Chinese battery giant CATL is in talks to buy a controlling stake in electric vehicle maker Nio’s power unit, which runs more than 3,000 battery swapping stations in China, four people with knowledge of the matter...
Infineon Technologies to buy Marvell’s auto ethernet business for $2.5 billion
German chipmaker Infineon Technologies said on Monday it would buy Marvell Technology’s automotive ethernet business for about $2.5 billion in cash, to expand its microcontroller segment. The automotive ethernet...
US tariffs prompt 3i Group to delay pet food maker MPM’s sale, Bloomberg News reports
British private equity firm 3i Group Plc has put the sale process of pet food maker MPM on hold to assess the impact of U.S. President Donald Trump’s tariffs, Bloomberg News reported on Monday, citing people...
Adani, Vedanta, Patanjali among 26 in fray to acquire Jaiprakash Associates
Billionaire Gautam Adani’s group, mining mogul Anil Agarwal’s Vedanta, and yoga guru Baba Ramdev’s Patanjali Ayurveda are among the 26 suitors looking to acquire Jaiprakash Associates. Others who...
Law firms Kramer Levin and Herbert Smith Freehills approve merger
U.S. law firm Kramer Levin Naftalis & Frankel and global legal giant Herbert Smith Freehills said in a joint statement on Friday that their partners voted to approve a merger, creating a 2,700-lawyer firm. The deal...
Brookfield to buy Colonial Pipeline for about $9 billion, including debt
Brookfield Infrastructure Partners is buying Colonial Pipeline, the largest U.S. fuel transportation system, in a deal valued at about $9 billion, including debt, the company said on Thursday. The deal to acquire all...
Hailey Bieber explores sale of her makeup brand Rhode, sources say
Model Hailey Bieber is exploring a sale of her makeup brand Rhode that could be worth more than $1 billion, according to three people familiar with the matter. Bieber has tapped investment bankers at JPMorgan Chase and...
Shriram Pistons gains after acquiring Karna Intertech
Shriram Pistons & Rings (SPRL) advanced 1.05% to Rs 1883.85 after the company said it acquired 100% stake in Karna Intertech (Karna) for total consideration of Rs 5 crore. Karna has a sophisticated tool room located...
Clearlake Gambles on Risky Debt in Rush to Buy Dun & Bradstreet
Clearlake Capital Group was in a tight spot. It needed to move fast as it closed in on a deal to buy Dun & Bradstreet Holdings Inc., one of Wall Street’s oldest providers of data and analytics, but lining up a...
Siemens to acquire Dotmatics in $5.1 billion deal in Life Science portfolio push
Siemens AG said on Wednesday it will acquire U.S.-based Dotmatics for $5.1 billion from private equity firm Insight Partners to strengthen its Life Sciences portfolio. Financing for the deal would be primarily carried...
BorderPlus acquires Onea Care, paving the way for Indian nurses in Germany
Workforce mobility platform BorderPlus has acquired German healthcare recruitment firm Onea Care, the Mumbai-based company said in a statement on Tuesday without disclosing the deal financials. The acquisition marks a...
Inframarket’s venture debt backers explore $30 mn secondary stake sale ahead of IPO
Infra.Market’s venture debt backers are exploring a $30 million secondary transaction in an extended pre-IPO round as they look to encash their stake before the company files its draft papers later this quarter, three...
