Dabur India announced that it has signed a definitive agreement to acquire a minority stake in new-age luxury skincare D2C Company, RAS Beauty, aiming to capture the fast-growing premium beauty segment. Founded by three...
Cygnet.One Acquires Majority Stake in Connectivity IT Services to Expand Managed IT Capabilities
Cygnet.One today announced the acquisition of a majority stake in Connectivity IT Services, a Managed IT Services firm with expertise in infrastructure management, value-added product distribution, and 24×7 ATS...
Accenture to buy connectivity division of Ziff Davis for $1.2 billion
Accenture Plc will acquire Ziff Davis Inc.’s Connectivity division for $1.2 billion, marking one of its largest deals in recent years and underlining the management’s aim to double its acquisition spend for the current...
Owner of Four Loko explores sale of storied alcohol brand, sources say
The parent company of Four Loko, the canned alcoholic beverage that became a college campus sensation in the late 2000s before being reformulated under regulatory pressure, is exploring a sale of the brand that could...
Italy’s Agnelli family sells La Stampa daily after 100 years of ownership
Italian media group GEDI has signed a preliminary deal with regional publisher SAE to sell newspaper La Stampa, the two companies said on Wednesday, putting an end to 100 years of ownership by the Agnelli family. La...
Banijay, All3Media to merge entertainment businesses to create one of Europe’s largest multimedia product
Banijay Group and All3Media, owned by investment firm RedBird IMI, have agreed to merge their entertainment production businesses to create one of Europe’s largest multimedia production groups, the companies said...
Actis’ Athena Renewable Energy draws SEIT, IndiGrid, Anzen InvIT bids
Several private investors and trusts are in separate discussions to acquire Athena Renewable Energy, the Indian renewable energy platform owned by UK-based private equity firm Actis, multiple people aware of the...
CCI clears Central Bank’s additional stake buy in Generali Central insurance ventures
The Competition Commission of India announced on Tuesday that it has approved the acquisition of additional shareholding in Generali Central Insurance Company and Generali Central Life Insurance Company by Central Bank...
ADM Group buys controlling stake in Thailand’s CCS Advance Tech
Pune-based ADM Group, a diversified manufacturing and engineering firm has acquired a controlling stake in Bangkok-headquartered CCS Advance Tech Co. Ltd for an undisclosed amount, the company said in a release. The...
Ziff Davis to sell Ookla and Downdetector to Accenture as part of $1.2 billion deal
Ziff Davis has agreed to sell its Connectivity division, which houses Ookla’s Speedtest app and Downdetector outage tracker, to Accenture for $1.2 billion in cash. The sale, which also includes Ekahau and...
UK’s Rosebank Industries to acquire US firms in $3.05 billion deal
British investor Rosebank Industries said on Tuesday it would buy two U.S.-based industrial businesses, MW Components and CPM, in a deal worth $3.05 billion. The deal is the next major step in Rosebank’s...
UK aerospace supplier Senior receives takeover proposal from Tinicum-Blackstone
British aerospace supplier Senior Plc said on Tuesday it had received a takeover proposal from U.S.-based investment firm Tinicum and Blackstone, adding to a flurry of approaches in recent months by potential...
