Domino’s Pizza, Dunkin’ Donuts, and Popeyes franchiser, Jubilant Foodworks completed the acquisition of a 29.42% stake in Roadcast Tech Solutions on Monday. In July, the food service company signed a share...
Santos gets $1.1 bln offer for 5% stake in PNG LNG from state-owned Kumul
Santos Ltd has received a $1.1 billion binding offer from Papua New Guinea’s state-owned Kumul Petroleum for a 5% stake in PNG liquefied natural gas (PNG LNG) project, the country’s biggest resources project...
LXi REIT scraps deal to buy Sainsbury’s stores
Property investor LXi REIT said it is pulling out from a deal to buy Sainsbury’s stores in southern England after suspending equity funding, citing stock market volatility. LXi had last Wednesday said it was in...
LDC in agreement to buy Longriver Farms’s Emerald Grain
The Asian branch of global crop merchant Louis Dreyfus Company (LDC) said on Monday it had entered into an agreement with Longriver Farms for the acquisition of Australian grain handler Emerald Grain. The agreement is...
European lottery group Allwyn and SPAC call off deal
European lottery group Allwyn Entertainment and the blank-check company that would have seen its shares list in New York said on Friday they decided to cancel their deal, citing volatile market conditions. Allwyn struck...
European lottery group Allwyn calls off SPAC deal to list on NYSE
European lottery group Allwyn Entertainment said on Friday it has called off its deal with a blank-check company that would have seen its shares list in New York, citing volatile market conditions. Allwyn struck a...
Link Administration’s proposed $1.6 bln buyout by Canada’s D&D falls through
Link Administration’s A$2.47 billion ($1.63 billion) proposed deal to be acquired by Canada’s Dye & Durham (D&D) fell through on Friday, after a local court denied approving the offer citing failure...
Good Glamm scraps plan to buy Raymond’s consumer biz
Good Glamm Group, the direct-to-consumer beauty and personal care conglomerate, has abandoned plans to acquire Raymond’s consumer care business due to a valuation mismatch, said a person with knowledge of the matter...
Light Microfinance raises ₹196 crore in Series B funding round
Light Microfinance has raised ₹196 crore in a Series B funding round, the company said in a statement on Thursday. The funding was led by British International Investment (BII), UK’s Development Finance Institution...
Cano Health exploring sale after receiving buyout interest
U.S. primary care provider Cano Health is exploring a sale and working with advisors after receiving acquisition interest, according to people familiar with the matter. Cano Health has received buyout interest from...
Aveva investor plans to reject Schneider takeover offer – FT
Canada-based Mawer Investment management, a top investor in Aveva PLC, plans to reject Schneider Electric’s 9.5 billion pounds ($10.66 billion) takeover offer, the Financial Times reported on Friday...
Reliance Brands in advanced talks to acquire Sephora’s India rights
Reliance Brands is in advance stage of talks to take over the India rights for premium makeup and beauty retail chain Sephora, from Arvind Fashions, according to two persons in the know. The Mukesh Ambani-led retail...
