Reliance Retail Limited, India’s largest retailer, on Monday, announced that it has completed the acquisition of the brand ‘Pahadi Local’ along with the business from Pahadi Goodness Private Limited...
California’s Controlled Thermal Resources to go public in $4.7 billion SPAC deal
California lithium and power developer Controlled Thermal Resources will go public on the Nasdaq through a $4.7 billion merger with blank-check firm Plum Acquisition Corp IV, the companies said on Monday. The listing...
Shell to offload Jiffy Lube to Monomoy Capital for $1.3 billion
Shell said on Monday it will sell its Jiffy Lube lubricant shop chain to an affiliate of private equity firm Monomoy Capital Partners for $1.3 billion, as the oil major continues to shed non-core assets under CEO Wael...
Agilent to acquire Biocare Medical in $950 million all-cash deal
Life sciences firm Agilent Technologies said on Monday that it will acquire privately held clinical pathology firm Biocare Medical in an all-cash deal valued at $950 million. Agilent said Biocare’s tissue...
EQT buys 42% of Kelda Holdings amid UK water sector scrutiny
EQT on Monday said it had agreed to buy a 42% stake in Yorkshire Water’s parent firm Kelda Holdings, one of the sector’s largest recent investments at a time when Britain’s privatised water companies are...
Trump sons-backed Aureus to merge with drone maker Powerus
Aureus Greenway, a golf club company backed by the sons of U.S. President Donald Trump, said on Monday it would merge with Powerus in a deal designed to take the drone technology company public. The transaction is the...
Brazil’s Ultrapar taps BTG for possible Ipiranga stake sale, Chevron interest reported
Brazilian conglomerate Ultrapar has tapped investment bank BTG Pactual to manage the potential sale of a stake in fuel distributor Ipiranga, two people familiar with the process told Reuters on Monday. Earlier in the...
Apollo to close acquisition of Atletico Madrid stake this week, says Expansion
U.S. fund Apollo’s sports investment arm Apollo Sports Capital will complete the acquisition of 55% of Spanish football club Atletico Madrid on March 12, Spanish newspaper Expansion said on Monday, citing...
KKR eyes multibillion-dollar sale of CoolIT Systems, FT reports
U.S. private equity firm KKR is working with advisers on a sale of data center cooling company CoolIT Systems for a price tag potentially exceeding $3 billion, the Financial Times reported on Sunday, citing people...
ICICI Prudential AIF acquires Pune IT park asset to expand yield-focused office portfolio
An alternative investment fund managed by ICICI Prudential Asset Management Company has acquired a grade-A office asset in Pune, expanding its strategy of building a portfolio of income-generating commercial real estate...
Axel Springer buys UK’s Telegraph for $766 million, ending ownership limbo
German media group Axel Springer said on Friday it had agreed to buy Britain’s Telegraph Media Group for 575 million pounds ($766.3 million) in cash, bringing to an end a prolonged period of uncertainty over the...
Buyout group CVC eyes stake in Belgian bank Belfius ahead of possible IPO, sources say
European private equity group CVC is weighing buying a stake in state-owned Belgian bank Belfius ahead of its possible listing, two people familiar with the matter told Reuters. The government is planning to sell a...
