Merit Street Media, the startup founded by celebrity psychologist Phil McGraw, filed for bankruptcy Wednesday in Texas, according to a court filing. The company reported assets and liabilities in the range of $100...
Poland completes negotiations to buy South Korean K2 tanks, agency says
Poland has completed negotiations with South Korea’s Hyundai Rotem to receive a second batch of K2 tanks and plans to sign a contract, South Korea’s defence procurement agency said on Wednesday. The specific...
Bunge completes long-delayed mega-merger with grain handler Viterra
Global agribusiness Bunge Global said it officially closed a long-delayed deal to merge with Glencore-backed Viterra on Wednesday, two years after announcing the $34 billion mega-deal. The merger creates a global crop...
KKR outbids Advent in $6.5 billion battle to buy UK’s Spectris
British scientific instruments maker Spectris has agreed to a takeover offer from U.S. investment firm KKR valuing it at 4.7 billion pounds ($6.46 billion) including debt, and has withdrawn its support for a rival offer...
TotalEnergies sells renewable assets in Portugal, buys them in Dominican Republic
TotalEnergies has sold 50% of its portfolio of renewable assets in Portugal and bought a half of AES’s renewable energy portfolio in the Dominican Republic, it said on Wednesday. The Portuguese assets were sold to...
Adani Properties gets NCLT nod to acquire HDIL’s two assets
The National Company Law Tribunal (NCLT) has approved Adani Properties’ acquisition of two assets of defunct real estate developer Housing Development and Infrastructure (HDIL) through the corporate insolvency...
JM Financial acquires full control of NBFC arm from Moraine Fund
JM Financial on Tuesday said it has acquired the remaining 2.98 per cent stake in its material subsidiary JM Financial Credit Solutions Ltd (JMFCSL) from Moraine Master Fund LP, making the lending arm a wholly-owned...
Emirates NBD eyes RBL Bank stake for India, Asia play
Emirates NBD Bank PJSC, owned by the Dubai government, is exploring the acquisition of a significant minority stake in RBL Bank as it looks to expand its footprint in Asia, said people aware of the matter. The...
Luxmi Group acquires majority stake in UK-based Brew Tea Co
Kolkata-based Luxmi Group, which owns the iconic Makaibari Darjeeling brand, on Tuesday announced that it has acquired a majority stake in UK-based Brew Tea Co, a fast-growing firm which focuses on whole-leaf teas and...
Competition Commission clears Coromandel International’s stake purchase in NACL Industries
Fair trade regulator CCI on Tuesday cleared Murugappa Group firm Coromandel International’s proposal to acquire a stake in NACL Industries. NACL, a listed entity, operates in the agro chemical sector. It offers...
Saraswat seeks RBI approval to acquire New India Cooperative Bank
India’s largest cooperative bank, Saraswat Cooperative Bank, has sought central bank approval to acquire New India Cooperative Bank Ltd, a senior management official stated on Tuesday. If the Reserve Bank of India...
Grammarly to acquire email startup Superhuman in AI platform push
Grammarly has signed a deal to acquire email efficiency tool Superhuman as part of the company’s push to build an artificial intelligence-powered productivity suite and diversify its business, its executives told...
