Blue Cloud Softech Solutions (BCSSL) has signed a Letter of Intent (LOI) to acquire 3P Vision, a defense technology company renowned for its deep-tech expertise in AI, drones, and integrated surveillance systems...
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Cupid acquires strategic stake in Arabian luxury fragrance brand ‘Mansam’
Cupid has entered into a Term Sheet to acquire a strategic stake in Mansam, a Saudi Arabian fragrance brand promoted by Key Notes Trading LLC, through a fund structure managed by GII lnvestment Management. Mansam...
Elliott takes stake in BILL Holdings, becoming second activist in stock
Elliott Investment Management has built a large stake in BILL Holdings and may want the financial automation software company to pursue a sale, a person familiar with the matter said on Tuesday. Elliott owns a roughly...
Elon Musk’s SpaceX buys wireless spectrum from EchoStar in $17 billion deal
Elon Musk’s SpaceX said Monday it will buy wireless spectrum licenses from EchoStar for its Starlink satellite network for about $17 billion, a major deal crucial to expanding Starlink’s nascent 5G...
TDR Capital sells stake in health and fitness group David Lloyd
TDR Capital said on Monday it agreed to sell its stake in David Lloyd Leisure to a newly formed continuation vehicle that will take majority control of the health and fitness club chain. The Financial Times said the...
Infleqtion to go public in SPAC deal valuing quantum computing firm at $1.8 billion
Infleqtion will go public through a merger with a blank-check company, led by veteran Wall Street dealmaker Michael Klein, valuing the quantum computing startup at $1.8 billion before new investment, the companies said...
Potash maker Nutrien to sell stake in Argentina’s Profertil for $600 million
Nutrien said on Monday it will sell its 50% stake in Argentina-based nitrogen producer Profertil for $600 million, as the world’s top potash producer shifts focus away from South America. The stake will be...
Worth more that the GDP of 100+ nations, Atlassian acquires The Browser Company for $610 million
Atlassian announced Thursday, September 4, it will acquire New York-based startup The Browser Company for $610 million in cash, marking the enterprise software company’s entry into the competitive AI-driven...
Astral’s board nod to acquire remaining 5% stake in Seal IT
Astral said that its board has approved to acquire remaining 5% equity stake in its wholly owned subsidiary, Seal IT Services UK (Seal IT) for total consideration of GBP 4,00,000 (approximately Rs 4.75 crore). By...
Levine Leichtman weighs selling stake in debt fund administrator GLAS, sources say
The owner of Global Loan Agency Services (GLAS) is exploring selling its stake in the debt administration services firm, three people familiar with the matter told Reuters, which would be the latest deal in a sector...
Fosun unit to divest 40% stake in Portugal’s Luz Saude to Macquarie-linked firm
Hong Kong-listed Chinese conglomerate Fosun International said on Friday its unit had agreed to sell a 40% stake in Portugal-based hospital operator Luz Saude for 310 million euros ($362.92 million) to an entity linked...
Cadence Design to buy Hexagon’s design and engineering unit for $3.16 billion
Cadence Design said on Thursday it will buy the design and engineering business of Stockholm-based Hexagon AB for 2.7 billion euros ($3.16 billion), to expand its customer base and scale up its product portfolio. The U...
