Barrick Mining said on Monday it will sell its interests in the Tongon gold mine and certain assets in Ivory Coast to Atlantic Group for up to $305 million as the Candian miner looks to strengthen its balance sheet...
Ares Management buys stake in EDPR assets in about $2.9 billion deal
Ares Management said on Monday that a fund managed by its Infrastructure Opportunities unit has acquired a 49% stake in a diversified U.S. renewable energy platform from EDP Renovaveis (EDPR), valuing the business at...
Chart Industries backs sale to Baker Hughes for $13.6 billion
Chart Industries said on Monday that its shareholders voted to approve the company’s acquisition by Baker Hughes. In July, Baker Hughes said it would buy Chart Industries in a $13.6 billion all-cash deal...
Former ArcelorMittal deal whiz Sudhir Maheshwari buys Gujarat met coke unit
A dealmaker who helped Lakshmi Mittal list his company in 1997 and raise multi-billion-dollar financing to acquire Arcelor in 2006 is now looking to make a bet on the Indian steel industry. Sudhir Maheshwari-led Synergy...
OpenAI acquires AI-led finance app Roi in personalisation push
OpenAI has acquired an artificial intelligence (AI)-powered finance app, Roi, the Verge reported on Friday. The terms of the deal were not disclosed. TechCrunch reported the recent acquisition, announced by chief...
Indian fintech Pulse to acquire UK’s Nucleus for Rs 500 crore
Mumbai-based data and Saas company Pulse has acquired UK-based Nucleus Commercial Finance, a digital originator and servicer of SME loans, at an estimated valuation of Rs 450-500 crore, said people familiar with the...
Omkara buys World Wind India debt for Rs 1,225 cr
Omkara Asset Reconstruction Co has acquired the debt of Wind World India from the National Asset Reconstruction Co (NARCL) for Rs 1,250 crore. NARCL had originally purchased the debt of Rs 3,763 crore about 18 months...
Biotique looks to offload 10% stake via IPO next year
Beauty and personal care products maker Biotique plans to dilute 10% equity as part of its public listing planned for next year, for which it intends to raise $300 million, the company’s founder Vinita Jain said...
Flipkart to offload entire stake in Aditya Birla Lifestyle via Rs 950 crore block deal
Flipkart Investments is set to exit its entire 6% stake in Aditya Birla Lifestyle Brands Ltd (ABLB) through block deals worth around Rs 950 crore, according to a CNBC Awaaz report. The sale will involve 7.3 crore shares...
Synechron Acquires Three Firms, Creating Largest Global ServiceNow Practice in Banking and Financial Services Sector
Synechron, a leading global digital transformation consulting firm, today announced the formation of a new global ServiceNow business via the acquisitions of RapDev, Calitii and Waivgen. * With the additions of RapDev...
Chevron puts $2 billion Colorado pipeline assets for sale, sources say
Chevron is selling a collection of pipeline assets in the Denver-Julesburg shale basin that are likely to fetch more than $2 billion, people familiar with the matter said. Investment bankers at Bank of America have been...
White Mountains to sell insurance agency Bamboo to CVC in $1.75 billion deal
White Mountains Insurance said on Friday it would sell a controlling interest in insurance distribution platform Bamboo to European private equity firm CVC in a deal that values the company at $1.75 billion. Shares of...
