US Foods Holding Corp. approached Performance Food Group Co. to explore the merits of a combination and its invitation was declined, according to US Foods Chief Executive Officer Dave Flitman. “We believe that a...
Paramount closes $8 billion merger with Skydance after settling ’60 Minutes’ lawsuit
Paramount Global and Skydance Media completed their $8.4 billion merger on Thursday, capping a drawn-out deal process marked by political scrutiny and shareholder concerns. Renamed “Paramount Skydance Corp”...
US startup Lyten to buy bankrupt European battery maker Northvolt
U.S. battery startup Lyten has agreed to buy most of bankrupt Swedish battery maker Northvolt, it said on Thursday, potentially offering a way back for the European company that was once seen as the region’s...
ConocoPhillips to sell Anadarko assets for $1.3 bln; profit beats estimates
ConocoPhillips will sell its Anadarko Basin assets for $1.3 billion, the company said on Thursday, as it sheds non-core acreage following the Marathon Oil acquisition to reduce debt and focus on higher-margin basins...
IFX Payments’ Argentex takeover deal terminated
The previously announced acquisition of Britain’s Argentex by cross-border payments provider IFX Payments has been terminated after the currency risk management business entered administration last month, the...
Ripple to buy stablecoin platform Rail for $200 million
Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks after U.S. President Donald Trump signed a law that raised expectations cryptocurrency tokens are about to enter...
UnitedHealth to sell off 164 locations to settle US challenge to Amedisys deal
UnitedHealth Group has agreed to sell off 164 hospice and home health locations to resolve U.S. antitrust concerns over its $3.3 billion acquisition of Amedisys, the U.S. Justice Department said on Thursday. The Justice...
Cosco seeks at least 20% stake in $23 billion Panama Canal ports deal, FT reports
China’s state-owned shipping giant Cosco aims to secure at least 20%-30% stake in a $23 billion ports deal involving strategic assets in the Panama Canal, as Beijing moves to renegotiate the terms of a sale...
Orchid Pharma gets formal nod from Court of France for Allecra Therapeutics acquisition
Orchid Pharma said that the Court of France has pronounced the order in favour of the company, to acquire the assets of Allecra Therapeutics SAS with effect from 01 August 2025. On 30 July 2025, the company had...
GTPL completes acquisition of bal 49% stake in GTPL Vision
GTPL Hathway has completed the acquisition of balance 49% of equity stake i.e. 1,00,000 equity shares of Rs. 10/- each from the existing shareholders of GTPL Vision Services (GTPL Vision), a subsidiary of the Company...
Board of Uno Minda gives in-principal approval for acquisition of stake in JV
The Board of Uno Minda at its meeting held on 06 August 2025 has in-principal approved the acquisition of equity shares in one or more tranches in Uno Minda Buehler Motor, a Joint-Venture (‘JV’) Company...
Blackstone clinches $6.5 billion Enverus deal
Blackstone, the world’s largest alternative asset manager, has agreed to buy energy data and analytics provider Enverus, it said in a statement on Wednesday, as dealmaking in the private equity sector shows signs...
