Aarti Industries has entered into a Share Purchase Agreement with ‘Clean Max Enviro Energy Solutions’ and ‘Clean Max Indus’. This transaction entails the acquisition of 49% Equity Shares / Voting...
JK Paper diversifies into specialty animal health business with Quadragen Vethealth acquisition
JK Paper Ltd, a paper and packaging solutions company, has acquired Quadragen Vethealth Pvt. Ltd (QVPL) for ₹460 crore in an all-cash deal to diversify into the specialty animal health, nutrition, and feed additives...
Northvolt sells stake in battery unit to Volvo, to explore North American deals
Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their joint battery venture Novo Energy for an undisclosed sum and explore potential collaborations in North...
Nationwide to acquire Allstate’s stop-loss insurance business in $1.25 billion deal
U.S. insurer Nationwide said on Thursday that it would acquire property and casualty insurer Allstate Corp’s employer stop-loss segment in a $1.25 billion deal, as it seeks to expand its stop-loss insurance...
EQT-backed Zayo in lead to buy Crown Castle assets in deal above $8 bln, source says
Fiber network owner Zayo Group is in the lead to buy the Crown Castle’s assets in a deal that could be valued at over $8 billion, a source familiar with the matter told Reuters. Zayo, owned by Sweden’s EQT...
American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal
Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the London-listed firm at about 1.16 billion pounds ($1.44 billion), the companies said on Wednesday...
Northvolt sells stake in battery unit to Volvo, to explore North American deals
Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their joint battery venture Novo Energy for an undisclosed sum and explore potential collaborations in North...
Bain Capital proposes to take Surgery Partners private
Bain Capital Private Equity has proposed to acquire the remaining shares of surgical facility operator Surgery Partners it does not already own for $25.75 apiece, a filing showed on Tuesday. Bain Capital has a 39% stake...
Alibaba’s Tsai-backed firm buys 12% of Italian luxury sneaker maker Golden Goose
Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12% stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday. The investment comes after...
Euronext to acquire Nasdaq’s Nordic power futures business
Pan-European stock exchange Euronext on Tuesday announced it would acquire Nasdaq’s Nordic power futures activities, as it seeks to widen its business in the northern European electricity market. Euronext’s...
First-ever India logistics MBO: LOGOS team acquires $1 billion assets in two countries
A private consortium led by LOGOS Group co-founder Trent Iliffe, along with former India CEO Mehul Shah and Vietnam CEO Glenn Hughes, has acquired the LOGOS Vietnam and India business in a deal valued at $100 million...
360 One Wealth acquires Batlivala & Karani Securities for Rs 1884 crores
Wealth management company, 360 One Wealth and Asset Management (WAM) Monday announced the acquisition of Batlivala & Karani Securities and Batlivala & Karani Finserv for ₹1,884 crore. Of the total consideration...
