British telecom and cloud services provider SCG is exploring a sale at a valuation of as much as 800 million pounds ($1.07 billion), Bloomberg News reported on Monday, citing people with knowledge of the matter. The...
Financial services firm JTC agrees to $3 billion buyout proposal from Permira
London-listed financial services firm JTC Plc said on Monday that it has accepted a fourth revised buyout proposal from British private equity firm Permira, valuing the company at 2.3 billion pounds ($3.09 billion).
Advent International frontrunner to buy Whirlpool’s India arm in likely $1bn deal
Advent International is closing in to swoop up a controlling stake in the listed home appliances maker Whirlpool of India, said multiple people in the know, in the latest sign of a dealmaking frenzy for local businesses...
Adani Enterprises likely to pip Vedanta to emerge highest bidder for Jaiprakash Associates
Adani Enterprises Ltd is likely to emerge as the highest bidder to acquire Jaiprakash Associates Ltd (JAL) through insolvency process as its offers to pay acquisition amount in two years have been found better than...
NCLT approves merger scheme of Suzuki Motor Gujarat with Maruti Suzuki India
The National Company Law Tribunal (NCLT) has approved the scheme of amalgamation, in which Suzuki Motor Gujarat is being merged with its parent entity, Maruti Suzuki India, the country’s largest carmaker. A two...
Macquarie shortlists three bidders for road assets sale
Global infrastructure investor Macquarie Asset Management (MAM) has shortlisted three bidders — France’s VINCI Highways, Edelweiss-backed Sekura Roads, and KKR-backed Vertis Infrastructure Trust — for the proposed sale...
Pfizer to acquire obesity drug startup Metsera in $10 billion deal
Obesity drug developer Metsera said Friday that it had agreed to a deal to be acquired by Pfizer, which had been locked in a bidding war for the company with Novo Nordisk, the Danish maker of weight-loss treatments...
AGL sells Tilt Renewables stake to QIC, Future Fund for $487 million
Australia’s AGL Energy has agreed to sell nearly all of its 20% stake in clean energy developer Tilt Renewables for A$750 million ($487 million), booking a big profit on the sale to its two existing government...
Permira nears $2.68 billion deal for UK fund administrator JTC, FT reports
Private equity group Permira is nearing a deal to buy London-listed financial services firm JTC for more than 2 billion pounds ($2.68 billion), the Financial Times reported on Sunday. The planned purchase of JTC, which...
Germany set to approve $3.5 billion defence package with Airbus and others, Bloomberg News reports
Germany is set to approve defence equipment purchases worth more than $3.47 billion, including 20 light combat helicopters from Airbus SE, Bloomberg News reported on Saturday, citing a government document. The report...
CCI approves proposed merger of Girnar group firms with Artivatic Data Labs
Fair trade regulator CCI on Friday cleared the proposed merger of four entities of CarDekho owner Girnar group into Artivatic Data Labs. The four entities are Girnar Finserv, Girnar Insurance Brokers, D2C Consulting...
Comcast’s Sky in talks to buy ITV’s media unit for $2.15 billion
British broadcaster ITV said on Friday it was in talks with pay-TV company Sky, owned by Comcast, over a potential sale of its media and entertainment (M&E) unit for 1.6 billion pounds ($2.15 billion) including debt...
