Honeywell has purchased one of the energy industry’s largest pump and compressor manufacturers, Sundyne, for $2.16 billion from private equity firm Warburg Pincus, Honeywell said on June 9. The move follows Honeywell’s...
Mizuho to acquire Avendus from KKR at $700 million valuation
Mizuho Financial Group is set to acquire KKR-backed Avendus Capital, valuing the homegrown investment bank at Rs 6,000 crore ($700 million), ending months of protracted negotiations with several twists and turns, said...
Redwing Acquires Assets of Swedish Drone Delivery Startup Aerit, Adding European Entry and ML-Based Flight Routing Capabilities
Redwing, a leading provider of drone-based instant logistics solutions from India, today announced the strategic acquisition of the assets of Aerit, a Swedish drone delivery startup recognized for its advanced...
Aditya Birla Group expands US footprint with acquisition of Cargill’s chemical facility
Aditya Birla Group has made a significant move in the US chemicals industry by acquiring Cargill Incorporated’s specialty chemical manufacturing facility in Dalton, Georgia. This acquisition marks a strategic expansion...
With India’s nod, Omnicom’s IPG acquisition clears 10 of 20 global markets – Exchange4media
In a pivotal development, the Competition Commission of India (CCI) on Tuesday approved Omnicom Group’s proposed acquisition of Interpublic Group (IPG), making India the tenth jurisdiction globally — and the seventh...
Sahyadri Hospitals buyout: EQT, Blackstone-backed Quality Care, IHH & Manipal Hospitals may submit binding bids post
EQT, Blackstone- and TPG-backed platform Quality Care India, Temasek- and Dr Ranjan Pai-led Manipal Hospitals and Malaysia’s IHH are expected to submit final bids post the third week of June for the proposed...
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Zydus to acquire 2 biologics manufacturing units in U.S. from Agenus for $125 million
Zydus said the acquisition, through a subsidiary, will provide access to advanced biologics manufacturing capabilities and establish a key presence in the leading global biotechnology hub of California. Zydus...
Madison acquisition: Havas Chairman says looking at possibilities in every market
A few weeks after reports highlighted a possible interest by top holding companies, Publicis and Havas in acquiring a majority stake in the advertising business of Sam Balsara’s independent media agency Group from...
India outbound could be big: JP Morgan sees surge in global M&A ambitions among Indian firms
Echoing this view, Ravi Shankar, JP Morgan’s co-head of investment banking for India and head of the technology, media, telecom (TMT), and consumer & retail verticals, said capital markets are proving to be...
Herbert Smith Freehills and Kramer Levin launch latest transatlantic merger
June 2 (Reuters) – Herbert Smith Freehills and Kramer Levin have finalized the latest major legal industry merger of recent years, combining to form a 2,700-lawyer firm with over $2 billion in revenue. The merger...
Omnicom-IPG Merger: What happens to their six creative agencies?
The global advertising world is bracing for seismic shifts as Omnicom Group inches closer to acquiring Interpublic Group (IPG), with the merger expected in the latter half of this year. The deal would consolidate two of...
Mapmygenome goes global, acquires Canada’s Microbiome Insights
The acquisition includes Microbiome Insights’ CAP-accredited Canadian laboratory and rich intellectual property, boosting Mapmygenome’s scientific prowess. Mapmygenome, a Hyderabad-headquartered AI-driven genomic and...
