Neo Infrastructure Income Opportunities Fund (NIIOF), a SEBI-registered Category II Alternative Investment Fund (AIF), has signed definitive agreements to acquire two operational road assets from CDS Infra Projects for...
Actis acquires 100% of Stride Climate Investments from Macquarie Group
Actis, a global investor in sustainable infrastructure, has acquired a 100% stake in Stride Climate Investments, a solar generation asset portfolio in India, from a fund managed by Macquarie Asset Management. The deal...
Kroger countersues rival Albertsons after demise of $25 billion merger
U.S. grocery chain Kroger countersued Albertsons on Tuesday, escalating a legal battle between the companies following the collapse of their proposed $25 billion merger in December. Albertsons terminated the merger...
UK’s Warehouse REIT evaluates Blackstone’s $633 million takeover proposal
UK’s Warehouse REIT said on Tuesday it was evaluating asset manager Blackstone Europe LLP’s further sweetened, final all-cash takeover proposal that values the warehousing specialist at about 489 million...
Shareholders of Thailand’s Intouch approve merger with Gulf Energy
Shareholders of Thailand-based telecoms operator Intouch Holdings gave their backing on Tuesday to a planned $25 billion merger with billionaire Sarath Ratanavadi’s Gulf Energy, although the deal is still...
UK food group Greencore increases bid for rival Bakkavor, Bloomberg News reports
British convenience food manufacturer Greencore has increased its bid for rival Bakkavor Group, Bloomberg News reported on Tuesday, citing sources. Bakkavor, which operates in Britain, China and the United States, has...
PE firm Clearlake to buy Dun & Bradstreet for $4.1 billion in cash
Dun & Bradstreet has agreed to be acquired by private equity firm Clearlake Capital for $4.1 billion, the data and analytics provider said on Monday, putting an end to its second stint as a public company after its...
DNA testing firm 23andMe files for bankruptcy as demand dries up
23andMe on Sunday filed for bankruptcy in the U.S. after struggling with weak demand for its ancestry testing kits and a 2023 data breach that damaged its reputation. The company’s shares fell 50% to 88 cents in...
Italy’s Banco BPM secures over 50% of Anima as Caltagirone tenders stake
Italy’s Banco BPM has secured more than half of the capital of Anima Holding in its bid for the fund manager, Reuters calculations showed on Monday, thanks to the stake tendered by a leading Anima investor...
Reliance Industries Limited acquires 74% in Nauyaan Shipyard
Reliance Industries in a regulatory filing said its subsidiary Reliance Strategic Business Ventures (RSBVL) has acquired a 100% stake in Nauyaan Tradings Private Limited (NTPL) for ₹1 lakh. “Please note that...
TOMS Capital pushes for Kenvue sale, Bloomberg News reports
Investment firm TOMS Capital Investment Management has amassed a stake in the Band-Aid maker Kenvue and is pushing the company to consider a full sale or separation of some assets, Bloomberg News reported on Sunday...
DNA testing firm 23andMe files for bankruptcy to sell itself; CEO leaves after failed bids
Genetic testing firm 23andMe said on Sunday it filed for Chapter 11 bankruptcy protection in the U.S. to help the $50 million company sell itself and that CEO Anne Wojcicki had resigned after multiple failed takeover...
