Beauty company Coty is seeking buyers for a selloff in two parts, fashion trade publication WWD reported on Monday, citing multiple industry sources. The company intends to sell both its luxury segment, which houses...
Sabadell gets expressions of interest for British unit TSB
Spain’s Sabadell on Monday said it had received preliminary non-binding expressions of interest for its British unit TSB and will assess any potential binding offer it may receive. The Financial Times reported...
Hedge fund Millennium valued at $14 billion in minority stake sale talks, FT reports
Millennium Management is in talks to sell a minority stake in its management company, in a deal that values the hedge fund giant at $14 billion, the Financial Times reported on Monday, citing people familiar with the...
NCLT directs insolvency against Gensol, Gensol EV Lease; appoints IRP
The National Company Law Tribunal on Friday directed to initiate insolvency proceedings against Gensol Engineering and Gensol EV Lease after admitting the petitions filed by the Indian Renewable Energy Development...
Bain Capital-backed CitiusTech exploring acquisitions, to evaluate IPO
Bain Capital-backed CitiusTech, a healthcare technology services company, is planning to grow through acquisitions and will evaluate an IPO this year, either in the US or India, chief executive officer (CEO) Rajan Kohli...
Spectris rejects second KKR proposal in favour of Advent’s $5 billion bid
Britain’s Spectris said on Friday it had rejected a second takeover proposal from private equity firm KKR, days after the scientific instruments maker backed a possible competing $5 billion bid from Advent...
Minerva to sell Uruguayan plant for $48 million to ease antitrust worries in broad deal
Brazilian meatpacker Minerva said on Friday it signed a contract to sell the Colonia plant in Uruguay to Allana for $48 million, as part of its efforts to get antitrust approval for the purchase of other two plants in...
PhonePe pares 5% stake in MapmyIndia for Rs 486 crore
Digital payments major PhonePe on Thursday trimmed its holding by selling a 5 per cent stake in CE Info Systems, the parent company of MapmyIndia, for Rs 486 crore through an open market transaction. PhonePe is an arm...
China delays approval of $35 billion merger between Synopsys and Ansys, FT reports
China’s market regulator has postponed its approval of a proposed $35 billion merger between software companies Synopsys and Ansys after Donald Trump tightened chip export controls against China, the Financial...
Gordon Brothers buys UK’s Poundland, to invest up to $108.5 million in revival
Investment firm Gordon Brothers has acquired Pepco Group’s struggling Poundland business for a nominal value and will invest up to 80 million pounds ($108.5 million) to help fuel its turnaround, the companies said...
Aeroflex Enterprises acquires 51% stake in ABP Impex
Aeroflex Enterprises announced that its subsidiary, M.R. Organisation, has acquired 51% equity stake through its USA subsidiary in ABP Impex, based in Portugal (EU), that specialises in providing services for high...
Apollo and Irth Capital made an offer to buy Papa John’s, sources say
Apollo Global Management and Irth Capital Management have approached Papa John’s International for a deal that would take the U.S. pizza chain private, two people familiar with the matter said on Wednesday. The...
