Hazoor Multi Projects Ltd. (HMPL), one of India’s fastest-growing infrastructure and engineering enterprises, is pleased to announce the successful acquisition of Quippo Oil & Gas Infrastructure Ltd. (Quippo)...
Aurionpro Solutions acquires Melbourne-based InfraRisk
Aurionpro Solutions announced its acquisition of InfraRisk, a software firm specializing in lending solutions for banks and financial institutions. This strategic acquisition strengthens Aurionpro’s Integro...
Disney’s ESPN to acquire NFL media assets in major deal
Walt Disney’s ESPN has reached a landmark deal with the National Football League to acquire NFL Network and other media assets from the league in exchange for the NFL taking a 10% equity stake in the sports...
Lufthansa abandons process to buy stake in Spain’s Air Europa
Lufthansa has abandoned its plan to bid for a stake in Spanish airline Air Europa, a spokesperson for the German group said on Tuesday, only a week after Air France-KLM announced it was also dropping out of the process...
Modular building startup Boxabl to list on Nasdaq in $3.5 billion SPAC deal
Modular building startup Boxabl will go public in the U.S. through a $3.5 billion merger with special purpose acquisition company FG Merger II, the companies said on Tuesday. Modular housing is widely recognized for its...
Marfrig, BRF shareholders approve merger deal
Shareholders in Marfrig and BRF approved on Tuesday the proposed merger between the two Brazilian food processors, the firms said in a joint securities filing. The approval placed the deal one step closer to completion...
Electric air taxi company Joby to acquire Blade Air’s passenger business
Joby Aviation will acquire helicopter ride-share company Blade Air Mobility’s passenger business for up to $125 million, Joby said Monday, as it works to speed the deployment of electric air taxis for commercial...
Ananta Capital acquires majority stake in Rubans, one of India’s fastest-growing fashion jewellery brand
Ananta Capital has completed the acquisition of a majority stake in Fonte Fashions India Private Limited, the parent company of Rubans, a digitally native, fast-growing fashion jewellery brand redefining affordable...
China’s Ant Group to exit Paytm: Report
China’s Ant Group will exit Indian payments firm Paytm by selling its remaining equity stake in block deals that could total $433.72 million, according to a term sheet seen by Reuters on Monday. Ant, an affiliate...
Antfin to likely sell entire 5.84% stake in Paytm at Rs 3,800 crore via block deal: Report
Ant Group affiliate Antfin (Netherlands) Holding B.V. is likely to sell its entire 5.84% stake in One 97 Communications via block deal on Tuesday, according to a report. The floor price has likely been set at Rs 1,020...
Bosch acquires majority stake in JCHAI, becomes major player in India’s AC market
Robert Bosch Gmbh is set to get a bigger foothold in India’s home appliances market, with the German giant taking control of AC maker Johnson Controls-Hitachi Air Conditioning India (JCHAI). Bosch bought a 74.2%...
HNI Corp to buy office furniture maker Steelcase for $2.2 billion; bets on return-to-office move of companies
HNI has agreed to buy office furniture maker Steelcase in a deal worth about $2.2 billion, it said on Monday, as it looks to capitalize on more companies asking employees to return to office. HNI’s shares fell 25%...
