Australia’s Insignia Financial said on Thursday that it has extended the exclusivity period by four weeks for both its bidders, Bain Capital and CC Capital Partners, to consider their proposals to acquire the...
Stellantis-backed Comau buys logistic automation firm Automha
Italy-based robotic company Comau signed a binding agreement to acquire full control of Automha, an Italian firm operating in the logistic automation sector, from current owner Trasma, the three companies said on...
Two funds managed by UK’s Foresight Group LLP to buy Harmony Energy in $278 million deal
Two funds managed by British investment manager Foresight Group LLP said on Wednesday they would buy battery storage investment firm Harmony Energy Income Trust in a deal that values the company at about 209.9 million...
Competition Comm okays Aster DM Healthcare-QCIL proposed merger
The Competition Commission of India (CCI) on Tuesday cleared the proposed merger of Aster DM Healthcare and Quality Care India, and the merged healthcare entity will be named Aster DM Quality Care. Aster is a healthcare...
Meta’s Zuckerberg eyed Instagram spinoff amid antitrust scrutiny, document shows
Meta CEO Mark Zuckerberg considered spinning off popular photo-sharing app Instagram in 2018 over concerns about the growing risk of antitrust scrutiny, according to a document shown at a trial in Washington on Tuesday...
Banknote printer De La Rue backs $347 million offer from U.S. firm Atlas
British banknote printer De La Rue on Tuesday backed a $347 million takeover bid by U.S. buyout firm Atlas Holdings, offering a 16% premium over Monday’s closing price, and snubbed a higher, preliminary offer from...
KKR to acquire German IT firm Datagroup for about $500 million
Frankfurt-listed IT services provider Datagroup said on Tuesday that it had entered into an all-cash acquisition agreement with U.S.-based private equity firm KKR, valuing the company at about 450 million euros ($508.32...
Kuwait commences merger of state oil firms KNPC and KIPIC, Kuna reports
Kuwait has begun taking executive steps to merge two of its state-owned oil firms, news agency Kuna reported on Tuesday, as the OPEC producer seeks to restructure its energy industry. Kuwait National Petroleum Company...
UK’s Haleon takes full control of Chinese consumer healthcare venture
British consumer healthcare group Haleon on Tuesday said it gained full control of its Chinese joint venture after acquiring Tianjin Pharmaceutical Da Ren Tang’s 12% stake for about 1.62 billion yuan ($221.4...
Intel to sell majority stake in Altera for $4.46 billion to fund revival effort
Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move under new CEO Lip-Bu Tan to revive the struggling American chipmaker...
Warner Bros Discovery decides against sale of Polish broadcaster TVN
Warner Bros Discovery has decided not to sell Polish broadcaster TVN, it said on Monday, drawing a line under speculation surrounding the future of the company, which is considered strategic by the Polish government...
Kodiak Robotics to go public in SPAC deal valuing firm at $2.5 billion
Autonomous truck technology firm Kodiak Robotics said on Monday it plans to go public in the U.S. later this year through a merger with blank-check company Ares Acquisition Corp II, valuing Kodiak at $2.5 billion. The...
