Brilyant, a global IT systems integrator and enterprise solutions provider, today announced the acquisition of Sugansa’s India operations, marking a strategic move to embed Artificial Intelligence (AI) at the core...
Couche-Tard scraps $47 billion bid for Japan’s Seven & i
Canadian retailer Alimentation Couche-Tard on Thursday pulled its $47 billion bid to buy Seven & i Holdings, citing a lack of constructive engagement by the Japanese retailer. The surprise move ends what could have...
Why crypto giant Tether bought a South American farming company
Crypto powerhouse Tether, the world’s largest digital assets company, is leveraging its recent acquisition of a South American agricultural firm to make a strategic play for the multi-trillion-dollar a year global...
Gerresheimer calls a halt to discussions on potential takeover
German packaging and medical equipment maker Gerresheimer has ended discussions on a potential sale of the company after months of talks since the start of 2025, it said on Wednesday evening. In February the Duesseldorf...
EDF weighs stake sales in North American, Brazilian renewables units
France’s EDF is weighing options to bring in capital to both its North American and Brazilian renewables businesses, a company spokesperson said on Wednesday, which could include stake sales of as much as 50%. The...
UK’s Coats Group to buy footwear insole maker OrthoLite for $770 million
British thread manufacturer Coats Group said on Wednesday it would buy U.S.-based footwear insole maker OrthoLite for $770 million, including debt. The deal is expected to deliver $20 million in annual savings by 2028...
KKR mulls acquisition of healthcare technology firm GPI, Bloomberg News reports
KKR is considering a potential buyout of Italian health-care technology firm GPI SpA, as the U.S. investment firm scouts for takeover targets amid the recent market volatility, Bloomberg News reported on Wednesday. KKR...
UK’s NCC Group weighs sale of cybersecurity arm
UK-based global cybersecurity specialist NCC Group said on Wednesday it is in the early stages of reviewing strategic options for its cyber business, if the sale of its Escode unit goes ahead. The review is at a very...
SMFG said to eye $1.1 billion additional investment in Yes Bank
Sumitomo Mitsui Financial Group Inc. is considering making an additional $1.1 billion investment in Indian lender Yes Bank Ltd., people familiar with the matter said, following a previous investment made by Japan’s...
Dixon Technologies to pick 51 pc stake in Q Tech India
Electronics manufacturing services firm Dixon Technologies (India) Ltd on Tuesday said it has signed a binding term sheet to acquire a 51 per cent stake in Kunshan Q Tech Microelectronics (India). The proposed...
Chinese carmaker Geely to take Zeekr unit private at $6.83 billion valuation
Geely Automobile will take its premium electric vehicle unit Zeekr private at a $6.83 billion valuation, as the Chinese automaker streamlines its business and sharpens its competitive edge. Under the agreement, Geely...
Homegrown private equity firm ChrysCapital scoops up bakery chain Theobroma in ₹2,410-crore deal
Homegrown private equity firm ChrysCapital has agreed to acquire pan-India bakery chain Theobroma Foods for ₹2,410 crore, said people with knowledge of the matter. According to an agreement signed between the parties...
