Portugal’s centre-right minority government wants to reach an agreement on a partial privatisation of national airline TAP with the main opposition Socialists, aiming to sell a minority stake of up to 49%...
Restaurant chain Dave’s Hot Chicken explores sale, sources say
Dave’s Hot Chicken, which counts rapper Drake among its investors, is exploring a potential sale that could value the popular restaurant chain at about $1 billion, including debt, people familiar with the matter said on...
Kesar India acquires 51% stake in Kesar IM Infra Projects
Kesar India has acquired 51% stake in Kesar IM Infra Projects, a Partnership Firm incorporated on 10 February 2025. The firm shall engage in the business of developing real estate projects, including but not limited to...
No decision on stake sale in Unicredit, Delfin source says
The Del Vecchio family’s holding, Delfin, has not yet made a decision on a possible sale of its 2.7% stake in UniCredit and has “full confidence” in the leadership of the Italian bank’s CEO...
Peak XV Partners sells 1% stake in SaaS firm Freshworks for $51.5 million
Venture capital firm Peak XV Partners has sold a nearly 1% stake in software-as-a-service (SaaS) company Freshworks for $51.5 million, according to filings made with the US Securities and Exchange Commission. The stake...
Veefin Solutions to acquire 49% stake in digital marketing firm White Rivers Media
Veefin Solutions said that the company, through its subsidiary Infini Systems, would acquire up to 49%, consisting of 4,900 equity shares, in White Rivers Media Solutions for a consideration of Rs 166.6 crore. White...
Germany’s Merck in advanced talks to acquire US biotech firm SpringWorks
Merck KGaA, the German healthcare and technology group, said on Monday it is in advanced talks to acquire U.S. cancer and rare diseases drugmaker SpringWorks Therapeutics. Merck, in a statement, said its negotiations to...
Del Vecchio family holding Delfin considering selling UniCredit stake – Corriere della Sera
The holding of the Del Vecchio family, Delfin, is exploring the possibility of selling its 2.7% stake in UniCredit, the Corriere della Sera newspaper reported on Tuesday, citing banking sources. According to the daily...
Elon Musk-led group makes $97 billion bid for control of OpenAI
A consortium led by Elon Musk said on Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI, another salvo in the billionaire’s fight to block the artificial intelligence startup from...
Outsourcing firm Conduent fields buyout interest, sources say
Conduent, a business processing outsourcing firm that was spun out of Xerox, is exploring a sale after receiving acquisition interest, people familiar with the matter told Reuters on Friday. The Florham, New Jersey...
Cube Highways InvIT buys 2 road assets of NIIF
Cube Highways Trust, the InvIT managed by Cube Highways Fund Advisors, has acquired 2 road assets from the Government owned National Investment and Infrastructure Fund Limited (NIIF), according to a Cube Highways...
Pernod Ricard considers sale of Mumm champagne, sources say
Pernod Ricard is exploring a sale of its champagne brand G.H. Mumm, according to five sources familiar with the matter, as it looks to focus on premium labels in its portfolio. The French spirits company behind Absolut...
