Crypto powerhouse Tether, the world’s largest digital assets company, is leveraging its recent acquisition of a South American agricultural firm to make a strategic play for the multi-trillion-dollar a year global...
EDF weighs stake sales in North American, Brazilian renewables units
France’s EDF is weighing options to bring in capital to both its North American and Brazilian renewables businesses, a company spokesperson said on Wednesday, which could include stake sales of as much as 50%. The...
UK’s Coats Group to buy footwear insole maker OrthoLite for $770 million
British thread manufacturer Coats Group said on Wednesday it would buy U.S.-based footwear insole maker OrthoLite for $770 million, including debt. The deal is expected to deliver $20 million in annual savings by 2028...
UK’s NCC Group weighs sale of cybersecurity arm
UK-based global cybersecurity specialist NCC Group said on Wednesday it is in the early stages of reviewing strategic options for its cyber business, if the sale of its Escode unit goes ahead. The review is at a very...
Huntington Bancshares to buy Veritex in $1.9B all-stock deal, making bold Texas banking push amid U.S. reg
Huntington Bancshares to acquire Veritex Holdings in $1.9B all-stock deal, expands Texas presence- In a strategic move to expand its footprint in Texas, Huntington Bancshares (NASDAQ: HBAN) has announced its plan to...
Waters to buy Becton unit in a $17.5 billion deal amid tariff pressures
Lab equipment maker Waters Corp on Monday said it will buy a bioscience and diagnostics unit spun off from medtech provider Becton Dickinson in a stock-and-cash transaction valued at $17.5 billion, expanding its scale...
Pension fund Previ sells stake in Brazil’s BRF ahead of Marfrig deal
Brazilian pension fund Previ said on Monday it sold its minority stake in Brazilian meat processor BRF for 1.9 billion reais ($340.31 million), ending a 31-year investment in the group, according to a statement on its...
PE fund Multiples, Sachetis to acquire majority stake in VIP Industries
A consortium of homegrown private equity fund Multiples Alternate Asset Management and Samvibhag Securities will buy an about 32% stake of VIP Industries from promoter Dilip Piramal & family, the luggage maker said...
Australia’s Abacus Storage King gets $1.43 billion sweetened offer, shares jump
Australian self-storage company Abacus Storage King said on Monday it had received a sweetened A$2.17 billion ($1.43 billion) takeover offer from a consortium of Ki Corp and Public Storage, sending its shares more than...
Australia’s Johns Lyng agrees to $725 million buyout, shares soar
Australian building services provider Johns Lyng Group said on Friday it agreed to be bought by investment firm Pacific Equity Partners (PEP) for an equity value of A$1.1 billion ($725 million), sending its shares to a...
Partners Group to acquire majority stake in Infinity Fincorp for Rs 1,950 crore
Swiss private equity firm Partners Group will acquire a majority stake in Infinity Fincorp Solutions, a Mumbai-based non-bank lender focused on MSMEs, through an investment of Rs 1,950 crore (around $230 million), the...
Jash Engineering plans to acquire WesTech Process Equipment India, Mumbai
Jash Engineering announced its plans to acquire WesTech Process Equipment India, Mumbai (WPEIPL) by purchasing 80% stake held by WesTech LLC, USA, along with an additional 10% stake held by employees of the Indian...
