French IT company Atos said on Friday it signed a binding agreement to sell its Latin American operations to Brazilian tech company Semantix as part of a broad restructuring plan. The business to be sold employs...
Board of Coforge approves acquisition of Encora US and Encora Holdings
The board of Coforge at its meeting held on 26 December 2025 has approved the execution of a share subscription and share purchase agreement (SSPA) by the Company with Encora US Holdco, Inc. and Encora Holdings (Cayman)...
Lloyds Engineering Works approves amendment to SPA for acquisition of Techno Industries
The board of Lloyds Engineering Works at its meeting held on 26 December 2025 has approved the ‘Amendment’ to Share Purchase Agreement for acquisition of remaining 12% stake in Techno Industries (TIPL) i.e...
SolGold agrees to $1.2 billion takeover by top investor Jiangxi Copper
Gold and copper miner SolGold said on Wednesday it had agreed to be acquired by its largest shareholder Jiangxi Copper in a deal valuing it at 867 million pounds ($1.17 billion). The 28-pence-per-share deal represents...
Hillhouse joins Temasek in race for up to 6% stake in Quest Global
Asia-focused private equity firm Hillhouse Investment Management has entered the race to acquire about 6% of Quest Global, the Singapore-headquartered engineering services outsourcing company, at an estimated valuation...
Bharti Enterprises-Warburg to plug into Haier’s India arm
Bharti Enterprises and Warburg Pincus will together buy 49% of Chinese consumer electronics maker Haier’s India arm, the culmination of more than a year of negotiations, as the company steps up to challenge the...
BP to sell 65% stake in Castrol to Stonepeak for $6 billion
BP has agreed to sell a 65% stake in its Castrol lubricants business to U.S. investment firm Stonepeak for about $6 billion, a significant step in the oil major’s $20 billion divestment plan aimed at cutting debt and...
Nestle sells remaining 40% Herta stake to Casa Tarradellas, ending joint venture
Nestle said on Tuesday it had completed the sale of its remaining 40% stake in packaged meat business Herta Foods to Spanish company Casa Tarradellas. No other terms were disclosed. Nestle said the joint venture that...
LG Energy Solution to sell US factory assets to Honda
South Korea’s LG Energy Solution (LGES) said on Wednesday it is selling a factory building and assets in the U.S. state of Ohio to Honda Development and Manufacturing of America. The planned $2.86 billion deal...
Serbia’s NIS gets US approval to negotiate sale of Russian stake
The U.S. has granted Serbian oil refiner NIS until March 24 to negotiate the sale of its Russian owner’s stake, Serbia’s state-owned RTS TV reported on Wednesday. However, RTS said NIS had not obtained an...
UK’s Secure Trust to sell motor finance business for $619 million
Britain’s Secure Trust Bank said on Wednesday it would sell its consumer vehicle finance business to funds managed by European investment fund manager LCM Partners for 458.6 million pounds ($619.48 million).
Stonepeak, CPPIB look to buy Castrol India shares at premium following BP deal
Canada Pension Plan Investment Board and U.S. private equity firm Stonepeak will launch an offer to purchase a stake of up to 26% in Castrol’s Indian unit, they said on Wednesday, following their deal to acquire...
