Reliance Consumer Products Limited (RCPL) has acquired Velvette, the personal care brand known for introducing sachet packaging. This acquisition, which grants RCPL the perpetual license of Velvette, supports Reliance’s...
Nokia set to gain EU approval for $2.3 billion Infinera acquisition: Report
Nokia is set to secure unconditional EU antitrust clearance for its $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera, people with direct knowledge of the matter said on...
Bain Capital ends acquisition battle with KKR for Fuji Soft
U.S. private equity firm Bain Capital said on Monday it will not launch a tender offer for Fuji Soft, formally ending a takeover battle with rival KKR for the Japanese IT company. Bain had said last week it might...
Australia’s Perpetual gets new offer from KKR for its wealth, trust units
Australia’s Perpetual confirmed on Monday it received a revised proposal for its wealth management and corporate trust businesses from buyout firm KKR & Co, but said the offer includes commercial terms that...
CD&R exploring stake sale in UK’s Motor Fuel Group, Sky News reports
U.S. private equity firm Clayton Dubilier & Rice (CD&R) is exploring the sale of a stake in UK’s Motor Fuel Group (MFG) at a valuation of about 7 billion pounds ($8.8 billion), Sky News reported on...
Diamondback in talks to buy Double Eagle for more than $5 billion, source says
Diamondback Energy is in talks to buy EnCap-backed Double Eagle, a big West Texas energy producer, for more than $5 billion, a person familiar with the matter said on Friday. Last year, Reuters reported that Double...
Vale in advanced talks to sell Brazil renewable assets to GIP, sources say
Brazilian mining giant Vale is in advanced talks to sell a majority stake in a renewable energy unit and a solar plant to U.S.-based investment firm Global Infrastructure Partners (GIP), two people familiar with the...
Steven Madden to buy UK-based luxury shoe brand Kurt Geiger in $360 million deal
Shoe designer Steven Madden said on Thursday it would buy UK-based luxury brand Kurt Geiger in an all-cash deal valued at 289 million pounds ($360.09 million), expanding its presence in international markets. The New...
AsiaPak Investments, Montage Oil bid for 75% of Lotte Chemical Pakistan
AsiaPak Investments, a private investment firm with operational assets in Pakistan and Hong Kong, and Middle Eastern oil and gas company Montage Oil have bid for a 75.01% stake in Lotte Chemical Pakistan, per a notice...
Foxconn says it is open to buying a stake in Nissan
Taiwan’s Foxconn would consider taking a stake in Nissan for cooperation, its chairman said, as the Japanese automaker’s future hangs in the balance after stepping back from merger talks with Honda...
Tata Mutual Fund approves merger of quant fund and flexi cap fund
Tata Mutual Fund has approved the merger of Tata Quant Fund and Tata Flexi Cap Fund with the quant fund being referred to as the transferor scheme and flexi cap fund referred to as the surviving scheme. The record date...
AGI Greenpac seeks review of SC order quashing acquisition of bankrupt HNGIL
Sanitary ware and glass container maker AGI Greenpac has sought a review of the Supreme Court’s January ruling that quashed the approval of AGI’s resolution plan for the bankrupt Hindusthan National Glass &...
