The acquisition of Elior India, a subsidiary of the Paris-listed catering and related services company Elior Group, by a British multinational contract foodservice company Compass Group, has been stalled due to an...
Blackstone looks to sell $1 billion stake in IBS Software
Blackstone Inc. is in talks with multiple private equity funds to sell a significant minority stake in IBS Software after its plans for a foreign listing failed to materialize, two people familiar with the development...
Sheela Foam looks to buy furniture rental Furlenco
Sheela Foam Ltd is in advanced talks to acquire furniture rental startup Furlenco, said three people with knowledge of the development, as the maker of the Sleepwell brand of mattresses looks to expand into newer...
KfW in advanced talks to take stake in EnBW’s power grid -sources
German state lender KfW is in advanced talks to take a minority stake in the high-voltage power grid owned by EnBW, three people familiar with the matter said, in a sign that Berlin is tightening its grip on energy...
TP ICAP terminates talks to sell data unit – Sky News
TP ICAP, the world’s largest inter-dealer broker, terminated talks to sell its data division Parameta for about 1.5 billion pounds ($1.81 billion), a report from Sky News said on Wednesday. The company, which had...
Canada’s Hut 8 Mining to merge with US Bitcoin to weather crypto downturn
Canada’s Hut 8 Mining Corp will merge with rival US Bitcoin Corp to create a crypto mining giant in North America, consolidating after a steep fall in valuations for the crypto sector that saw high-profile...
Micro-savings platform Siply acquires myPaisaa for $7.5 million
Tech-enabled micro-savings platform Siply has acquired digital chit-fund entity myPaisaa for $7.5 million. The acquisition is expected to help Siply enhance its existing offerings through myPaisaa’s chit-fund...
Workforce management startup BetterPlace acquires Indonesia’s MyRobin
Workforce management software provider BetterPlace said on Monday it has acquired Indonesia-based blue-collar workforce fulfillment platform MyRobin, in its first expansion abroad. While the companies declined to share...
Australia’s Recharge to buy failed EV battery startup Britishvolt
Australia’s Recharge Industries was selected as the preferred bidder to buy Britishvolt, the collapsed UK startup which had struggled to fund a major electric vehicle battery factory in northern England. The deal...
Meta wins court battle to acquire VR company Within
In a relief for Meta, a US court has allowed the company to go ahead with its acquisition of VR company called Within, despite an ongoing antitrust case against the tech giant by the US Federal Trade Commission (FTC)...
Public Storage makes $11 billion hostile bid for Life Storage
Public Storage, the largest U.S. operator of self-storage properties, on Sunday unveiled an $11 billion hostile bid for Life Storage Inc, ratcheting up attempts to buy its smaller rival after its earlier takeover...
Mahindra Electric Mobility merges with parent Mahindra & Mahindra
Mahindra and Mahindra said its electric vehicle unit has merged with it. Mahindra Electric Mobility Ltd (MEML) is now officially merged into the parent company, Mahindra and Mahindra Ltd (M&M), the auto major said...
