Kinetic Green Energy and Power Solutions, the e-mobility venture of the Kinetic Group, is looking to raise up to $100 million by selling 10-15% stake in the company to investors, said people in the know. The company...
Adani terminates pact to buy Macquarie Asia’s roads worth ₹3,110 cr
Adani Group company Adani Roads Transport Ltd (ARTL) terminated yet another proposed acquisition and said it will not be going ahead with the acquisition of four road assets worth ₹3,110 crore from Australian investor...
Constellation Energy to buy stake in Texas nuclear plant in $1.75 bln deal
Utility firm Constellation Energy Corp said it would acquire NRG Energy Inc’s stake in a nuclear plant in Texas in a deal valued at $1.75 billion. After the transaction, Constellation will be one of three owners...
Hungary looking for ‘friendly’ co-investor to acquire Budapest Airport
Hungary’s government is looking for a “friendly” co-investor to acquire Budapest Airport and to then also operate the airport, Economic Development Minister Marton Nagy said on Thursday. Nagy said the...
Brookfield, DigitalBridge in $5.5 billion-plus bidding war for Compass Datacenters
Brookfield Infrastructure Partners LP and DigitalBridge Group Inc are battling it out in the race to acquire Compass Datacenters LLC for more than $5.5 billion, including debt, according to people familiar with the...
Apollo, Bain, possible bidders for Fujitsu’s $2.7 billion stake in Shinko, Bloomberg reports
Fujitsu Ltd’s controlling stake in Shinko Electric Industries Co has attracted interests from Apollo Global Management Inc and Bain Capital as potential bidders, Bloomberg News reported on Wednesday. Dai Nippon...
IKEA stores owner Ingka buys warehouse software firm Made4Net
The largest owner of IKEA stores has acquired supply chain software firm Made4Net as the Swedish furniture retailer plans a major expansion in the United States and aims to grow its online sales. Ingka Group’s...
German family-owned Schmid Group aims for SPAC listing on NYSE
Germany’s Schmid Group said on Wednesday it plans to list in New York via a special purpose acquisition company (SPAC), in a deal estimated to give the technology firm a valuation of $640 million. The fifth...
Franklin Templeton to buy Putnam Investments from Great-West Lifeco for $925 million
Franklin Resources Inc, a global investment management firm that operates as Franklin Templeton, plans to acquire asset manager Putnam Investments from Great-West LifeCo Inc in a nearly $925 million deal. The deal...
Australia’s Silver Lake revises offer for St Barbara’s Leonora assets
Australia’s Silver Lake Resources Ltd revised its offer for St Barbara Ltd’s Leonora assets on Wednesday to address its concerns that the buyout financing is subject to due diligence. The implied value of...
Baring EQT set to buy HDFC’s education loan arm Credila for up to $1.5 billion
Baring Private Equity Asia (BPEA) EQT is set to acquire Credila Financial Services, the educational loan arm of Housing Development Finance Corp (HDFC), for $1.3-1.5 billion (Rs 10,000 crore-12,000 crore), trumping...
Teleperformance, PE firms look to acquire Everise Holdings
French digital business services provider Teleperformance SE and private equity firm Blackstone Group Inc. are planning separate bids for Everise Holdings, an IT services business owned by Brookfield Asset Management...
