Teamshares, a buyer of small- to medium-sized enterprises, said on Friday it would go public in the U.S. through a $746 million blank-check deal with Live Oak Acquisition Corp backed by accounts advised by investment...
ADNOC’s Covestro deal gets conditional European Commission greenlight
Abu Dhabi state oil firm ADNOC has received the EU’s conditional greenlight for its 14.7 billion euro ($17 billion) bid for German chemicals company Covestro, the European Commission said on Friday. It said the...
Topgolf Callaway in talks to sell Topgolf unit for about $1 billion, source says
Golf-equipment maker Topgolf Callaway Brands is in talks to sell its Topgolf unit to private equity firm Leonard Green in a deal that could value the business at about $1 billion, a source familiar with the matter told...
Paramount Skydance to sell Chilevision to investor group
Paramount Skydance on Friday said it has agreed to sell its shares in the entities that control Chilean free-to-air TV channel Chilevision to Vytal Group. The sale is part of Paramount Skydance’s strategy to...
Union Pacific, Norfolk shareholders approve $85 billion merger
Union Pacific and Norfolk Southern shareholders approved a deal to merge both railroad operators, the companies said on Friday. Over 99% of shareholders at both Union Pacific and Norfolk voted in favor of the $85...
Guatemala’s Castillo Hermanos buys US maker of SunnyD for $1.4 bln, top US official says
Guatemalan firm Castillo Hermanos acquired U.S.-based Harvest Hill, maker of beverages such as SunnyD, for $1.4 billion, the U.S. Deputy Secretary of State Christopher Landau announced on Friday on social media. Landau...
Godrej Consumer acquires Muuchstac in Rs 450-crore deal; promoters to continue to run business
FMCG major Godrej Consumer Products Ltd (GCPL) has completed the acquisition of Muuchstac in a Rs 450-crore deal and its promoters would continue to be in the driving seat, running the business. GCPL Managing Director...
NIIF sells nearly 3% stake in Ather Energy for Rs 541 crore
The National Investment And Infrastructure Fund (NIIF) on Thursday divested nearly a 3 per cent stake in electric two-wheeler maker Ather Energy for Rs 541 crore through open market transactions. NIIF through its...
DWS Group to buy 40% in Nippon Life India AIF biz
German asset manager DWS Group will pick up a 40% stake in Nippon Life India Asset Management’s alternatives business, a release said. The stake sale in Nippon Life India AIF Management is aimed at scaling up the...
Coinbase seeks CCI nod for purchasing minority stake in DCX Global
US cryptocurrency platform Coinbase has sought the Competition Commission of India’s (CCI’s) clearance for acquiring a minority stake in DCX Global. In a filing with the antitrust regulator, Coinbase said...
Manipal Education submits EOI to bid for Byju’s parent Think & Learn under insolvency process
Dr Ranjan Pai-led Manipal Education and Medical Group India (MEMG India) has submitted a formal Expression of Interest (EOI) to participate in the Corporate Insolvency Resolution Process (CIRP) of troubled edtech...
LKQ taps Bank of America to sell specialty parts business, sources say
Auto parts supplier LKQ is planning to sell Keystone Automotive Industries, its specialty parts division, three people familiar with the matter told Reuters, as the company faces pressure from investors to sell some...
