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...
IGP, Interflora parent raises ₹187 cr from Motilal Oswal Alternate Investment
Join Ventures Private Limited, the company behind gifting platform IGP.com, Interflora India, and a to-be-launched food company Masqa, has raised $23.5 million ( ₹187 crore) in a Series-B round, led by MO Alternate...
Binance and FTX make top bids for bankrupt lender Voyager
Crypto exchanges FTX and Binance have made the leading bids for the assets of bankrupt crypto-lender Voyager Digital Ltd., according to people familiar with the matter, but neither bid has been accepted yet. The current...
Alternative asset specialist Beneficient to go public in $3.5 bln SPAC deal
Financial services firm The Beneficient Co Group, L.P. has agreed to go public through a merger with a blank-check vehicle in a deal valuing it at about $3.5 billion, the companies said on Tuesday. Beneficient provides...
Crompton Greaves climbs 7% after company approves stake sale in subsidiary Butterfly Gandhimathi
Shares of electrical equipment manufacturer Crompton Greaves rallied nearly 7 per cent on Tuesday after the company approved the sale of a six per cent stake in its subsidiary Butterfly Gandhimathi Appliances via an...
