Persil-owner Henkel said on Wednesday it had agreed to buy speciality coatings company Stahl for 2.1 billion euros ($2.5 billion) from Stahl Group, which is majority owned by French private equity firm Wendel. The move...
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Supreme Court sets aside NCLAT order of CCI probe against Flipkart, sends back case for fresh adjudication
The Supreme Court on Tuesday set aside a 2020 order of the National Company Law Appellate Tribunal (NCLAT) directing the director general of the Competition Commission of India to probe alleged violations of competition...
ChrysCap buys into design & manufacturing co Nash
Homegrown private equity firm ChrysCapital said Tuesday it has bought a significant minority stake in Nash Industries, a Bengaluru-based design and manufacturing solutions provider. Financial details of the transaction...
IGI Acquires AGL, Expanding its Global Footprint in Colored Gemstone Certification
The International Gemological Institute (IGI), one of the world’s largest and most trusted independent diamond grading and certification organizations, today announced the acquisition of American Gemological...
Germany buys minority stake in grid operator TenneT for $3.9 billion
Germany has agreed to buy 25.1% of Dutch grid operator TenneT’s German division for 3.3 billion euros ($3.9 billion), it said on Tuesday, in a long-planned move to tighten Berlin’s control over critical...
Donerail offers to buy MarineMax in all-cash deal valued $1.1 billion
Activist investor Donerail Group said on Tuesday it had submitted a non-binding indicative proposal to acquire MarineMax at $35 per share, in an all-cash deal that would value the superyacht service company at $1.1...
Donerail offers to buy superyacht service company MarineMax in all-cash deal valued at roughly $1 billion, sources say
Donerail Group has offered to buy MarineMax for $35 per share in an all-cash deal that would value the superyacht service company at just over $1 billion, three sources familiar with the matter told Reuters. The offer...
ESAB to buy Canadian testing equipment maker Eddyfi for $1.45 billion
Welding gear maker ESAB Corp said on Monday it would acquire testing instrument manufacturer Eddyfi Technologies for $1.45 billion, aiming to broaden its product portfolio and gain exposure to booming markets such as...
KKR-led group set to buy Singapore data-centre firm valued at over $10 billion, WSJ reports
A KKR-led consortium is nearing a deal to buy ST Telemedia Global Data Centres, which would value the company at more than S$13 billion ($10.22 billion), the Wall Street Journal reported on Saturday, citing people...
Groww among bidders for Prudential’s India asset management firm
Prudential Financial’s India asset manager has received offers from at least two local bidders, according to people with knowledge of the matter. State Street Investment Management-backed Groww Asset Management...
GIC, Mubadala in talks to join KKR’s $10 billion deal to acquire STT GDC
GIC Pte and Mubadala Investment Co. are in talks to join KKR & Co. and Singapore Telecommunications Ltd. in their potential purchase of data center operator STT GDC Pte, people familiar with the matter said, in what...
Bain Capital finalises plans to acquire FineToday Holdings in $1.29 billion deal, Nikkei reports
Bain Capital has finalised plans to acquire FineToday Holdings, the Japanese personal-care company behind the Tsubaki shampoo brand, in a deal expected to be worth around 200 billion yen ($1.29 billion), Nikkei reported...
