New York City live music venue operator Avant Gardner has filed for bankruptcy protection after difficulties re-opening its flagship outdoor stage, the Brooklyn Mirage, following a major renovation. The Brooklyn Mirage...
Singapore’s CapitaLand Integrated to acquire remaining stake in CapitaSpring
Singapore’s CapitaLand Integrated Commercial Trust said on Tuesday that it would buy the remaining 55% stake in CapitaSpring from CapitaLand Development and Mitsubishi Estate on an agreed property value of S$1.05...
Amphenol to buy CommScope unit in $10.5 billion broadband connectivity deal
Amphenol on Monday entered a $10.5 billion deal to buy CommScope’s connectivity and cable solutions unit, the largest purchase by the fibre-optic cable maker that would make it a key player in the market for U.S...
Eric and Trump Jr-backed manufacturing SPAC files for $300 million US IPO
New America Acquisition I Corp, a blank-check firm backed by Eric Trump and Donald Trump Jr., filed on Monday for an initial public offering of up to $300 million in the United States. The move is the latest in a series...
Owner of Price Chopper and Tops Friendly Markets explores sale, sources say
Northeast Grocery, Inc., the parent company of Price Chopper and Tops Friendly Markets, is exploring a sale, according to three people familiar with the matter. The company is working with investment bank UBS on the...
Genstar explores $5 billion sale of automotive software maker OEConnection, sources say
Genstar Capital is exploring a sale of OEConnection, which it aims to value the automotive software provider also backed by Ford and General Motors at as much as $5 billion, including debt, people familiar with the...
Kothari Industrial Corporation acquires Zodiz, Jeetlo to strengthen mass footwear presence
KICL, the flagship company of the diversified D C Kothari Group, acquired footwear brands Zodiz and Jeetlo for an undisclosed sum, further expanding its presence in the mass-market footwear segment, an official said...
IFL Enterprises board approves 12% stake purchase by Uniqube Global
Agri commodity exporter IFL Enterprises on Friday said its board has approved a proposal from Singapore-based UNIQUBE Global Managed Services to acquire a 12% stake in the company. “The board in its meeting held...
Saraswat Bank gets RBI nod for merger with NICBL
The country’s largest cooperative bank Saraswat Co-operative Bank received the Reserve Bank of India’s approval to merge New India Co-operative Bank (NICBL) with itself, sources privy to the development said...
NCLT excludes Phoenix ARC from Committee of Creditors in Hotel Horizon case
The National Company Law Tribunal (NCLT) has partially allowed the application filed by the suspended promoters of Hotel Horizon, directing the exclusion of asset reconstruction company Phoenix ARC’s claim from the...
Manipal Hospitals seeks CCI nod to acquire Sahyadri Hospitals for about Rs 6,400 cr
Healthcare major Manipal Hospitals has sought approval from the fair trade regulator CCI to acquire Pune-based Sahyadri Hospitals from global investor Ontario Teachers’ Pension Plan Board in a deal pegged at...
Mahindra & Mahindra acquires majority stake in SML Isuzu for Rs 555 cr
Mahindra & Mahindra (M&M) has acquired 58.96% controlling stake in SML Isuzu with a total investment of INR 555 crore. SML Isuzu Ltd. will be renamed to ‘SML Mahindra Limited’ after regulatory approvals...
