Dutch competition watchdog ACM said on Friday it had cleared RTL Group’s sale of its Dutch subsidiary RTL Nederland to Belgium-based DPG Media, under conditions meant to protect the independence of involved news...
Other
GE Vernova explores sale of Proficy software unit, Bloomberg News reports
U.S. power equipment maker GE Vernova is exploring the sale of its industrial software business, Proficy, in a deal that could fetch as much as $1 billion, Bloomberg News reported, on Friday, citing people familiar with...
Miami’s Brickell City Centre sold to Simon Property in up to $548.7 million deal
U.S.-based shopping mall owner Simon Property Group has acquired the parking and retail segments of Miami’s Brickell City Centre for up to $548.7 million from Swire Properties, the Hong Kong-listed company said on...
PB Fintech founders sell over 1% stake for Rs 920 crore
New Delhi, PB Fintech’s co-founders Yashish Dahiya and Alok Bansal divested a little over 1 per cent stake in the company for Rs 920 crore through open market transactions. PB Fintech’s chief executive...
Meta in talks to acquire AI voice startup PlayAI for talent push
Meta Platforms Inc. is in advanced talks to acquire PlayAI, a small startup using artificial intelligence to replicate voices, part of the social media company’s push to nab top talent and catch up in the AI race. ...
JSW, Serentica, Actis, Blackstone, Brookfield in the fray to buy Vibrant Energy
Financial and strategic investors, including JSW Group, Vedanta Group’s Serentica, Blackstone, Brookfield, Sembcorp, and Actis, are looking at acquiring Vibrant Energy, a renewable energy company owned by Macquarie...
DNOW to acquire MRC Global in $1.5 billion all-stock deal
Energy and industrial products supplier DNOW said on Thursday it would buy MRC Global in an all-stock deal valued at $1.5 billion, including debt. The combined company will operate over 350 service and distribution...
McDermott, Schulte partnerships vote to approve law firm merger
Partners at U.S. law firms McDermott Will & Emery and Schulte Roth & Zabel have voted to merge effective Aug. 1, the firms said in a joint statement on Thursday. The deal is set to create a 1,750-lawyer firm...
GACM Technologies to acquire 30% stake in AI edtech firm WeXL
GACM Technologies has entered into a definitive agreement to acquire a 30 per cent equity stake in AI-edtech data company WEXL Edu Pvt Ltd (WeXL), an exchange filing stated on Wednesday. “The projected valuation...
UK’s Warehouse REIT agrees to $661 million Tritax takeover bid over Blackstone
UK’s Warehouse REIT accepted a 485.2 million pound ($661 million) takeover offer from Tritax Big Box REIT on Wednesday, walking away from a previous deal with Blackstone agreed in early June. Tritax’s cash...
Mars’ $36 billion Kellanova deal gets US antitrust approval as EU opens investigation
Candy maker Mars’ takeover of Pringles maker Kellanova was cleared by U.S. antitrust regulators on Wednesday, but their EU counterparts opened a full-scale investigation into the $36 billion deal, saying it could...
Lakers confirm sale of majority stake in franchise to Mark Walter
The Buss family have agreed to sell a majority stake in the Los Angeles Lakers to TWG Global CEO Mark Walter, the two parties confirmed on Wednesday, while adding that Jeanie Buss will remain governor of the storied NBA...
