Premium baby diaper brand Coterie, which counts models and entrepreneurs Karlie Kloss and Ashley Graham as investors, is in talks to sell itself to consumer goods company Mammoth Brands, according to people familiar...
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CCI approves acquisition of Jaiprakash Associates by Adani Group
The Competition Commission of India (CCI) on Tuesday approved the acquisition of Jaiprakash Associates by Adani Entities. In an official statement, the CCI said that the deal proposes the acquisition of up to 100 per...
Rheinmetall wants to take over German shipbuilder NVL, Bild reports
Defence group Rheinmetall wants to take over German shipbuilder Naval Vessels Luerssen, the German daily Bild reported on Wednesday, citing industry sources. According to Bild, the Luerssen family, who own the...
South Korea’s top shipbuilder to acquire affiliate to tap US demand under Trump
South Korea’s HD Hyundai Heavy Industries, the world’s biggest shipbuilder, said on Wednesday that it plans to merge with its affiliate HD Hyundai Mipo as it targets a bigger slice of the U.S. shipbuilding...
Berlusconi-backed MFE set to clinch Germany’s ProSieben after PPF sells stake
MediaForEurope (MFE) is set to take control of ProSiebenSat.1 after Czech investment group PPF on Wednesday said it would sell its stake in the German broadcaster to the TV group controlled by Italy’s Berlusconi...
Imagicaaworld to acquire Malpani Parks Ahmedabad for ₹75 crore
Imagicaaworld Entertainment has announced plans to acquire Malpani Parks Ahmedabad Private Limited (MPAPL), a promoter-owned entity, in a deal valued at up to ₹75 crore. The company’s board approved the acquisition on...
Brookfield sells stake in Pune office park to 360 ONE Asset
Global investor Brookfield Asset Management, through its private real estate fund, has sold a 50% stake in Bluegrass Business Park in Pune to 360 ONE Asset for an enterprise value of ₹2,400 crore. The 2 million square...
Buffett shoots down talk of Berkshire railroad merger, CSX shares slide
Billionaire investor Warren Buffett on Monday shut down speculation of a blockbuster railroad merger, saying his company Berkshire Hathaway is not looking to buy another train company. Shares of CSX fell 5% on Monday...
Thoma Bravo to buy Verint in $2 billion deal as software acquisitions ramp up
Thoma Bravo will acquire Verint Systems in a $2 billion deal, including debt, the customer engagement platform said on Monday, marking the latest software buyout as private equity firms increasingly bet on AI to...
Foseco India inks deal to acquire 75% stake in Morganite Crucible (India)
Foseco India has executed a definitive agreement to acquire a 75% stake in Morganite Crucible (India) (MCIL), from its current promoters viz. Morganite Crucible and Morgan Terrassen B.V., part of the Morgan Group of...
Neo Infra Income Opportunities Fund buys SolarArise in ₹1,400 cr deal
Neo Group’s flagship infrastructure fund, Neo Infra Income Opportunities Fund (NIIOF), has bought SolarArise India Projects Pvt. Ltd from the London Stock Exchange-listed ThomasLloyd Energy Impact Trust for an...
Centrum Capital signs agreement to sell Affordable Housing Finance Business to Weaver Services
Centrum Capital Limited has signed an agreement to divest its full stake in Centrum Housing Finance Ltd. (CHFL), its affordable housing finance business, to Weaver Services, a new age Housing finance company. The...
