Exor expects to rake in 2 billion euros ($2.32 billion) in proceeds this year from selling its stakes in four companies, the Agnelli family’s investment firm said on Monday. The firm has signed stake sale deals...
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American Residential Services explores $3.5 billion-plus sale, sources say
The private equity owner of American Residential Services (ARS) is exploring a sale of the heating, ventilation, and air conditioning (HVAC) and plumbing services provider that could value it at over $3.5 billion...
Apollo, Bain in bidding for Continental industrial unit, Bloomberg News reports
Private equity firms including Apollo Global Management and Bain Capital are weighing bids for tyremaker Continental’s industrial division in a deal that could value it at roughly 3.5 billion euros ($4.06...
Ecolab to acquire AI data center cooling tech firm for $5 billion
Water solutions company Ecolab said on Friday it has agreed to acquire CoolIT Systems, a liquid cooling technology provider for AI data centers, from KKR for $4.75 billion in cash. The global appetite for data...
Euro Pratik Sales acquires majority stake in Chawla Brothers
Euro Pratik Sales announced the acquisition of a 51% stake in Chawla Brothers, a well-established decorative surfaces business in North India. The acquisition, valued at Rs 33.2 crore (including capital infusion of Rs 4...
Italy’s Poste launches $12.5 bln cash-and-share bid to buy Telecom Italia
Italian majority-state-owned national postal service Poste Italiane said on Sunday it was launching a cash-and-share offer to buy former phone monopoly Telecom Italia (TIM) for 10.8 billion euros ($12.5 billion)...
Nazara Technologies to acquire 50% stake in Spain-based Bluetile, BestPlay for $100 million
Gaming and technology firm Nazara Technologies on Wednesday said it will acquire a 50% controlling stake in Spain-based gaming studio Bluetile Games and its in-house engagement platform BestPlay Systems for $100.3...
Sumeet Industries successfully bids for acquisition of Phase-3: Chips Manufacturing Plant of Nakoda
Sumeet Industries has been declared as the Successful Bidder (H1 Bidder) for the acquisition of assets at Phase-3: Chips Manufacturing Plant of Nakoda under the Corporate Insolvency Resolution Process. The Board of...
Bridgepoint preparing over $1 billion offer for UK’s Spire, Sky News reports
Buyout firm Bridgepoint is drawing up proposals for a formal offer worth more than 1 billion pounds ($1.34 billion) for British private hospital operator, Spire Healthcare, Sky News reported on Thursday. The 230...
German semiconductor group Elmos exploring a sale, sources say
Germany’s Elmos Semiconductor is exploring a sale as its founders consider exiting the business, according to three people familiar with the matter. Elmos, which has a market value of around 2.3 billion euros...
CK Hutchison says still in talks over ports assets sale
CK Hutchison said on Thursday it remained in talks with a consortium to sell the majority of its ports business, a deal that has been overshadowed by a legal fight with the Panamanian authorities, as it posted a 7%...
OpenAI to buy Python toolmaker Astral to take on Anthropic
OpenAI said on Thursday it will acquire Python toolmaker Astral, as the ChatGPT owner looks to strengthen its portfolio against rival Anthropic and gain more share in the artificial intelligence coding tools market...
