Spanish bank BBVA said on Monday it had raised its bid for smaller rival Sabadell by 10% to 17 billion euros ($19.95 billion), as part of its attempt to create the country’s second-biggest bank by assets. BBVA...
Heineken to buy FIFCO businesses for $3.2 billion in Central America push
Dutch brewer Heineken said on Monday it will buy the beverage and retail businesses of Costa Rica’s Florida Ice and Farm Company for $3.2 billion in cash, boosting its presence across Central America. Heineken...
KBC says it’s only exploring Ethias acquisition after report on potential ABN Amro deal
KBC Group said on Monday it is only exploring an acquisition of insurer Ethias NV after Bloomberg News reported that the Belgian lender was mulling a deal for Dutch rival ABN Amro Bank. “We are continuously...
Ramaswamy-backed Strive to buy Semler in $1.3 billion deal all stock deal, boosting Bitcoin holdings
Strive said on Monday it will acquire Semler Scientific in an all-stock deal valued at about $1.34 billion, as the bitcoin-treasury company backed by former Republican U.S. presidential candidate Vivek Ramaswamy moves...
Mubadala explores selling all Getir stakes in Turkey, sources say
Abu Dhabi sovereign wealth fund Mubadala, the top shareholder in Turkish delivery company Getir, is exploring exiting all its Getir investments in Turkey including its financing and car rental businesses, according to...
Real estate brokerage Compass to buy rival Anywhere in $4.2 billion deal
Compass, the largest U.S. residential real estate broker, is set to buy Anywhere Real Estate in a deal valued at $4.2 billion, as it looks to strengthen its portfolio amid rising competition in the stagnating housing...
Singapore’s Keppel DC REIT to buy Tokyo data centre for $555 million with parent Keppel
Singapore-listed data centre real estate investment trust Keppel DC REIT said on Monday it will buy a data centre in Tokyo with parent Keppel for 82.1 billion Japanese yen ($555.29 million). Keppel DC REIT will hold a...
PE fund KKR closes third buy in Kerala, at Meitra Hospital
Global private equity firm KKR, which had notched a fivefold return in its exit from Max Healthcare, is doubling down on its hospital bets in South India. In its latest move, KKR-owned Kerala hospital chain Baby...
Waaree Energies to pick up 76% in smart electric meters company Racemosa for Rs 53 crore
Solar PV module maker Waaree Energies on Friday said it will acquire a 76% stake in Racemosa Energy India for ₹53 crore. Founded in 2018, Racemosa Energy India is a Maharashtra-based manufacturer of smart electric...
Piramal Enterprises sets record date for merger; shareholders to get Piramal Finance shares
Piramal Enterprises (PEL) has announced September 23 as the record date for its merger with Piramal Finance (PFL). From this date, trading in PEL securities will cease, and shareholders listed in the company’s register...
NBFC Dhruva Capital announces merger with microlender Vector Finance
Non-banking financial company Dhruva Capital Services Ltd on Friday announced its strategic merger with Vector Finance, marking its entry into the microfinance business. The merger, approved by its board, will be...
NTPC looks to acquire uranium assets overseas to ensure fuel for future nuclear projects
Home-grown power giant NTPC, which is diversifying into clean energy generation, looks to acquire uranium assets overseas to ensure fuel availability for its future nuclear projects, according to a company official...
