Taiwan-listed technology firm Ennoconn Corp said on Wednesday it has launched a takeover bid for Austria-based Kontron, offering 23.50 euros per share to all its shareholders. Kontron, which the deal values at 1.47...
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Ireland’s DCC signals support for sweetened $7.6 billion buyout bid
Ireland’s DCC said on Wednesday it would support a sweetened £5.7 billion ($7.63 billion) takeover bid by a consortium of KKR and Energy Capital Partners if the U.S. private equity firms formalise their offer...
Trump Media and TAE Technologies will not spin off Truth Social
Trump Media and Technology and TAE Technologies said on Wednesday that they had decided against spinning off Truth Social and certain other TMTG media assets into a new publicly listed company. TMTG, founded by U.S...
Adani Energy buys IntelliSmart in Rs 3,050-cr deal, becomes India’s largest smart metering platform
Adani Energy Solutions Ltd (AESL) on Tuesday announced the acquisition of IntelliSmart Infrastructure Pvt Ltd, one of India’s leading smart metering platforms, in a transaction valued at Rs 3,050 crore. With the...
Dharana Capital buys 12-14% stake worth ₹225 crore in Mygate
Dharana Capital has acquired a 12-14% stake in residential community management platform Mygate for about ₹225 crore, backing the startup’s plans to expand its presence across India and broaden its product...
Activist Ancora builds stake in Ashland, pushes for sale
Activist Ancora Alternatives has built a significant stake in Ashland Inc and wants the U.S. specialty chemicals company to sell itself, arguing that a transaction could boost its share price by at least 30%, according...
UK’s Boots in talks for $10 billion sale as owners plan to scrap IPO plans, FT reports
Boots is in talks with the billionaire Weston family and Australian pharmacy group Sigma Healthcare over a $10 billion (£7.5 billion) sale that would see the British health and beauty retailer scrap its plans for a...
Starbucks mulls options for Japan business, including stake sale, Bloomberg reports
Starbucks is weighing options for its Japanese business, including a stake sale, Bloomberg News reported on Tuesday. A stake sale might be valued at ¥400 billion ($2.5 billion) to ¥500 billion, possibly attracting...
Govt to sell up to 3% stake in NLC India via OFS at ₹303 per share
The Centre on Monday launched an offer for sale (OFS) of a 2% base stake in state-run NLC India Ltd (formerly Neyveli Lignite Corporation), with a 1% greenshoe option in the event of oversubscription, as it seeks to...
Ingredion to buy UK’s Tate & Lyle for $3.6 billion
U.S. group Ingredion has struck a deal to buy Britain’s Tate & Lyle for £2.7 billion ($3.6 billion) in cash to create a leading speciality food and beverage ingredients company. The deal underscores how food...
Italy’s BPM invites MPS to $58 billion merger talks as Intesa, BPER weigh move
Italy’s Banco BPM said on Sunday it would invite Banca Monte dei Paschi di Siena to discuss a potential tie-up, with sources saying MPS had also attracted interest from Intesa Sanpaolo and BPER Banca. MPS, which...
Saks Global wins court approval for bankruptcy restructuring
Saks Global received court approval for its bankruptcy restructuring on Friday, clearing the luxury retailer to exit from Chapter 11 with a smaller store footprint and lower debt. U.S. Bankruptcy Judge Alfredo Perez...
