Kedaara Capital, the homegrown private equity firm with about $5.5 billion in assets under management, along with other investors, is preparing to sell Universal NutriScience (UNS), one of India’s fast-growing...
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US beauty major Estee Lauder to acquire Ayurveda brand Forest Essentials
American beauty major, the Estée Lauder Companies, is set to acquire Forest Essentials. Estée Lauder said it has entered into an agreement to buy out the remaining 51 per cent stake in the Indian luxury Ayurveda brand...
Anduril to acquire space surveillance firm ExoAnalytic eyeing more Golden Dome capabilities
Anduril Industries on Wednesday said it has signed a definitive agreement to acquire ExoAnalytic Solutions, a national security company specializing in space sensing and awareness and missile defense. The purchase...
Canada’s Fairfax sells $1.9 billion stake in maritime business operator Poseidon
Canadian investment firm Fairfax Financial said on Tuesday it had agreed to a $1.91 billion sale of part of its stake in Poseidon Corp, the parent company of marine and energy asset owner Atlas Corp and shipping...
Italy’s MPS, Mediobanca to approve financial terms of full merger
The boards of Italy’s Banca Monte dei Paschi di Siena (MPS) and Mediobanca are due to approve on Tuesday the terms on which MPS will buy the 14% of the partner it doesn’t already own and merge with it...
EQT buys 42% of Kelda Holdings amid UK water sector scrutiny
EQT on Monday said it had agreed to buy a 42% stake in Yorkshire Water’s parent firm Kelda Holdings, one of the sector’s largest recent investments at a time when Britain’s privatised water companies are...
Trump sons-backed Aureus to merge with drone maker Powerus
Aureus Greenway, a golf club company backed by the sons of U.S. President Donald Trump, said on Monday it would merge with Powerus in a deal designed to take the drone technology company public. The transaction is the...
Brazil’s Ultrapar taps BTG for possible Ipiranga stake sale, Chevron interest reported
Brazilian conglomerate Ultrapar has tapped investment bank BTG Pactual to manage the potential sale of a stake in fuel distributor Ipiranga, two people familiar with the process told Reuters on Monday. Earlier in the...
Apollo to close acquisition of Atletico Madrid stake this week, says Expansion
U.S. fund Apollo’s sports investment arm Apollo Sports Capital will complete the acquisition of 55% of Spanish football club Atletico Madrid on March 12, Spanish newspaper Expansion said on Monday, citing...
KKR eyes multibillion-dollar sale of CoolIT Systems, FT reports
U.S. private equity firm KKR is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion, the Financial Times reported on Sunday, citing people...
Son of EssilorLuxottica founder nears deal to buy siblings’ Delfin stake, FT says
Leonardo Maria del Vecchio is nearing a deal to buy out two of his siblings from the family holding company Delfin, which controls EssilorLuxottica, the heir told the Financial Times in an interview published on...
Toyota’s Denso bids for chipmaker Rohm in potential $8.3 billion deal
Toyota supplier Denso has made a bid for chipmaker Rohm, a potential $8.3 billion deal that will expand the auto parts giant’s hold on power management chips used in electric vehicles and data centres. Denso, a...
