Macquarie Capital has bought a controlling more than 51% stake in Mumbai-based network-as-a-service provider CloudExtel for about $100 million (about ₹821 crore), making it the first such deal in the active telecom...
Canada’s Absolute Software to be bought by Crosspoint Capital for $657 mln
Canada’s Absolute Software said it had agreed to be taken private by Crosspoint Capital Partners for $657 million, extending a recent trend of private equity firms snapping up cybersecurity providers. Shareholders...
H2B2 Electrolysis Technologies to go public in $750 mln SPAC deal
Renewable fuel services firm H2B2 Electrolysis Technologies Inc will go public in a $750 million merger deal with blank-check firm RMG Acquisition Corp III, the companies said on Thursday. H2B2, which operates in...
Grupo Mexico nearing $7 bln deal for Citi’s Banamex unit -source
Conglomerate Grupo Mexico is set to buy Citigroup Inc’s retail banking operations in Mexico for about $7 billion in a deal that could be announced as early as this week, according to a person familiar with the...
Eneos considers possible IPO for JX Nippon Mining & Metals -Nikkei
Japanese energy giant Eneos Holdings Inc is considering spinning off subsidiary JX Nippon Mining & Metals, with a possible option of listing its shares, the Nikkei newspaper reported. Eneos will include the spin-off...
HK’s Gaw Capital in advanced talks to buy Atria stake
Hong Kong’s Gaw Capital Partners is in talks with Atria Power Corp. Pvt. Ltd to acquire a majority stake in the Bengaluru-based firm for an estimated equity value of $250 million, two people familiar with the...
Spain’s Iberdrola denies plan to acquire RWE
Spanish power company Iberdrola denied that it was looking into acquiring Germany’s biggest utility, RWE, in a deal worth 31 billion euros ($34.12 billion) as earlier reported by local media. Citing sources...
KKR, Macquarie eyeing Singapore’s waste management firm SembWaste – sources
U.S. private equity group KKR & Co Inc and Australia’s Macquarie Asset Management are among potential bidders for the waste and recycling management arm of Singapore’s energy group Sembcorp in a deal...
Japan’s Daiwa to pick up 15% stake in Ambit
Japanese financial services firm Daiwa Securities Group Inc is picking up a little over 15% stake in Ashok Wadhwa-led Ambit Pvt Ltd, which has business interests in investment banking, equities, asset and wealth...
Qualcomm to acquire Israeli auto-chip maker Autotalks
Qualcomm Inc said that it would acquire Israel’s Autotalks Ltd, a maker of chips used in crash-prevention technology in vehicles, as the U.S. firm looks to expand its automotive-related business. The company did...
Japan’s Hamamatsu Photonics says Denmark denies approval for NKT Photonics acquisition
Japan’s Hamamatsu Photonics KK said that Danish authorities had rejected a European subsidiary’s application to acquire Copenhagen-based fibre laser manufacturer NKT Photonics A/S from NKT A/S. Hamamatsu...
FTX gets approval for LedgerX sale, asserts $3.9 bln Genesis claim
Bankrupt crypto exchange FTX received U.S. bankruptcy court permission to sell its LedgerX business for $50 million, raising additional funds to repay creditors. At a hearing in Wilmington, Delaware, U.S. Bankruptcy...
