Strides Arcolab International (SAIL UK), a wholly owned subsidiary of Strides Pharma Science in UK, proposes to acquire balance stake in Strides Global Consumer Healthcare (Consumer UK) from the existing Investor...
Telkom Indonesia taps Goldman, Mandiri to seek strategic investor for data centre business
Indonesia’s state-owned communication giant Telkom Indonesia has appointed Goldman Sachs and Mandiri Sekuritas to help it find a strategic investor for its data centre business, according to a senior company...
Quantum Capital to buy Cogentrix for $3 bln in bets on rising US power demand
Private equity firm Quantum Capital Group will buy U.S. independent power producer Cogentrix Energy for about $3 billion from funds managed by the Carlyle Group, the companies said on Monday. Utilities are attracting...
Sidara drops plans to buy UK’s Wood Group citing geopolitical risks
Dubai’s Sidara said on Monday it was walking away from its plan to buy UK’s John Wood Group, citing rising geopolitical risks and uncertainty in the financial market, prompting the British engineering...
David Beckham-backed Guild Esports set for takeover by US-based DCB Sports
Shares in David Beckham-backed Guild Esports surged more than 54% in early trading on Monday, after the gaming firm said it is planning to agree to a takeover offer from California-based investment management company...
Australia’s Woodside Energy to buy Texas ammonia project for $2.35 bln
Australia’s Woodside Energy said on Monday it will acquire OCI Global’s clean ammonia project in Texas for $2.35 billion as the energy firm advances its transition towards green energy. The acquisition...
L’Oreal acquires 10% stake in dermatology company Galderma
L’Oreal has announced the acquisition of a 10% stake in dermatology solutions provider Galderma Group, the French cosmetics giant said in a statement on Monday. The company acquired the shares from Sunshine...
SocGen to sell UK, Swiss private bank units for about $1 bln
Societe Generale has agreed to sell its British and Swiss private banking units to Switzerland’s Union Bancaire Privee (UBP) for 900 million euros ($984 million) the French bank said on Monday as it speeds up its...
The big picture behind Google’s largest acquisition failure
Two weeks ago, the tech industry was abuzz with the news of Alphabet, Google’s parent, trying to acquire cloud security startup Wiz for around $23 billion. It was to be Alphabet’s largest acquisition ever...
Snickers maker Mars explores acquisition of Kellanova, sources say
Family-owned food giant Mars, whose candy brands include M&M’s and Snickers, is exploring a potential acquisition of Kellanova, maker of snacks such as Cheez-It and Pringles, according to people familiar with...
Data provider Dun & Bradstreet explores sale, sources say
Dun & Bradstreet, a U.S. data and analytics provider that has a market value of more than $9 billion including debt, is exploring options including a potential sale, people familiar with the matter said on Friday...
Iberdrola to buy Britain’s ENWL in $5.4 bln deal
Utility Iberdrola has agreed to buy a majority stake in British power network Electricity North West (ENWL) in a deal valuing the company at roughly 5 billion euros ($5.4 billion) and would boost the Spanish...
