Singapore’s CapitaLand Integrated Commercial Trust said on Tuesday that it would buy the remaining 55% stake in CapitaSpring from CapitaLand Development and Mitsubishi Estate on an agreed property value of S$1.05...
Amphenol to buy CommScope unit in $10.5 billion broadband connectivity deal
Amphenol on Monday entered a $10.5 billion deal to buy CommScope’s connectivity and cable solutions unit, the largest purchase by the fibre-optic cable maker that would make it a key player in the market for U.S...
Eric and Trump Jr-backed manufacturing SPAC files for $300 million US IPO
New America Acquisition I Corp, a blank-check firm backed by Eric Trump and Donald Trump Jr., filed on Monday for an initial public offering of up to $300 million in the United States. The move is the latest in a series...
Owner of Price Chopper and Tops Friendly Markets explores sale, sources say
Northeast Grocery, Inc., the parent company of Price Chopper and Tops Friendly Markets, is exploring a sale, according to three people familiar with the matter. The company is working with investment bank UBS on the...
Genstar explores $5 billion sale of automotive software maker OEConnection, sources say
Genstar Capital is exploring a sale of OEConnection, which it aims to value the automotive software provider also backed by Ford and General Motors at as much as $5 billion, including debt, people familiar with the...
Kothari Industrial Corporation acquires Zodiz, Jeetlo to strengthen mass footwear presence
KICL, the flagship company of the diversified D C Kothari Group, acquired footwear brands Zodiz and Jeetlo for an undisclosed sum, further expanding its presence in the mass-market footwear segment, an official said...
IFL Enterprises board approves 12% stake purchase by Uniqube Global
Agri commodity exporter IFL Enterprises on Friday said its board has approved a proposal from Singapore-based UNIQUBE Global Managed Services to acquire a 12% stake in the company. “The board in its meeting held...
Bajaj Indef Acquires 80% Stake in Daedalus to Strengthen ‘Make in India’ Leadership
Bajaj Indef, a trusted leader in the material handling solutions space, has announced the acquisition of an 80% equity stake in Daedalus Lift & Access Equipments Pvt. Ltd., a pioneering manufacturer of Aerial Work...
Prosus set to win EU nod for $4.74 billion Just Eat deal, sources say
Dutch technology investor Prosus is set to win EU antitrust approval for its 4.1 billion euro ($4.7 billion) bid for Just Eat Takeaway, after agreeing to sell down its stake in Delivery Hero, people with direct...
McDermott and Schulte complete latest US law firm merger
U.S. law firms McDermott, Will & Emery and Schulte Roth & Zabel have completed their planned merger, as firms’ appetite for greater legal market share and a strong New York presence continues to drive...
Goldman Sachs poised to buy into ice cream maker Froneri at $17.13 billion valuation, FT says
Goldman Sachs is poised to buy into ice cream maker Froneri at a 15-billion-euro ($17.13 billion) valuation including debt, the Financial Times reported on Friday. Reuters could not immediately verify the report. The...
Star Entertainment’s Brisbane casino deal collapses; shares hit record low
Star Entertainment’s planned 50% stake sale in its A$3.6 billion ($2.32 billion) Brisbane resort failed after its Hong Kong-based investors looking to exit the joint venture refused to extend talks, it said on...
