At meeting held on 06 May 2025 The Board of Enviro Infra Engineers at its meeting held on 06 May 2025 has approved the acquisition of EIE Renewables. The proposed acquisition will enable the Company to tap the...
WeightWatchers Files Bankruptcy as GLP-1 Drugs Reshape Market
WeightWatchers, known for its diet programs once endorsed by celebrities including Oprah Winfrey, has filed for bankruptcy after struggling to compete with weight-loss drugs like Ozempic. The company — which rebranded...
I Squared, Enbridge and MPLX to acquire majority stake in Matterhorn natgas pipeline
Infrastructure investment firm I Squared, midstream company MPLX LP, and pipeline operator Enbridge Inc have entered an agreement to acquire up to 85% interest in the Matterhorn Express gas pipeline, the companies said...
Electric cab startup Evera begins absorbing BluSmart’s repossessed EVs; eyes Delhi airport dominance
Delhi-based all-electric taxi service company Evera has started onboarding electric vehicles (EVs) leased to it by the lenders of BluSmart, including non-banking finance companies and banks, which repossessed the...
Shoemaker Skechers to be acquired for $9 billion, taken pvt by 3G Capital
Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The board of Skechers unanimously approved the deal, the companies said Monday. The offer of $63 per share represents a...
Second time lucky? KKR looks to sell RE Sustainability again, likely to fetch up to $1.5 billion
American private equity (PE) giant KKR is planning to relaunch the sale of its waste management portfolio company after a delay of almost a year, three people with knowledge of the matter said. The PE firm is eyeing up...
Spain to hold public consultation over BBVA-Sabadell deal
The Spanish government will open a public consultation over the proposed acquisition of Banco Sabadell by its larger rival BBVA, Prime Minister Pedro Sanchez said on Monday. “The Spanish government will open...
Tech Mahindra to acquire 100% stake in Mahindra Racing UK for Rs 13.5 cr
Tech Mahindra on Friday said its wholly owned subsidiary, Tech Mahindra London Ltd (TMLL), has entered into a definitive agreement to acquire Mahindra Racing UK Ltd (MRUK) from Mahindra Overseas Investment Company...
Anduril to acquire Ireland’s Klas to bolster AI warfare systems
AI-powered defense startup Anduril Industries on Monday said it has entered into a definitive agreement to acquire Ireland-based tactical communications systems maker Klas. Anduril, along with software maker Palantir...
Buyout firm Apax favorite to win Finastra unit in $2 billion deal, sources say
Private equity firm Apax Partners has emerged as the frontrunner to buy Finastra’s treasury and capital markets (TCM) business for around $2 billion including debt, people familiar with the matter said on Friday...
Meiji, Lactalis, Saputo, Warburg may bid in Fonterra’s $2.4 billion sale, sources say
Companies including Japan’s Meiji, French group Lactalis and Canada’s Saputo are considering bidding for the units dairy giant Fonterra is seeking to divest, two sources with knowledge of the matter said...
After Pebble, Mensa looks to sell its Renee stake
Mensa Brands has sold its stake in wearables maker Pebble and is looking to exit Renee Cosmetics, as the brand aggregator looks to cash out of some of its recent investments. The company also plans to raise $100 million...
