MARA Holdings told Reuters on Thursday it will buy Long Ridge Energy & Power from FTAI Infrastructure for $1.5 billion including debt, a major step in the bitcoin miner’s push to reposition as a digital...
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GameStop is preparing offer for eBay, WSJ reports
GameStop is preparing an offer for eBay as CEO Ryan Cohen pursues plans to boost the struggling videogame retailer’s market value more than tenfold, the Wall Street Journal reported on Friday. Shares of eBay...
360 ONE Asset acquires 13% stake in Bengaluru office asset for ₹1,125 cr
Alternative asset manager 360 ONE Asset, through its real assets funds, has acquired a 13 per cent equity stake in Ecoworld, a Grade-A office campus owned by Brookfield India Real Estate Investment Trust (Reit), through...
TMX Group to acquire Cboe Global’s Australian and Canadian operations for $300 million
TMX Group on Wednesday reached an agreement to acquire the Australian and Canadian operations of Cboe Global Markets for $300 million. This strategic move significantly broadens the reach of the Toronto Stock Exchange...
Japan halts MBK’s Makino Milling buyout bid on security concerns
The Japanese government has asked Asian private equity fund MBK Partners to halt its acquisition of machine tools maker Makino Milling Machine, citing national security concerns, in only the second such case to date...
UK’s Intertek considers EQT’s $11.2 billion sweetened takeover bid
British product testing firm Intertek on Wednesday said it is reviewing a sweetened takeover proposal from Swedish private equity group EQT AB, valuing it at 8.3 billion pounds ($11.22 billion). EQT is now offering...
Fairfax likely to buy 10% more in IIFL Capital via preferential allotment
Prem Watsa-backed Fairfax Financial Holdings is set to increase its stake in IIFL Capital Services through a preferential allotment in a transaction estimated around ₹1,000 crore, multiple people aware of the...
Dhan parent Raise Financial acquires algo-trading startup Stratzy in cash-and-stock deal
Raise Financial, the parent of online stock trading platform Dhan, has acquired algo-based investing and trading startup Stratzy in a cash-and-stock deal. The deal, according to sources, is valued at $5–6 million. ET...
Belgium’s Kpler launches minority stake sale valuing firm at up to $5 billion, sources say
Commodities data and analytics firm Kpler has launched a sale process for a large minority stake that could value the company at nearly $5 billion, according to two people with knowledge of the matter. Private equity...
Horse racing-Churchill Downs to buy Preakness intellectual property for $85 mln
Churchill Downs Incorporated announced on Tuesday that it had entered into a definitive agreement to acquire the intellectual property of the Preakness Stakes and Black-Eyed Susan Stakes from 1/ST Racing for $85...
Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from Edelweiss
Omkara Asset Reconstruction Company, along with global investor Oaktree Capital Management, has acquired the debt of GTL Infrastructure from Edelweiss Asset Reconstruction Company in a secondary market transaction...
Private equity firms submit offers for Schroders’ Benchmark unit, Sky News reports
A group of private equity firms submitted initial bids for Benchmark Capital, the financial planning business of Schroders, Sky News reported Monday, as the British asset manager moves ahead with a 9.9 billion pound...
