Suraj Estate Developers announced that it has entered into an agreement to acquire a 100% stake in Hally Pacific, to undertake the development of plot situated in Prabhadevi, Mumbai. Hally Pacific incorporated to carry...
ASM Tech inks pact to acquire 20% stake in Myelin Foundry
ASM Technologies announced that it has signed a definitive agreement to acquire 20% stake in Myelin Foundry, with the aim to deploy patented, high-performance AI solutions across advanced engineering design-led...
TXNM Energy gets FERC approval for $11.5 billion Blackstone deal
TXNM Energy on Friday said the U.S. Federal Energy Regulatory Commission (FERC) had authorized the company’s acquisition by Blackstone Infrastructure. Last year, Blackstone agreed to acquire the utility company in...
DAE Capital nears deal to buy aircraft leasing firm Macquarie Airfinance, sources say
Dubai-based aircraft lessor DAE Capital is closing in on a deal to buy control of leasing platform Macquarie AirFinance, two industry sources said. The two firms did not immediately respond to a request for comment. In...
ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports
ConocoPhillips is exploring a sale of some of its Permian Basin assets as part of a broader streamlining of its portfolio, Bloomberg News reported on Friday, citing people familiar with the matter. The assets, picked up...
Toymaker Funko pushed by investor Pleasant Lake to explore strategic options
Pleasant Lake Partners disclosed a roughly 10% stake in toymaker Funko and said the company should consider strategic alternatives, including the possibility of a sale, according to a regulatory filing from Thursday...
Axel Springer backs Dovid Efune’s $675 million Telegraph bid, challenging DMGT offer
Axel Springer is backing a new bid for Britain’s Telegraph Media Group submitted by U.S. publisher Dovid Efune, a spokesperson for the German group and a source said on Friday, challenging DMGT’s proposed...
Philippines’ Aboitiz in talks for majority stake in Fourth Partner
Manila-headquartered Aboitiz Power is in talks to buy a majority stake in Hyderabad-based Fourth Partner Energy which specialises in selling power generated from green energy sources to commercial and industrial...
Arm Holdings shares rise after Nvidia exits its entire $155.8M stake
Arm shares rose more than 1% in premarket trading on Wednesday (February 18) following the disclosure that Nvidia has sold its entire stake in the British semiconductor firm, signaling investor confidence in Arm’s...
Novartis AG to sell entire 70.68% stake for ₹1,445.89 crore in India unit; stock jumps 18%
Novartis India share price surged 18% in intra-day trade on Friday, February 20, after promoter Novartis AG agreed to sell its entire stake in the company, triggering a mandatory open offer and a complete change in...
Johnson & Johnson explores $20 billion sale of orthopedics unit, source says
Johnson & Johnson is preparing a potential sale of its orthopedics unit, in a deal that could top $20 billion, with the company eyeing private equity firms as the most likely buyers, a source familiar with the...
Hims & Hers Health to acquire Australia’s Eucalyptus for up to $1.15 billion
Hims & Hers Health said on Thursday it will acquire Australian digital health company Eucalyptus in a deal valued at up to $1.15 billion, as the U.S. telehealth firm pushes into international markets to expand its...
