Fair trade regulator CCI on Tuesday cleared Singapore’s sovereign wealth fund GIC’s proposed acquisition of a 2.14 per cent stake in IPO-bound Billionbrains Garage Ventures, the parent company of investment...
PDS arm inks pact to acquire 60% stake in GSC Link
PDS said that its step-down wholly owned subsidiary, PDS Sourcing has entered into share subscription agreement to acquire 60% stake in GSC Link (GSCL) for total consideration of Rs 10.25 crore ($1.20 million). GSCL is...
Adani group acquires 85% stake in MRO firm Air Works for ₹400 crore
Adani Enterprises Limited (AEL) has completed the acquisition of an 85.1 per cent stake in Air Works India (Engineering) Pvt. Ltd (AWIEPL) through its wholly owned subsidiary, Adani Defence Systems and Technologies...
Santander bolsters presence in UK with acquisition of TSB for $3.64 bln
Spain’s Santander on Tuesday said it had reached an agreement to acquire smaller rival Sabadell’s British unit TSB for initially 2.65 billion pounds ($3.64 billion) in an all-cash deal, subject to approval...
KKR to acquire Australian chicken grower ProTen from Aware Super
Private equity group KKR will acquire ProTen, one of Australia’s largest broiler chicken growers, from pension fund Aware Super, the parties said in a joint statement on Wednesday without disclosing financial...
Boeing set to acquire Spirit’s Northern Ireland plant, spokesperson says
Boeing is set to take over the non-Airbus portion of Spirit AeroSystems’ operations in Belfast, Northern Ireland, after attempts to find a buyer for the site fell through, a Spirit spokesperson said on Tuesday. In...
Italy’s Berlusconi family sells Monza to U.S-based fund Beckett Layne
The Berlusconi family has agreed to sell soccer club AC Monza to U.S.-based investment firm Beckett Layne Ventures, it said in a statement on Tuesday, marking the end of an era for one of the big backers of the sport in...
Intralot to buy Bally’s International Interactive unit in deal valued at 2.7 billion euros
Greek gaming firm Intralot said on Tuesday it would acquire Bally’s International Interactive business in a cash-and-stock deal, valuing the unit at 2.7 billion euros ($3.18 billion). The deal will expand...
Blackstone to consider options for UK’s Warehouse REIT bid
Blackstone said on Tuesday it was considering its options regarding its bid for UK’s Warehouse REIT after its takeover target agreed to a 485.2 million pound ($666.8 million)deal with Tritax Big Box REIT last week...
Torrent Pharma set to finalise JB Chemicals buyout in 15-18 months
Ahmedabad-based drug maker Torrent Pharmaceuticals will complete its acquisition of JB Chemicals & Pharmaceuticals in the next 15-18 months subject to key regulatory approvals, a top company executive said in an...
Japan’s SMBC seeks CCI nod to acquire 20 pc stake in Yes Bank
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has sought clearance from the fair trade regulator CCI to acquire a 20 per cent stake in private sector lender Yes Bank. The development came after State Bank of...
Inox Neo Energies acquires Skypower Solar India
Inox Clean Energy on Monday said its arm, Inox Neo Energies, has completed the acquisition of Skypower Solar India for an enterprise value of Rs 265 crore. Skypower Solar India has a portfolio comprising 50 MW (AC)/ 57...
