Australia’s competition watchdog said on Thursday that it would not oppose Lactalis’ proposed acquisition of New Zealand-based Fonterra Co-Operative Group’s consumer, dairy ingredients and food service...
Sunnova to sell part of solar panel business to Omnidian for $7 million
Sunnova Energy said on Wednesday that it has agreed to sell a portion of its residential solar installation business to Omnidian for $7 million in cash, along with the assumption of certain liabilities, as part of a...
US Midwest coffee chain Scooter’s Coffee explores sale, sources say
Drive-through coffee chain Scooter’s Coffee is exploring a sale that could value the privately owned company at close to $1 billion, according to four sources familiar with the matter. Omaha, Nebraska-based...
Asian Paints sells entire stake in Akzo Nobel India
Asian Paints said on Wednesday it sold its entire 4.42% stake for 7.34 billion rupees ($85.69 million) in smaller rival Akzo Nobel India via bulk deals. Asian Paints, India’s largest paintmaker by market share...
Merck to acquire Verona Pharma for $10 billion
Merck will buy UK-based Verona Pharma for about $10 billion, the companies said on Wednesday, strengthening the U.S. firm’s presence in respiratory treatments as it readies for the patent expiry of its blockbuster...
360 ONE group gets CCI nod to acquire certain businesses of UBS
Fair trade regulator CCI on Tuesday approved 360 ONE group’s proposal to acquire certain businesses of Switzerland-based multinational investment bank UBS AG. “The proposed combination comprises acquisition...
CCI okays Kedaara Capital’s proposal to acquire stake in Porter
The Competition Commission of India (CCI) on Tuesday cleared a proposal by private equity firm Kedaara Capital to acquire a stake in SmartShift Logistics Solutions, the parent company of on-demand logistics-turned...
Legal talent solution provider Counselect acquires Lawmetrik to target legal department modernisation
Bengaluru-headquartered Counselect, a legal talent solutions provider offering flexible secondments and project-based engagements, has acquired legal value optimisation and managed service provider Lawmetrik for an...
Merck nears $10 billion deal for respiratory drugmaker Verona, FT reports
Merck is nearing a roughly $10 billion deal to buy lung disease-focused biotech Verona Pharma, the Financial Times reported on Wednesday. Merck would pay $107 per American depository share for Verona, the report said...
Royal Gold to acquire Canada’s Sandstorm Gold for $3.5 billion
Royal Gold said on Monday it will acquire Canadian peer Sandstorm Gold for about $3.5 billion, helping the royalty firm strengthen its position in North America at a time when bullion has soared to record highs...
Italy’s UniCredit doubles equity stake in Germany’s Commerzbank to 20%
UniCredit increased its shareholding in Commerzbank to 20%, giving the Italian lender a bigger stake in the German competitor as it seeks to win over opposition to a possible takeover of the rival. UniCredit converted...
CoreWeave to acquire crypto miner Core Scientific
CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, it said on Monday, as AI infrastructure firms race to secure the energy and data centre capacity needed to power surging...
