Singapore’s state investment firm Temasek will increase its stake in Ermenegildo Zegna Group to 10%, the companies said on Tuesday, as the Italian luxury fashion house targets a global expansion in the resilient...
Dye & Durham to consider sale, merger in truce with investor Plantro
Dye & Durham will review strategic alternatives to stabilize its finances and may even consider selling itself, it said on Tuesday, reaching a settlement that avoids a proxy fight with its second-largest investor...
Buffett’s Berkshire sells one-third of VeriSign stake for $1.23 billion
Berkshire Hathaway sold about one-third of its stake in VeriSign, an internet infrastructure and domain name registry company that Warren Buffett’s conglomerate has invested in since 2012, VeriSign said on Monday...
Buyout groups explore sale of British wealth manager Evelyn, sources say
Private equity firms Permira and Warburg Pincus are exploring the possible sale of Evelyn Partners, one of the UK’s largest wealth managers, three sources with knowledge of the matter said. The owners are working with...
Nordic Capital, Permira make $3 billion offer for vaccine maker Bavarian Nordic
A consortium led by Nordic Capital and Permira has made an offer of around $3 billion to buy all the shares of Bavarian Nordic, the vaccine maker said on Monday. Innosera, a newly formed company controlled by the...
EQT to acquire software provider Neogov for more than $3 billion, sources say
Investment firm EQT has agreed to acquire Neogov from its private equity owners, valuing the human resources software provider at more than $3 billion including debt, three people familiar with the matter said on Monday...
CK Hutchison wants Chinese firm to join bidding for its $22.8 billion ports business
CK Hutchison said on Monday it wants a major Chinese strategic investor to join the BlackRock-led consortium bidding for its $22.8 billion ports business, after media reported that state-owned China COSCO Shipping Corp...
Union Pacific nearing agreement to buy Norfolk Southern Bloomberg reports
Union Pacific, the largest U.S. railroad operator, could reach an agreement to acquire rival Norfolk Southern as soon as early next week, Bloomberg News reported on Friday, citing people familiar with the matter. Union...
KKR in talks to buy ST Telemedia Global Data Centres, Bloomberg News reports
U.S. investment firm KKR is in talks to buy Singapore-based ST Telemedia Global Data Centres in a deal that could value the Asian infrastructure provider at more than $5 billion, Bloomberg News reported on Saturday...
Russian e-commerce firm Ozon says entrepreneur Chachava takes 28% stake
Russian e-commerce company Ozon said on Friday that businessman Alexander Chachava had acquired a 27.7% stake in the company from Vostok Investments. Chachava, the founder of venture fund LETA Capital, took part last...
PagerDuty exploring potential sale after receiving buyer interest, sources say
PagerDuty is exploring options, including a potential sale of the U.S.-based software maker, after receiving inbound acquisition interest, people familiar with the matter said on Friday. The company is working with...
Elevation Capital sells Rs 226 crore worth shares in Ixigo parent Le Travenues Technology
Elevation Capital (formerly Saif Partners India) has sold 1.01 crore shares in Le Travenues Technology, the parent company of online travel aggregator Ixigo, the company said in a filing. At Tuesday’s closing...
