Global private equity majors EQT Partners, PAG, Blackstone and CVC are among suitors in talks to acquire a controlling stake in software services firm ValueLabs from the promoters, according to three people with...
Permira, Carlyle, L Catterton, others eye 30% stake in iD Fresh at ₹4,500-cr valuation
iD Fresh, which makes ready-to-cook packaged food items, is in talks to sell about 30% stake in the company for around ₹1,200 crore to global private equity funds, including Permira, Apax, L Catterton and Carlyle...
Mexico’s ASUR buys Motiva’s Latin American airports in $2.2 billion deal
Mexico’s Grupo Aeroportuario del Sureste (ASUR) signed a contract to buy the airport portfolio of Brazilian infrastructure operator Motiva for 11.5 billion reais ($2.16 billion), including net debt, Motiva said on...
US states can intervene to challenge HPE’s $14 billion Juniper acquisition
A group of U.S. states can intervene in a case over Hewlett-Packard Enterprise’s $14 billion acquisition of Juniper Networks, which the U.S. Department of Justice has proposed to settle and let the deal move...
Topgolf Callaway sells majority stake in unit at $1.1 billion valuation
Golf-equipment maker Topgolf Callaway Brands agreed to sell a majority stake in its Topgolf unit to private equity firm Leonard Green on Tuesday, valuing the business at $1.1 billion and marking an end to the...
Stake sale or merger: Grant Thornton is said to study options for $2 billion India unit
Grant Thornton International Ltd. is considering options for its Indian unit, including a possible minority stake sale or a merger with its operations in the US or Europe, according to a senior executive in India. “We...
Goldman Sachs in exclusive talks for Burger King Japan acquisition
Hong Kong-based investment fund Affinity Equity Partners has given Goldman Sachs exclusive rights to negotiate the sale of Burger King’s operations in Japan, according to a report by Nikkei Asia on Monday. The potential...
Euro Pratik Sales acquires majority stake in URO Veneer World
Euro Pratik Sales announced the acquisition of 51% stake in URO Veneer World for a valuation of Rs 76.50 crore including capital infusion of Rs 10.20 crore in the firm. This acquisition marks the Company’s entry...
Nuvoco to acquire Algebra Endeavour (holding company of Vadraj Energy (Gujarat))
Nuvoco Vistas Corporation has today signed and executed Securities Purchase Agreement for acquisition of 100% of securities of Algebra Endeavour (the holding company of Vadraj Energy (Gujarat)) with JSW Cement, Alpha...
Buyout firm Thoma Bravo has offered to buy Clearwater Analytics, sources say
Private equity firm Thoma Bravo has made an offer to acquire Clearwater Analytics, people familiar with the matter said on Monday, as the race to buy out the software provider to investment firms gathers pace. THE...
L’Oréal buys second Chinese skincare stake as C-Beauty brands snare market share
Cosmetics giant L’Oreal said on Monday it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its second investment in recent months in China, where local brands have grown rapidly...
Law firms Ashurst, Perkins Coie agree merger to create global top-20 outfit
London-headquartered law firm Ashurst and U.S.-based Perkins Coie on Monday announced they have agreed a merger which would create a combined firm of 3,000 lawyers with $2.7 billion in revenue, putting it in the top 20...
