Spanish gas grid operator Enagas said on Tuesday it had reached an agreement with Singapore sovereign wealth fund GIC to buy its 31.5% stake in French gas grid operator Terega for 573 million euros ($674.65 million)...
Trump opposes United–American merger, signals support for Spirit
U.S. President Donald Trump said on Tuesday he opposes a potential merger between United Airlines and American Airlines, signaling resistance to a deal that would reshape the U.S. airline industry. “I don’t...
Power startup Fermi rejects former CEO’s call for sale of company
Fermi on Tuesday rejected former CEO Toby Neugebauer’s call for an immediate sale of the U.S. power startup, saying such a move was “not in the best interest” of the company. Neugebauer, who co...
Horse racing-Churchill Downs to buy Preakness intellectual property for $85 mln
Churchill Downs Incorporated announced on Tuesday that it had entered into a definitive agreement to acquire the intellectual property of the Preakness Stakes and Black-Eyed Susan Stakes from 1/ST Racing for $85...
SC asks NCLT to expedite call on Supertech oversight panel
The Supreme Court on Monday asked the National Company Law Tribunal (NCLT) to decide expeditiously whether the court-appointed committee is necessary to oversee and ensure timely completion of all 30 Supertech projects...
Bain Capital sole contender for Vitabiotics buy
Bain Capital has emerged as the frontrunner to acquire Vitabiotics, UK’s largest nutraceutical company, as the private equity firm looks to bet on growing demand for nutrition, vitamins, minerals, and wellness...
Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from Edelweiss
Omkara Asset Reconstruction Company, along with global investor Oaktree Capital Management, has acquired the debt of GTL Infrastructure from Edelweiss Asset Reconstruction Company in a secondary market transaction...
JAL insolvency case: Lenders flag ‘leak’ that may have aided Vedanta bid
In a fresh twist in the insolvency proceedings of Jaiprakash Associates Ltd (JAL), the Committee of Creditors (CoC) on Monday told the appellate tribunal that a possible information leak may have prompted Vedanta Ltd to...
Jack Daniel’s maker Brown-Forman favors Pernod Ricard bid over Sazerac, source says
The family that controls Jack Daniel’s maker Brown-Forman favors a potential sale to French distiller Pernod Ricard over a rival proposal from American spirits group Sazerac, a person familiar with the matter...
Private equity firms submit offers for Schroders’ Benchmark unit, Sky News reports
A group of private equity firms submitted initial bids for Benchmark Capital, the financial planning business of Schroders, Sky News reported Monday, as the British asset manager moves ahead with a 9.9 billion pound...
Blue Owl agrees to buy healthcare REIT Sila Realty Trust for $2.4 billion
Blue Owl Capital’s real assets division has agreed to acquire Sila Realty Trust, a healthcare-focused real estate investment trust, in an all-cash deal valued at about $2.4 billion, the companies said on Monday...
US private equity firm TA Associates in talks to buy UK’s Advanced Medical Solutions
Advanced Medical Solutions said on Monday that it is in negotiations with U.S. private equity firm TA Associates over a potential takeover of the British medical supplier. TA Associates’ approach is the latest...
