Quantum computing firm IonQ said on Monday it would buy chipmaker SkyWater Technology for about $1.8 billion, in a deal that would bring semiconductor manufacturing in-house and boost the development of its next...
China’s Anta Sports muscles in with $1.8 billion move for 29.1% Puma stake
China’s Anta Sports Products said on Tuesday it had agreed to buy a 29.06% stake in German sportswear maker Puma from the Pinault family’s Artemis holding company for 1.51 billion euros ($1.79 billion). The...
TCI Express announces acquisition of TCI Global (Singapore)
By wholly owned subsidiary – TCI Express Pte. Ltd. TCI Express announced the completion of the acquisition of 100% equity shares of TCI Global (Singapore) from TCI Holdings Asia Pacific, a step-down wholly owned...
Australia’s AUB Group to buy majority stake in UK-based insurer PIHL
Australia’s AUB Group said on Tuesday it will acquire a 95.9% stake in UK-based private insurance broking and underwriting platform PIHL Holdings for A$432 million ($298.47 million). The acquisition will help the...
China’s Zijin Gold to buy Canadian miner Allied Gold for about $4 billion
Zijin Gold will buy Canada’s Allied Gold for about C$5.5 billion ($4.02 billion) in cash, the companies said on Monday, as the Chinese miner ramps up its global expansion against the backdrop of record high...
Leidos to acquire ENTRUST for $2.4 billion to enhance its utility engineering services
Leidos Holdings said on Monday it would buy power design firm ENTRUST Solutions Group from private equity firm Kohlberg for about $2.4 billion, as it looks to expand engineering offerings for utility customers...
Spire Healthcare’s shares soar 20% amid buyout talks
Shares of Spire Healthcare surged as much as 20% on Monday after the British private hospital group confirmed over the weekend it was in preliminary talks with multiple buyout firms including Bridgepoint and Triton, to...
Dubai’s Apparel Group in talks to buy stake in Baccarose, may acquire Parcos
Dubai-based Apparel Group is in exploratory talks to acquire a stake in Baccarose, which distributes global premium fragrance, skincare and cosmetics brands in India and operates Parcos, one of the country’s...
HCLTech to acquire Singapore-based Finergic Solutions for about $14.8 million
HCLTech, India’s third-largest IT services firm, has signed an agreement to acquire Singapore-based boutique wealth consulting firm Finergic Solutions Pte Ltd for 19 million Singapore dollars (about $14.8 million) in an...
Godrej Industries looking for acquisitions in consumer sector: Nadir Godrej
Indian real estate-to-dairy conglomerate Godrej Industries is eyeing acquisitions in the consumer goods and animal feed sectors despite the high valuations of young companies, the group chair has said. Dealmaking in...
Axis Bank puts Axis Finance stake sale on hold after RBI eases rules
India’s Axis Bank has put on hold plans to sell a stake in its consumer lending arm, Axis Finance. After the central bank eased proposed restrictions on overlapping business activities between banks and their...
Exxon’s XTO unit seeks buyers for select Eagle Ford assets
Oil major Exxon Mobil’s subsidiary XTO Energy is seeking buyers for some of its assets in the Eagle Ford shale basin in South Texas, an Exxon spokesperson confirmed to Reuters in a statement. In recent days, top U...
