Tata-owned Titan Company Ltd on Monday announced acquisition of 67% stake in Dubai-based luxury jewellery retailer Damas LLC (UAE) for $283.2 million (around Rs 2435.5 crore) in an all-cash deal to expand its presence...
CJI to Form Bench on JSW, lenders’ plea against Bhushan Power liquidation
Chief Justice of India BR Gavia on Monday said he will soon constitute a bench to hear review petitions filed by JSW Steel and lenders of Bhushan Power and Steel (BPSL) against the Supreme Court’s May 2 judgment that...
Abu Dhabi Investment Authority to buy 3% stake in Micro Life Sciences for $200 mn
Abu Dhabi Investment Authority on Monday said it will acquire a 3 per cent stake in medical devices firm Micro Life Sciences Pvt Ltd (Meril) for USD 200 million. A wholly-owned subsidiary of Abu Dhabi Investment...
Australia’s Insignia agrees to $2.2 billion CC Capital bid, below peak offer
Australia’s Insignia Financial on Tuesday agreed to an A$3.3 billion ($2.15 billion) takeover by investment manager CC Capital Partners, marking the end of a protracted takeover rally that saw the final offer come...
Apax Partners to buy Apax Global Alpha in $1.1 billion deal
London-based private equity firm Apax Partners has agreed to acquire Guernsey-based investment company Apax Global Alpha (AGA) for about 916.5 million euros ($1.07 billion), the companies said on Monday. Shares of the...
GE Vernova to buy France’s Alteia for enhancing AI tools for utilities
Power equipment maker GE Vernova will buy France-based Alteia, which makes artificial intelligence-based tools that allow utility companies to review their grids, it said on Monday. GE Vernova already offers...
Adevinta sells its Spanish business to Sweden’s EQT for $2.3 billion
Norwegian online classifieds group Adevinta said on Monday it had sold its Spanish business to Swedish private equity firm EQT to focus more on its remaining European units. The deal gave the Spanish business an...
Jungheinrich signs deal to sell Russian unit, adjusts forecast for 2025
German forklift truck maker Jungheinrich said on Monday it had agreed to sell its Russian unit to a Russian financial investor and asset manager, and was cutting its full-year profit forecast as a result. Due to the...
Safran finalises acquisition of Collins Aerospace flight controls business
French engine and aircraft equipment maker Safran said on Monday it had finalised the acquisition of flight control and actuation activities from Collins Aerospace. Safran, which also makes landing gear, brakes and...
Merz says Berlin still considering stake in TenneT’s German business
German Chancellor Friedrich Merz said on Monday the government had not yet decided whether it would take a stake in the German division of state-owned Dutch power grid operator TenneT and was still in talks with the...
Brookfield, EQT close in on Gland Pharma, but rising stock a pain
Buyout groups Brookfield and EQT are in active discussions to buy Hyderabad-based Gland Pharma, a contract development and manufacturing organisation (CDMO) and injectables company, from China’s Fosun Group in what...
JSW Paints seeks CCI nod to acquire majority stake in Akzo Nobel India for Rs 12,915 cr
Sajjan Jindal-led JSW Paints has sought approval from the Competition Commission of India (CCI) to acquire a majority stake in Dutch paint maker Akzo Nobel’s India unit in a Rs 12,915-crore deal. The development...
