Betting group Evoke, owner of William Hill UK and 888, is evaluating a takeover proposal from Greek lottery and gaming firm Bally’s Intralot, it said on Monday, valuing the debt-laden UK company at 225.3 million...
McKesson sells minority stake in surgical supplies unit to Apollo Funds for $1.25 billion
McKesson will sell a minority stake in its medical-surgical solutions business to investment firm Apollo Funds for $1.25 billion, as the drug distributor plans to spin off the unit through an initial public offering...
Japan’s Nojima to buy Hitachi’s consumer appliances unit for more than $630 million, Nikkei reports
Japanese electronics retailer Nojima is planning to buy Hitachi’s consumer appliances unit Hitachi Global Life Solutions for more than 100 billion yen ($630.32 million), the Nikkei newspaper reported on...
Honeywell to sell productivity solutions unit to Brady for $1.4 billion
Honeywell has agreed to sell its productivity solutions and services unit to industrial equipment maker Brady in an all-cash deal worth $1.4 billion, the conglomerate said on Monday, as it aims to streamline its...
Brazil’s Novonor signs deal to sell controlling stake in Braskem to IG4
Brazilian petrochemical firm Braskem said on Monday that Novonor and NSP Investimentos have signed an agreement to sell control of the company to private equity fund Shine I, which is controlled by asset manager IG4...
QXO strikes $17 billion deal to acquire building products distributor and installer TopBuild
U.S. construction supplies distributor QXO struck a $17 billion deal on Sunday to acquire building products distributor and installer TopBuild, adding to a wave of acquisitions by the company led by billionaire...
Lilly in advanced talks to acquire Kelonia Therapeutics for over $2 billion, WSJ says
U.S. drugmaker Eli Lilly is in advanced talks to acquire biotech firm Kelonia Therapeutics for more than $2 billion, the Wall Street Journal reported on Sunday. A deal could be reached as soon as Monday and could...
Singapore’s CapitaLand Trust to divest Asia Square Tower 2 in $1.95 billion deal
Singapore’s CapitaLand Integrated Commercial Trust said on Monday it has agreed to sell Asia Square Tower 2, a commercial development in Marina Bay precinct, to Malaysia’s IOI Properties for S$2.48...
Uber to acquire additional 4.5% stake in Delivery Hero: FT
Uber has reached an agreement to acquire an additional 4.5% stake in rival Delivery Hero and will buy around 270 million euros ($318.1 million) of Delivery Hero shares at 20 euros apiece from the German...
VIDYA strengthens global coffee presence with acquisition in Romania
VIDYA, a global manufacturer of herbal extracts and coffee solutions, has announced a strategic move to strengthen its position in the global coffee industry through expansion in the EU. The company has acquired...
Vedanta was never declared highest bidder for Jaiprakash Associates: RP to NCLAT
The resolution professional of debt-ridden Jaiprakash Associates Ltd (JAL) told the National Company Law Appellate Tribunal (NCLAT) that there has been no formal declaration identifying Vedanta as the highest bidder in...
Kadimi Group expands global footprint
As a first step in its plan to expand globally, Kadimi Tool Manufacturing Co. Pvt. Ltd., a player in the fastener and cold forging industry, recently acquired the US-based Rol-flo Engineering Inc. The Group also plans...
