Brinks Co on Thursday said it will acquire NCR Atleos in a cash-and-stock deal valued at about $6.6 billion including debt, sending the cash management and logistics provider’s shares down 6% in after-hours...
France’s Engie to buy UK power grid from Hong Kong conglomerate for $14 billion
French utility Engie will buy electricity distributor UK Power Networks for 10.5 billion pounds ($14.2 billion) in a bid to expand its power business, the company said on Wednesday as it reported flat full-year earnings...
LG Energy selling its 7.5% stake in lithium firm Liontown, term sheet shows
South Korea’s LG Energy Solution is selling its 7.5% stake, or shares worth at least A$419 million ($297.99 million), in Australian lithium producer Liontown in a block trade, according to a term sheet. The South...
Wondrlab in talks to acquire Madison World from Sam Balsara in Rs 1,000 crore deal
Marketing and digital network Wondrlab is in the final stages of acquiring homegrown advertising major Madison World from founder Sam Balsara for about ₹1,000 crore ($120 million), according to two people familiar with...
Graphics platform Canva acquires video ad startup Mango AI and animation company Cavalry
Canva, a graphic design and visual communication platform, on Tuesday announced the acquisition of UK-based 2D animation software company Cavalry and American video ad startup MangoAI, as it steps up its push into AI...
Deepinder Goyal’s LAT Aerospace acquires robotics startup Sharang Shakti
LAT Aerospace, cofounded by Deepinder Goyal and former Zomato COO Surobhi Das, has acquired Gurugram-based defence robotics startup Sharang Shakti. In a post on X, Goyal said that the acquisition is LAT...
Activist Irenic builds stake in Ralliant, pushes for cost cuts
Irenic Capital Management has built a sizable stake in Ralliant and wants the precision technology maker to cut costs, buy back more stock at a faster pace and focus more on its defense and electronics business, two...
Einride spins off design organisation
Swedish self-driving truck startup Einride said on Tuesday it had spun off its design business and sold a majority stake in the new company to Navisalma Design. “Einride will retain a minority ownership stake in...
Strata Geosystems Acquires India-Based Venus Interlinings to Strengthen Geotextiles Presence
Strata Geosystems today announced the strategic acquisition of Venus Interlinings, a leading India-based manufacturer of advanced non-woven geotextiles and technical textiles. – Expands Manufacturing Footprint...
Johnson Matthey accepts 26% price cut on Honeywell deal as catalyst unit underperforms
Johnson Matthey on Monday agreed to cut the sale price of its catalyst technologies business to Honeywell by 26% as the unit’s profitability weakened, sending its shares down over 17%. The British chemicals...
Canada’s Cando Rail & Terminals to buy US rail assets of Savage Enterprises
Canadian railroad contractor Cando Rail & Terminals will buy the U.S. rail assets of Savage Enterprises as it expands its footprint across the U.S., Cando announced on Monday. Financial terms were not disclosed. The...
Keurig Dr Pepper secures additional $1.5 billion funding for JDE Peet’s buyout
Keurig Dr Pepper said on Monday it had raised an additional $1.5 billion of equity funding from long-term investors as part of its financing plan for the roughly $18 billion acquisition of Dutch coffee giant JDE...
