Intel is in talks to acquire artificial intelligence processor maker SambaNova, which has been working with bankers to gauge interest from potential suitors, Bloomberg News reported on Thursday, citing people familiar...
US Treasury’s Bessent says China has approved TikTok transfer deal
China has approved the transfer agreement for the short video app TikTok, U.S. Treasury Secretary Scott Bessent said on Thursday, adding that he expects it to move forward in coming weeks and months but giving no other...
AIG, Onex partner to buy specialty insurer Convex in $7 billion deal
Canadian asset manager Onex said on Thursday it has teamed up with U.S.-based insurer AIG to buy privately held specialty insurer Convex Group in a $7 billion deal. Dealmaking has made a sharp comeback as corporate...
Goldman Sachs, Morgan Stanley buy Aditya Birla Capital stake in Rs 819 crore block deal
Aditya Birla Capital witnessed a major block deal worth Rs 819 crore on Tuesday as Advent International’s arm Jomei Investments sold 2.66 crore shares of the financial services arm of the Aditya Birla Group at Rs...
Thermo Fisher to buy clinical services provider Clario for up to $9.4 billion
Thermo Fisher said on Wednesday it would buy privately held data management company Clario for up to $9.4 billion, strengthening its clinical trial research business amid a strong rebound in demand in the U.S. The deal...
Italy’s Bending Spoons to acquire AOL, secures $2.8 bln in debt financing
Italian tech company Bending Spoons said on Wednesday it will acquire AOL from Yahoo, which is backed by Apollo Global Management, adding a storied internet brand to its growing portfolio of digital businesses. Bending...
Boyd Group to acquire Joe Hudson’s Collision Center for $1.3 billion
Canada’s Boyd Group said on Wednesday it has agreed to acquire autobody repair solutions provider Joe Hudson’s Collision Center, or JHCC, from TSG Consumer Partners for $1.3 billion. Boyd, which runs...
Jash Engineering’s subsidiary to acquire Penstocks (UK)
Waterfront fluid controls Limited UK, a subsidiary of Jash Engineering has entered into an agreement / LOI to acquire Penstocks (UK), Leicestershire, UK. This is subject to due diligence which is expected to be...
Spice Lounge Food Works announces strategic expansion with acquisition of Rightfest
The board of Spice Lounge Food Works has approved the acquisition of 100% of the shareholding of Rightfest Hospitality LLP (Rightfest), marking a strategic expansion in India’s rapidly evolving casual dining...
NCLAT rejects Glas Trust’s plea opposing Aakash’s EGM
The National Company Law Appellate Tribunal (NCLAT) on Tuesday rejected a plea by US-based Glas Trust challenging Aakash Educational Services Ltd’s 29 October extraordinary general meeting (EGM) to approve a rights...
Cygnet Energy to acquire Kiwetinohk in $1 billion deal
Privately held Cygnet Energy will acquire Kiwetinohk Energy in an all-cash deal valued at C$1.4 billion ($998.29 million), including debt, the companies said on Tuesday, creating a larger Montney and Duvernay operator...
US firm Long Path to buy UK’s Idox for $438 million
U.S. investment firm Long Path agreed to take British software provider Idox private in a 339.5 million pound ($438 million) deal on Tuesday, offering shareholders 71.5 pence per share in cash. The offer for the maker...
