Dr Reddy’s Laboratories on Thursday announced the completion of a definitive transaction with Johnson & Johnson to acquire the Stugeron brand across the EMEA regions, with India and Vietnam as key markets...
Adani Ports acquires 100% stake in Dependencia Logistics
Adani Ports and Special Economic Zone said that its step down subsidiary Mandhata Build Estate has executed a share purchase agreement (SPA) with Windson Projects LLP for acquiring 100% stake in Dependencia Logistics...
Paramount Skydance preparing bid for Warner Bros Discovery, source says
Paramount Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday, potentially bringing together two storied Hollywood studios and reshaping the entertainment...
GE Vernova to sell Proficy to TPG for $600 million, shifts focus to grid software
GE Vernova said on Thursday it will sell its Proficy industrial software unit to private equity firm TPG for $600 million and reinvest the proceeds in grid software. Proficy, which accounts for about 20% of GE Vernova’s...
Carlyle, EQT, HongShan among final bidders for Starbucks China, sources say
Global investment firms Carlyle Group and EQT, alongside regional players HongShan Capital Group and Boyu Capital, are preparing final offers for a controlling stake in Starbucks’ China operations, said five...
Private equity firm Advent to sell generic drugmaker Zentiva to GTCR
Czech generic drugmaker Zentiva said on Thursday that private equity group Advent International had agreed to sell the company to rival GTCR for an undisclosed value. The deal values the Prague-based company at slightly...
Indonesian energy firm Pertamina to merge refinery, shipping, retail operations
Indonesian state energy firm PT Pertamina will merge the operations of its refinery, shipping and retail units to improve efficiency in its core business, CEO Simon Aloysius Mantiri said on Thursday. “We will...
Technip Energies buys Ecovyst’s Advanced Materials & Catalysts business for $556 million
French energy infrastructure company Technip Energies said on Thursday it had agreed to buy U.S.-based chemicals group Ecovyst’s Advanced Materials & Catalysts business for $556 million, sending its shares up...
France’s Artemis won’t exit Puma stake at current value, source says
Artemis, the Pinault family’s holding that controls Gucci-owner Kering, will not sell its 29% stake in sports brand Puma at the current market value and is not engaged in talks over a deal, a source close to the...
IDBI Bank moves NCLT with fresh insolvency plea against Zee Entertainment
IDBI Bank has filed a fresh plea in the National Company Law Tribunal (NCLT) seeking insolvency against media and entertainment firm ZEE. In its petition at the Mumbai bench of NCLT, IDBI Bank, claiming to be a...
Minute Media acquires video editing software startup VideoVerse
Minute Media, a global sports publishing and ad technology platform, has acquired Alpha Wave Global-backed video editing software startup VideoVerse, the company said on Tuesday. With this acquisition, Minute Media...
Samvardhana Motherson rises 3% on acquiring remaining 25% stake in two arm
Samvardhana Motherson International shares rose 3.3 per cent on Wednesday and logged an intra-day high at ₹102.19 per share on BSE. At 11:13 AM, on BSE, Samvardhana Motherson International’s share price was up 2.69 per...
