Aistra, an AI Managed Services firm focused on transforming enterprise operations, announced the acquisition of a controlling stake in Veracity Services, a leading finance and accounting (F & A) services company...
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UK regulator conditionally clears $3.7 billion Getty-Shutterstock merger
Britain’s competition regulator on Friday said it would clear Getty Images’ proposed $3.7 billion merger with Shutterstock if the latter sells its editorial arm to address concerns around news content...
Schroders to exit wholly-owned China fund management unit, sources say
Schroders is exiting its wholly owned China fund unit and has reached a deal to sell its products to Neuberger Berman, three people with knowledge of the matter said, as the British fund manager looks to move out of...
Thoma Bravo eyes stake sale in Command Alkon, sources say
Thoma Bravo is exploring a sale of its stake in construction software maker Command Alkon, as the private equity firm tries to generate returns in pockets of software seen as more resilient to broader AI disruption...
CSG bids for stake in tank maker KNDS, source says
Czech defence group CSG has offered to buy a stake in Franco-German tank maker KNDS from its German owner families, a source familiar with the situation told Reuters on Wednesday. The families, however, are...
Eneos to buy Chevron’s stake in Singapore Refining and other assets for $2.2 billion
Eneos Holdings said on Thursday it will buy Chevron’s 50% stake in Singapore Refining Company (SRC) and other assets in Southeast Asia and Australia for $2.2 billion. The deal – which includes...
‘Neither credible nor attractive’: eBay turns down $56 billion takeover bid from GameStop
eBay on Tuesday turned down a $56 billion takeover offer from GameStop, citing concerns about how the deal would be financed, while reaffirming confidence in its ongoing turnaround strategy that has helped drive growth...
Actis restarts Nxt-Infra sale process, appoints Ambit
General Atlantic-owned infrastructure investor Actis LLP is looking to cash out, fully or partly, from its listed Indian roads platform Nxt-Infra Trust, two people aware of the matter told Mint. “Actis is prepared to...
Sweden’s EQT launches $3.76 billion tender offer to take Japan’s Kakaku.com private
Swedish investment firm EQT said on Tuesday it would launch a tender offer to take Japanese classifieds and marketplace platform Kakaku.com private, valuing the company at 593.51 billion yen ($3.76 billion). The...
FCC approves $40 billion sale of EchoStar spectrum to SpaceX, AT&T
The U.S. Federal Communications Commission said Tuesday it approved EchoStar’s $40 billion sale of wireless spectrum to SpaceX and AT&T because the move would boost connectivity across the country. EchoStar...
Siemens to buy Italy’s Mer Mec in 1 bln euro deal, source says
Siemens has agreed to buy Italian rail technology Company Mer Mec in a deal worth around 1 billion euros ($1.17 billion), a person familiar with the matter told Reuters on Tuesday. Mer Mec, based in Monopoli near...
Peak XV, Sequoia, other funds to sell a part of Groww stakes in Rs 4,750-cr deal
A clutch of funds, including Peak XV Partners and Sequoia, would be selling a portion of their stakes in new-age digital brokerage Groww in a ₹4,750-crore block deal Tuesday, according to a term sheet of the proposed...
