1,250 crore. NARCL had originally purchased the debt of Rs 3,763 crore about 18 months...
Ardian acquires $2.9 billion Irish utility Energia, FT says
French investment firm Ardian is acquiring one of Ireland’s largest energy utilities, Energia Group in a deal that values the Dublin-based firm at more than 2.5 billion euros ($2.93 billion), the Financial Times...
Ashoka Buildcon acquires majority stake in JTCL for Rs 166 crore
Ashoka Buildcon on Thursday said it has acquired a majority stake in Jaora Nayagaon Toll Road Company Private Limited (JTCL) for Rs 166 crore. Ashoka Buildcon, in a regulatory filing, said the acquisition is pursuant to...
KKR explores $7 billion sale of stake in Canada’s Pembina Gas Infrastructure, sources say
KKR is exploring a potential sale of its 40% stake in Pembina Gas Infrastructure, with its holding in the Canadian midstream operator expected to be valued at around $7 billion, four people familiar with the matter said...
