Investment platform Linqto has agreed to go public through a merger with special purpose acquisition company (SPAC) Blockchain Coinvestors Acquisition in a deal valued at $700 million, the companies said on Tuesday. San...
Tradeweb to buy investment tech firm ICD for $785 mln
Rates and credit trading platform Tradeweb Markets will buy investment technology firm Institutional Cash Distributors (ICD) for $785 million, it said on Monday, as it seeks to boost its appeal to corporate treasury...
Israeli insurance software maker Sapiens explores sale, sources say
Sapiens International, an Israel-headquartered insurance software firm with a market value of nearly $2 billion, is exploring options that include a potential sale, according to people familiar with the matter. Sapiens...
Zetwerk bets big on defence, investing Rs 350 crore, to acquire European company
Contract manufacturing startup Zetwerk is betting big on the defence market and is looking to invest up to Rs 350 crore in the next few years to acquire foreign companies involved in manufacturing components for...
Rentokil PCI to Set New Standards in the Pest Control Industry with the Acquisition of HiCare
Rentokil PCI, India’s leading pest control service provider acclaimed for its expertise in pest control, has acquired HiCare Services Pvt. Ltd., a hygiene and pest management company via a share purchase deal...
Italy’s Azimut to sell full stake in investment group Kennedy Lewis for $225 mln
Azimut will sell all of its stake in private credit fund Kennedy Lewis to Goldman Sachs’ private equity unit Petershill Partners, the Italian asset manager said on Wednesday. Under the deal, Azimut will sell its...
Clariant completes $810 mln acquisition of Lucas Meyer Cosmetics
Clariant completed the $810 million acquisition of Canada’s ingredients and cosmetics maker Lucas Meyer Cosmetics from International Flavors & Fragrances, the Swiss specialty chemicals firm said on Wednesday.
Ashish Kacholia picks up 17% stake in largest homegrown burger chain Jumboking
Ace investor Ashish Kacholia has picked up a 17.2% stake in homegrown burger chain Jumboking for an undisclosed amount, becoming its second-biggest shareholder. The investment was through a secondary market transaction...
Private equity firm CD&R to buy IT company Presidio from BC Partners
U.S. private equity firm Clayton Dubilier & Rice (CD&R) said on Tuesday it had agreed to acquire a majority ownership position in information technology provider Presidio from UK-based BC Partners. CD&R said...
Private equity firm EQT agrees to buy software maker Avetta from Welsh Carson
Private equity firm EQT said on Tuesday it has agreed to buy compliance software maker Avetta from Welsh, Carson, Anderson & Stowe (WCAS). Reuters reported on Monday citing sources that EQT had prevailed in a sale...
Austria’s RHI Magnesita to buy US-based alumina producer Resco
Vienna-based fireproof materials maker RHI Magnesita plans to buy Resco Group, a U.S.-based producer of alumina and refractories for an enterprise value of up to $430 million, the companies said. RHI Magnesita said in a...
US-based F1 owner Liberty Media announces MotoGP takeover
Formula One’s U.S.-based owner Liberty Media announced a takeover of MotoGP’s parent company Dorna on Monday, valuing the world’s leading motorcycle racing championship at 4.2 billion euros ($4.53...