Everstone Capital has acquired a controlling stake in software as a service (SaaS) provider Wingify from the founders for about $300 million as it steps up deal making in the technology sector, said people with...
Coforge Inc. to acquire Xceltrait Inc. for consideration of $17.85 mn
Coforge Inc., a wholly owned subsidiary of Coforge has agreed to enter into a stock purchase agreement with Xceltrait Inc. and its stockholders to acquire all of the outstanding shares of capital stock of Xceltrait Inc...
EV Maker Nikola Explores Sale, Partnerships With Cash Dwindling
Nikola Corp. is exploring options to stave off a cash crunch, including potentially selling parts or all of the company, according to people familiar with the matter. Other possibilities under consideration include...
DeHaat acquires farm advisory platform AgriCentral
Agritech startup DeHaat has acquired farm advisory platform AgriCentral from Olam Agri through a business transfer agreement (BTA) in an all-cash deal, the companies said without disclosing the financial terms...
Pune court temporarily blocks termination of trademark pacts in Kirloskar dispute
A Pune district court has temporarily restrained Kirloskar Proprietary Ltd (KPL) from terminating its trademark licence and user agreements with Kirloskar Brothers Ltd (KBL). The court’s decision, made on 9...
US car wash operator Spotless Brands explores sale, sources say
The owners of Spotless Brands are exploring a sale that could value the U.S. car wash operator at nearly $3 billion including debt, according to four sources familiar with the matter. The company is working with...
Saudi Arabia’s Elm to buy business services firm from PIF for $906 mln
Saudi Arabian digital security firm Elm Company said on Wednesday that it had agreed to acquire business services firm Thiqah from the kingdom’s Public Investment Fund (PIF) in a deal valued at 3.4 billion riyals...
International Paper to win EU approval for $7.1 billion DS Smith deal
U.S.-based International Paper is set to get EU approval for its 5.8 billion pound ($7.12 billion) purchase of UK rival DS Smith after agreeing to sell assets to address competition concerns, people with direct...
Murugappa Group sets sights on fresh buyouts
The diversified Murugappa Group, which has turned around several distressed companies after acquisition, is open to more buyouts, Vellayan Subbiah, vice chairman of the group’s flagship firm, Tube Investments of...
MRPL acquires 26.96% stake in Mangalore SEZ
The Board of Mangalore Refinery And Petrochemicals at its meeting held on 20 January 2025 has approved the acquisition of 1,34,80,000 equity shares of Mangalore SEZ (MSEZ) from IL&FS at a revised consideration of Rs...
Kretinsky’s EPH among those approached to buy Germany’s Uniper, sources say
Czech billionaire Daniel Kretinsky is among potential suitors approached by Berlin about buying German state-owned utility Uniper, three people familiar with the matter said. Sources have said previously that others...
German cartel office approves Rheinmetall, Leonardo joint venture
Germany’s cartel office approved the establishment of a joint venture between the Duesseldorf-based Rheinmetall and Italy’s Leonardo, the regulator said in a statement on Monday. “Rheinmetall and...
