Chinese private equity firm Boyu Capital has emerged as the frontrunner to buy a controlling stake in Starbucks China business in a deal that could value the unit at more than $4 billion, Bloomberg News said on Tuesday...
Italy’s Leonardo to sell 9.4% Avio stake to participate in capital hike
Italy’s aerospace and defence group Leonardo said on Tuesday it was selling a 9.4% stake in rocket maker Avio through an accelerated bookbuilding to institutional investors. Leonardo, which will maintain a 19%...
Megasoft hits the roof after inking deal to acquire UK-based Nasmyth Group for GBP 17.80 million
Megasoft was locked in 5% upper circuit at Rs 194.80 after the company said that its wholly owned subsidiary Sigma Advanced Systems UK has signed a share purchase agreement for acquisition of 100% stake in Nasmyth...
ChipSync Acquires U.S.-Based Mobimark Labs to Strengthen Leadership in Automotive Audio Quality Certifications
ChipSync, a leading innovator in Connected Car Technology and advanced automotive solutions, has announced the acquisition of Meridian America LLC (a.k.a Mobimark Labs), a specialized automotive audio quality testing...
Sweden’s EQT bids to buy Australia’s AUB Group at a $3.41 billion valuation
Australia’s AUB Group said on Tuesday it had granted Swedish private equity EQT exclusive access to its books after receiving a takeover offer which values the insurance broking company at A$5.25 billion ($3.41...
Germany’s SAP mulls new bid for software firm BlackLine, sources say
SAP, Europe’s largest software provider, offered to buy accounting software firm BlackLine for nearly $4.5 billion in June but was rebuffed and is now considering whether to pursue the company again, according to...
Australia’s Domino’s Pizza denies report of Bain Capital takeover bid
Domino’s Pizza Enterprises on Tuesday denied receiving a takeover proposal from Bain Capital after a report said the private equity firm was looking at buying the whole or part of the Australian franchise operator...
Albemarle to divest Ketjen control, Eurecat stake in deals worth $660 million
Albemarle said on Monday it will sell a 51% stake in its refining catalyst solutions business, Ketjen, to private equity firm KPS Capital Partners, and divest its 50% interest in the Eurecat joint venture to...
SoftBank approves remaining $22.5 billion of OpenAI investment, the Information reports
SoftBank has approved a second installment of $22.5 billion to complete its $30 billion investment in OpenAI, tech news website the Information reported on Saturday. The Japanese investment group’s board has...
Brazil’s 2025 M&A deals set to remain below 2021 record, PwC report shows
The volume of merger and acquisition (M&A) deals in Brazil this year is set to remain below the record levels seen during the COVID-19 pandemic, data released by consultancy group PwC showed on Friday. WHY...
Why are India’s top conglomerates racing to take over bankrupt Jaiprakash Associates?
Last week the Competition Commission of India (CCI) approved mining major Vedanta’s ₹17,000-crore bid for Jaiprakash Associates Ltd (JAL), the bankrupt flagship entity of Noida’s Jaypee Group. In doing so, it set the...
Plymouth Industrial to be taken private by Makarora, Ares for $2.1 billion
Plymouth Industrial REIT said on Friday it would be taken private by Makarora Management and Ares Management, in a deal worth about $2.1 billion including debt, after it had received a buyout offer from Sixth Street...
