Private equity firm Hillhouse Capital Group has offered to make concessions in its purchase of Australian medical researcher George Clinical to gain regulatory approval after an unusually long review, said two people...
CCI approves minority stake acquisition in Lenskart by Dove Investments
Fair-trade regulator CCI has approved the minority stake acquisition in Lenskart Solutions by Dove Investments, Defati Investments Holding BV and Infinity Partners. The proposed combination relates to Dove Investments...
Australia’s Estia Health soars on sweetened $552 mln bid from Bain Capital
Australia’s Estia Health said it intended to back Bain Capital’s sweetened takeover offer that valued the aged-care provider at A$826.8 million ($552.05 million), sending its shares about 19% higher to a...
Prada, Zegna acquire minority stake in knitwear firm Fedeli
Prada and Ermenegildo Zegna on Tuesday said they have acquired a minority stake in Luigi Fedeli e Figlio, highlighting the importance of high-quality knitwear in the luxury segment. The luxury fashion groups will each...
Germany’s Symrise makes $544 million bid for Swedencare
German flavour and fragrance maker Symrise AG said it has made a bid approach for Swedencare AB, just days after acquiring a nearly 30% stake in the Swedish pet healthcare firm. Symrise said it made a last and final...
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...
Intel to sell $1.5 bln stake in Mobileye
Intel Corp is offering 35 million shares of Class A common stock, or about a $1.5 billion stake, in Mobileye Global Inc, according to a regulatory filing on Monday. After the offering, Intel’s voting share in the...
Titan plan to buy out CaratLane hits valuation hurdle
Differences have emerged between the Tata Group and the founders of CaratLane over the valuation of the residual stake held by the founders, leading to a months-long deadlock, said people aware of the matter. India’s...
Germany’s Symrise makes $544 million bid for Swedencare
German flavour and fragrance maker Symrise AG said it has made a bid approach for Swedencare AB, just days after acquiring a nearly 30% stake in the Swedish pet healthcare firm. Symrise said it made a last and final...
Bed Bath & Beyond in talks to sell Buybuy Baby to Go Global Retail – WSJ
Bed Bath & Beyond is in talks to sell its Buybuy Baby chain to retail investment firm Go Global Retail, the Wall Street Journal reported on Monday citing people familiar with the matter. The once high-flying home...
StanChart in talks to sell aviation finance unit to AviLease – Bloomberg News
AviLease, a jet lessor owned by Saudi Arabia’s Public Investment Fund (PIF), is said to be in advanced talks to buy Standard Chartered’s aviation finance business in a deal which could be valued at 3.5...
Ireland, NatWest sell 10% of lender Permanent TSB
Ireland’s Finance Ministry and Britain’s NatWest Group said they had jointly sold 54.6 million shares in Permanent TSB representing 10% of the Irish bank’s share capital. The shareholders will receive...
