FTX has reached an agreement to sell its crypto derivatives platform LedgerX LLC to an affiliate of Miami International Holdings Inc for $50 million, the bankrupt crypto exchange said on Tuesday. FTX will seek U.S...
France’s Primonial explores piecemeal sale of distribution, property units – sources
French money manager Primonial said on Monday that it is weighing a piecemeal sale of its distribution and property investment operations, after a deal to find a buyer fell apart last year. A spokesperson for Primonial...
Silver Lake to buy Germany’s Software AG in $2.42 billion deal
Private equity firm Silver Lake has offered to buy Software AG in a deal that values the German business software developer at 2.2 billion euros ($2.42 billion). The offer price of 30 euros per share in cash by Silver...
CCI gives nod to Blackstone-Emerson Electric Co acquisition deal
The Competition Commission of India (CCI) said it has granted its approval for the stake acquisition in the climate technologies business of Emerson Electric Co by BCP Emerald Aggregator LP. BCP Emerald Aggregator LP is...
Silver Lake to buy Germany’s Software AG in $2.42 bln deal
Private-equity firm Silver Lake has offered to buy Software AG in a deal that values the German business software developer at 2.2 billion euros ($2.42 billion). The offer price of 30 euros per share in cash by Silver...
Excelra Acquires BISC Global, Creates an International Bioinformatics Powerhouse
Excelra, a leading life science data and digital solutions provider, has acquired BISC Global, a bioinformatics and data analytics consulting company with offices across Europe and the USA. The acquisition creates an...
Trend Micro Acquires Anlyz to Expand its Cybersecurity Services
Cybersecurity has become one of the top priorities worldwide as the number and complexity of cyber threats continue to increase. In recent years, India has also emerged as a high-risk area for cyber-attacks due to its...
TPG, AmerisourceBergen to buy OneOncology in $2.1 bln deal
AmerisourceBergen Corp and private equity firm TPG Inc will buy OneOncology from General Atlantic in a deal valued at $2.1 billion, the companies said on Thursday. The deal will allow AmerisourceBergen to diversify...
UK regulator probes Amazon’s planned purchase of iRobot
Britain’s competition regulator said on Tuesday it has launched a “Phase 1” probe into Amazon.com Inc’s planned $1.7 billion acquisition of iRobot Corp, which makes the Roomba vacuum cleaner. The...
Coca-Cola acquires 15% stake in food-tech platform Thrive
Beverage major Coca-Cola India has acquired a 15% stake in Hashtag Loyalty that operates Thrive—a food-tech company that offers online ordering system for restaurants. Hashtag has raised the capital at a pre-money...
Network International mulls $2.56 bln takeover bid from private equity firms
Payments provider Network International said it had received a takeover proposal from a consortium of private equity firms CVC Capital and Francisco Partners, valuing it at about 2.1 billion pounds ($2.56 billion)...
Madison Square Garden sells stake in hospitality unit Tao Group for $300 mln
Madison Square Garden Entertainment Corp agreed to sell its stake in Tao Group Hospitality to realty-focused investment firm Mohari Hospitality in a deal that values the high-end restaurant business at $550 million. MSG...
