Nasdaq has agreed to acquire Adenza, a maker of software used by banks and brokerages, in a $10.5 billion cash-and-stock deal, people familiar with the matter said. The deal furthers Nasdaq CEO Adena Friedman’s efforts...
Broadcom set to win EU nod for $61 bln VMware deal, sources say
U.S. chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5%...
Sequoia Capital to sell 10.18% stake in Go Fashion via block deal: Report
Venture capital (VC) firm Sequoia Capital will sell up to 10.18 per cent stake which it holds in Go Fashion, the parent entity of Indian clothing brand Go Colors, via a block deal, according to CNBC-TV18. The floor...
Morgan Stanley Infrastructure in lead to buy Sacyr waste management unit
Morgan Stanley Infrastructure Partners is poised to buy Sacyr’s Valoriza Servicios Medioambientales in a deal that could value the unit at close to 600 million euros ($644.8 million) including debt, people...
Tanla to acquire ValueFirst Group in all-cash deal of up to Rs 395 crore
Enterprise messaging firm Tanla said it will acquire peer ValueFirst and its subsidiaries in an all-cash deal ranging up to Rs 395 crore. Tanla will acquire 100 per cent stake in ValueFirst Digital Media Private Limited...
Brookfield beefs up payments business with $2.76 billion Network International buyout
Canada’s Brookfield Asset Management said it would buy payments provider Network International for 2.2 billion pounds ($2.76 billion) in cash, as it expands its payments business in the Middle East and Africa. The...
Online payroll vendor TriNet explores sale
TriNet Group, an online payroll services provider with a market value of close to $7 billion, is exploring a potential sale of the company, according to people familiar with the matter. The Dublin, California-based...
Energy Income Partners to vote against $18.8 bln ONEOK-Magellan deal
Asset manager Energy Income Partners LLC, one of the top shareholders in Magellan Midstream Partners, said on Thursday that it intends to vote against pipeline operator ONEOK Inc’s deal to buy Magellan. Energy...
CCI approves General Atlantic’s additional stake acquisition in Acko Tech
The Competition Commission of India (CCI) granted approval for the acquisition of an additional stake in Acko Technology and Services Private Limited (Acko Tech) by General Atlantic Singapore ACK Pte. Ltd. (GASACK)...
Nelco buys 9% stake in Piscis Networks to expand satellite communications portfolio
Tata Group subsidiary, Nelco Limited, announced that it made a strategic investment in Mumbai-based satellite network software provider, Piscis Networks. Exchange filings made by Nelco, which offers satellite...
Apple buys AR headset startup Mira, The Verge reports
Apple Inc has acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies and the U.S. military, the Verge reported on Tuesday, citing a post from Mira CEO’s private Instagram account and...
Alternative asset specialist Beneficient set to complete $3.3 billion SPAC merger
Beneficient is set to go public this week with a blank-check vehicle in a deal valuing the financial services firm at about $3.3 billion, a source familiar with the matter said on Tuesday. Last year, Beneficient...
