Private equity firm Five Point Infrastructure is in talks to sell Northwind Midstream Partners for about $2.3 billion to U.S. midstream company MPLX, Bloomberg News reported on Wednesday, citing people familiar with the...
Palo Alto Networks in talks to buy CyberArk in deal worth over $20 billion: Report
Palo Alto Networks is in talks to acquire CyberArk Software in a deal that could value the Israeli cybersecurity firm at more than $20 billion, the Wall Street Journal reported on Tuesday, citing people familiar with...
IPO-bound Lenskart buys 80% stake in Spain’s Meller for Rs 407 crore
Eyewear retail chain Lenskart, which has just filed its draft red herring prospectus for a public listing, has acquired an 80% stake in Spanish fashion eyewear brand Meller for Rs 407 crore (approximately €41.5 million)...
Reliance Consumer in talks to acquire majority stake in Baidyanath’s Shunya drinks brand
Reliance Consumer Products (RCPL) is in advanced talks to buy a majority stake in Baidyanath Group-owned Naturedge Beverages’ premium fruit drink brand Shunya, said executives aware of the development. Shunya...
Tata Motors set to acquire Italian truck maker Iveco for $4.5 billion in its biggest deal to date
Tata Motors is all set to buy Italian truck maker Iveco from its principal shareholder, the Agnelli family, for $4.5 billion (3.9 billion, making it the Tata Group’s second-largest acquisition after Corus and the...
Zaggle to acquire digital banking platform Rio Money for Rs 22 crore
Zaggle Prepaid Ocean Services Limited, one of India’s leading spend management companies, is set to acquire a 100% stake in fintech startup Rio Money for Rs 22 crore. With this acquisition, Zaggle plans to foray into...
Union Pacific to acquire Norfolk in $85-billion US railway deal: All about the mega merger
Union Pacific Corp agreed to acquire Norfolk Southern Corp in a cash-and-stock transaction valued at $85 billion. The deal will create a transcontinental rail giant, linking Union Pacific’s extensive western US...
Prosus-owned iFood buys stake in Brazil’s CRMBonus
Brazilian food delivery platform iFood, owned by Dutch investment group Prosus, said in a statement on Tuesday it has taken a 20% stake in technology company CRMBonus. The deal’s price tag and future financial...
Building materials maker CRH to acquire Eco Material for $2.1 billion
Building materials maker CRH said on Tuesday it has agreed to acquire Eco Material Technologies, a supplier of supplementary cementitious materials, for $2.1 billion to expand its presence in North America. Dublin...
Singapore’s Temasek to increase stake in Italy’s Ermenegildo Zegna to 10%
Singapore’s state investment firm Temasek will increase its stake in Ermenegildo Zegna Group to 10%, the companies said on Tuesday, as the Italian luxury fashion house targets a global expansion in the resilient...
Utility Duke Energy to sell Tennessee natural gas business for $2.48 billion
Duke Energy said on Tuesday it would sell its Tennessee natural gas distribution business to Spire for $2.48 billion in cash, as the utility aims to streamline operations and unlock capital to invest in electric grid...
Dye & Durham to consider sale, merger in truce with investor Plantro
Dye & Durham will review strategic alternatives to stabilize its finances and may even consider selling itself, it said on Tuesday, reaching a settlement that avoids a proxy fight with its second-largest investor...
