A KKR-led consortium is nearing a deal to buy ST Telemedia Global Data Centres, which would value the company at more than S$13 billion ($10.22 billion), the Wall Street Journal reported on Saturday, citing people...
Groww among bidders for Prudential’s India asset management firm
Prudential Financial’s India asset manager has received offers from at least two local bidders, according to people with knowledge of the matter. State Street Investment Management-backed Groww Asset Management...
Aditya Birla Group among top 4 in Sprng Energy race
Aditya Birla Group has joined National Investment and Infrastructure Fund (NIIF), KKR and Sembcorp in the race to acquire renewable energy platform Sprng Energy from the UK-headquartered Shell, multiple people in the...
GIC, Mubadala in talks to join KKR’s $10 billion deal to acquire STT GDC
GIC Pte and Mubadala Investment Co. are in talks to join KKR & Co. and Singapore Telecommunications Ltd. in their potential purchase of data center operator STT GDC Pte, people familiar with the matter said, in what...
Capgemini to Divest US Unit Criticized for Contracts With ICE
French IT services provider Capgemini SE plans to sell a US-based unit that’s facing scrutiny over its contracts with US Immigration and Customs Enforcement. The company said it would initiate the sale process of the...
Bain Capital finalises plans to acquire FineToday Holdings in $1.29 billion deal, Nikkei reports
Bain Capital has finalised plans to acquire FineToday Holdings, the Japanese personal-care company behind the Tsubaki shampoo brand, in a deal expected to be worth around 200 billion yen ($1.29 billion), Nikkei reported...
Government sets February 5 deadline for financial bids for IDBI, sources say
India’s federal government has set a February 5 deadline for financial bids for IDBI Bank as it looks to divest a majority of its holding in the lender, according to two sources familiar with the matter. The...
MPS acquires US-based Unbound Medicine
MPS on January 30 said it has agreed to acquire a 100% stake in Unbound Medicine, marking its entry into the healthcare and medical information technology segment. The acquisition will be executed through MPS North...
NATCO Pharma Asia acquires 49% stake in PT NATCO Lotus Farma
NATCO Pharma Asia, a wholly-owned subsidiary (WOS) of Natco Pharma (NATCO) incorporated in Singapore, has acquired 49% of the shareholding in PT NATCO Lotus Farma from PT Lotus Farma Indonesia. NATCO already owns 51% of...
Winston & Strawn, Taylor Wessing partners approve transatlantic law firm merger
Partners at Winston & Strawn and Taylor Wessing have formally approved their anticipated merger, the law firms said on Friday, setting the stage for the legal industry’s latest major transatlantic combination...
UK’s Pinewood surges on $792 million deal talks with Apax Partners
Britain’s Pinewood Technologies surged as much as 28% on Friday after the automotive service provider said it was set to agree a 575.5 million pounds ($792.06 million) deal with Apax Partners if the private equity...
Tata Consumer, Danone India deal talks stall over ‘strategic’ issues
Tata Consumer Products’ (TCPL) proposed acquisition of Danone India has hit a roadblock with negotiations stalling after it failed to align with TCPL’s strategic expectations, derailing a deal that was...
