Roomba vacuum cleaner maker iRobot said on Sunday that it had filed for bankruptcy protection, and would go private after being acquired by Picea, its primary manufacturer. The company, which raised concerns about...
ServiceNow in advanced talks to acquire cybersecurity startup Armis for upto $7 billion, says report
After Alphabet and Palo Alto Networks each acquired cybersecurity firms, tech company ServiceNow Inc., is in advanced talks to buy Armis, and Israeli military veterans-run cybersecurity startup for up to $7 billion...
Law firms Winston & Strawn, Taylor Wessing in talks to merge
U.S. law firm Winston & Strawn and the UK’s Taylor Wessing are in talks to merge, in what would be the latest large-scale transatlantic law firm combination. Winston & Strawn and Taylor Wessing UK...
Crypto giant Tether tests Agnelli family resolve with all cash bid for Juventus
The Agnelli family has no intention of selling Juventus to crypto group Tether or anyone else, sources close to the family’s holding company Exor said, after Tether bid for Italy’s most historically...
Honasa Consumer acquires personal care brand Reginald Men
Honasa Consumer, the parent company of beauty and personal care firm Mamaearth, has entered the men’s grooming segment with the acquisition of the brand Reginald Men. The Gurugram-based company initially acquired a 95%...
Jhunjhunwala family, Madhu Kela queue up to pick ICICI Prudential AMC stake ahead of IPO
A clutch of 26 marquee investors, including the likes of the billionaire Jhunjhunwala family, Madhusudhan Kela, Manish Chokhani, and Prashant Jain, have picked up a stake in ICICI Prudential Asset Management...
EU antitrust regulators erred in clearing Broadcom’s VMware deal, cloud industry lobby says
EU antitrust regulators failed to analyse properly the risks of Broadcom’s $69 billion acquisition of cloud computing firm VMware before clearing the deal, the Cloud Infrastructure Services Providers in Europe...
Leo Dryfruits & Spices Trading Limited enters into a Share Purchase Agreement to acquire 60% stake STK Food Processing Pvt. Ltd.
Leo Dryfruits & Spices Trading Limited (“Leo Dryfruits”) (BSE: 544329), a leading player in the premium dry fruits, spices, and namkeen segment, has entered into a Share Purchase Agreement to acquire a...
Rheinmetall CEO makes fresh pitch to buy part of KNDS NV, Bloomberg reports
Rheinmetall AG Chief Executive Officer Armin Papperger is making a fresh pitch to buy part of rival KNDS NV and create a European land defence company that would consolidate the continent’s fragmented market, Bloomberg...
First Brands financier Raistone nearing sale, FT reports
Trade finance company Raistone, a creditor of First Brands, is nearing a deal to sell itself to investment firm Marblegate Asset Management, the Financial Times reported on Wednesday, citing people familiar with the...
Brazil’s antitrust body approves Petz-Cobasi merger with restrictions
Brazil’s antitrust authority CADE’s administrative tribunal approved on Wednesday the merger of the country’s two largest pet product retailers, Petz and Cobasi. CADE approved the deal with...
KKR buys out Avendus’ Vohra at ₹11,500 cr valuation, paves the way for full sale
Global private equity firm KKR has bought out Ranu Vohra, the cofounder of Avendus Capital, clearing up the way for a deal to sell the financial services firm. The deal to buy out the 6% stake held by Vohra values the...
