Callaway has sold 60 percent of Topgolf to Los Angeles private-equity firm Leonard Green & Partners in a deal that values the business at approximately $1.1 billion. It brings an end to a promising combination of...
Adani gets creditors’ nod to buy bankrupt Jaiprakash Associates
Gautam Adani-led Adani Group has received approval from the Committee of Creditors of Jaiprakash Associates after lenders voted in favour of its resolution offer for the bankrupt infrastructure and industrial group. The...
Early Paytm backer Elevation Capital part sells stake in fintech worth Rs 1,556 crore
Venture Capital firm Elevation Capital, which was among the earliest backers of Paytm, sold a nearly 2% stake in the fintech platform’s parent One 97 Communications for Rs 1,556 crore, according to bulk deal data on the...
Adani Enterprises arm completes 13% stake sale worth Rs 4,646 cr in AWL to Wilmar subsidiary
Adani Enterprises announced the completion of its stake sale in AWL Agri Business on Wednesday, where the company’s subsidiary Adani Commodities LLP (ACL), sold a 13% stake in AWL to Lence, a wholly owned...
Choice Intl gains after arm acquires 100% stake in Ayoleeza Consultant
Choice International rose 1.66% after the company’s subsidiary, Choice Consultancy Service (CCSPL) has acquired 100% shareholding in Ayoleeza Consultant, strengthening its advisory and consultancy capabilities...
Palo Alto Networks to buy Chronosphere for $3.35 billion, raises annual forecasts
Palo Alto Networks said on Wednesday it will buy cloud management and monitoring company Chronosphere for $3.35 billion, as the cybersecurity firm looks to strengthen its AI offerings. The Santa Clara, California-based...
Blockfusion to list in New York via $450 million SPAC deal
Data center operator Blockfusion said on Wednesday it would list in the United States through a merger with blank-check firm Blue Acquisition Corp in a deal valued at $450 million, as investor appetite for the sector...
Choice International announces acquisition of Ayoleeza Consultants
Through its subsidiary – Choice Consultancy Services Choice International announced that its subsidiary, Choice Consultancy Services (CCSPL), has acquired 100% shareholding in Ayoleeza Consultants. Ayoleeza...
EQT, PAG, Blackstone, CVC among global PEs evaluating $1 bn ValueLabs buyout
Global private equity majors EQT Partners, PAG, Blackstone and CVC are among suitors in talks to acquire a controlling stake in software services firm ValueLabs from the promoters, according to three people with...
Permira, Carlyle, L Catterton, others eye 30% stake in iD Fresh at ₹4,500-cr valuation
iD Fresh, which makes ready-to-cook packaged food items, is in talks to sell about 30% stake in the company for around ₹1,200 crore to global private equity funds, including Permira, Apax, L Catterton and Carlyle...
Mexico’s ASUR buys Motiva’s Latin American airports in $2.2 billion deal
Mexico’s Grupo Aeroportuario del Sureste (ASUR) signed a contract to buy the airport portfolio of Brazilian infrastructure operator Motiva for 11.5 billion reais ($2.16 billion), including net debt, Motiva said on...
US states can intervene to challenge HPE’s $14 billion Juniper acquisition
A group of U.S. states can intervene in a case over Hewlett-Packard Enterprise’s $14 billion acquisition of Juniper Networks, which the U.S. Department of Justice has proposed to settle and let the deal move...
