Israeli software provider Sapiens International said on Wednesday that it will be acquired by Advent International for $2.5 billion in cash, as the U.S. private equity firm zeros in on the insurance industry amid an AI...
Intas Pharma completes acquisition of UDENYCA biosimilar for $558 million
Intas Pharma has completed the acquisition of UDENYCA for $558 million, the company said in a release. UDENYCA is a biosimilar to Neulasta or Pegfilgrastim. It is used to treat side effects of radiation therapy in...
Tilaknagar Industries in talks to raise Rs 2,000 cr for Imperial Blue deal
Tilaknagar Industries, the maker of Mansion House brandy, is in talks with Standard Chartered, JP Morgan, and Nomura to raise about Rs 2,000 crore in debt to help finance its Rs 4,150-crore purchase of the Imperial Blue...
M&A activity drops 17 pc to $50 billion in January-June 2025
Mergers and acquisitions activity dropped to USD 50 billion in the first half of 2025, down 17 per cent when compared with the year-ago period, a report said on Tuesday. When compared with the July-December 2024 period...
Nykaa to acquire balance 40% stake in Nudge Wellness for Rs 15 lakh
Beauty and fashion brand Nykaa is set to acquire the remaining 40% stake in nutrition brand Nudge Wellness, the platform announced during its April to June quarter results. In 2022, Nykaa had acquired a 60% stake in...
Foseco in talks to acquire Morganite Crucible
Foseco is in talks to acquire Morganite Crucible in a cash and stock deal, according to sources aware of the matter. ET could not ascertain the value of the deal. The deal if it concludes will bring together the Indian...
Cenovus in talks with Canadian Indigenous groups to buy MEG Energy, Bloomberg News reports
Cenovus Energy is in talks with Canadian Indigenous groups to jointly buy MEG Energy, Bloomberg News reported on Tuesday, citing people familiar with the discussions. A group of First Nations and Metis communities...
UK’s Assura shareholders back PHP’s bid over KKR’s cash offer
Primary Health Properties said on Tuesday it had secured acceptances for 62.9% of Assura shares in its takeover bid for the British healthcare real estate investor, a rare show of investor support in the UK markets amid...
Canadian real estate software provider Altus Group explores sale, sources say
Altus Group, a Canadian software and data analytics provider focused on the real estate industry, is exploring a potential sale after receiving inbound acquisition interest, two people familiar with the matter said on...
Canada’s Gildan nears deal to buy Hanesbrands at about $5 billion valuation, source says
Canada’s Gildan Activewear is nearing a deal to buy Hanesbrands, potentially valuing the U.S. innerwear-maker at about $5 billion, including debt, according to a person familiar with the matter. The talks are at...
Ecolab to acquire Ovivo unit for $1.8 billion to enhance water tech amid AI-driven cooling demand
Ecolab said on Tuesday it would buy Ovivo’s electronics unit for about $1.8 billion in cash to expand its ultra-pure water technology for semiconductor manufacturing, as demand for advanced microchips and AI grows...
Cardinal Health to buy Solaris Health for $1.9 billion, posts weak results
Cardinal Health said on Tuesday it will buy healthcare management firm Solaris Health for $1.9 billion in cash, as the drug distributor looks to expand its specialty business. Shares of Ohio-based Cardinal fell nearly...
