Abacus Storage King has granted the consortium comprising Ki Corporation and Public Storage access to examine the company’s books and records for six weeks to evaluate its A$2.17 billion ($1.41 billion) binding...
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Somany Ceramics Acquires Majority Stake in Durabuild, Enters High-Growth Construction Chemicals Segment
Somany Ceramics Ltd., one of India’s most respected names in building materials, has acquired a majority stake in Durabuild, a Delhi-based manufacturer of construction chemicals, marking its strategic entry into...
Avance Technologies Limited Signs Non-Binding Term Sheet to Acquire a B2B Inventory Liquidation Marketplace www.Excess2Sell.com
Avance Technologies Limited, a BSE-listed technology solutions provider, is pleased to announce that it has signed a nonbinding term sheet to acquire India’s premier tech-enabled B2B overstock inventory...
Union Pacific exploring deal to buy Norfolk Southern, WSJ reports
Railroad operator Union Pacific is exploring a deal to buy smaller rival Norfolk Southern, the Wall Street Journal reported, in a merger that would bolster the industry leader’s heft and likely draw intense...
Crypto firm Bitcoin Standard to go public in deal with Cantor-backed SPAC
Crypto firm Bitcoin Standard Treasury Company said on Thursday it is aiming to list on the Nasdaq, with over 30,000 bitcoin on its balance sheet, through a merger with a Cantor Fitzgerald-backed blank check vehicle. The...
Teneo acquires PwC’s Australia restructuring unit to expand financial advisory presence
Teneo said on Thursday it has acquired the Australia business restructuring services unit of auditing firm PwC, as the management consultancy seeks to expand its financial advisory presence in the region. Under the...
EU gives conditional approval for Brasserie Nationale takeover of Boissons Heintz
The European Commission has approved Luxembourg brewer Brasserie Nationale’s acquisition of drinks wholesaler Boissons Heintz subject to conditions aimed at preserving competition in the country’s...
Brilyant Acquires Sugansa India to Accelerate AI-First Strategy
Brilyant, a global IT systems integrator and enterprise solutions provider, today announced the acquisition of Sugansa’s India operations, marking a strategic move to embed Artificial Intelligence (AI) at the core...
Why crypto giant Tether bought a South American farming company
Crypto powerhouse Tether, the world’s largest digital assets company, is leveraging its recent acquisition of a South American agricultural firm to make a strategic play for the multi-trillion-dollar a year global...
EDF weighs stake sales in North American, Brazilian renewables units
France’s EDF is weighing options to bring in capital to both its North American and Brazilian renewables businesses, a company spokesperson said on Wednesday, which could include stake sales of as much as 50%. The...
UK’s Coats Group to buy footwear insole maker OrthoLite for $770 million
British thread manufacturer Coats Group said on Wednesday it would buy U.S.-based footwear insole maker OrthoLite for $770 million, including debt. The deal is expected to deliver $20 million in annual savings by 2028...
UK’s NCC Group weighs sale of cybersecurity arm
UK-based global cybersecurity specialist NCC Group said on Wednesday it is in the early stages of reviewing strategic options for its cyber business, if the sale of its Escode unit goes ahead. The review is at a very...
