Canada’s Boyd Group said on Wednesday it has agreed to acquire autobody repair solutions provider Joe Hudson’s Collision Center, or JHCC, from TSG Consumer Partners for $1.3 billion. Boyd, which runs...
AGL signs renewable energy offtake deal for Western Australian unit
Australian energy firm AGL said on Thursday it has signed a power purchase agreement with wind farm operator Tilt Renewables, marking the first long-term wind-energy offtake deal for its Western Australian division...
Advent International’s arm exits India’s Aditya Birla Capital, exchange data shows
U.S.-based private equity investor Advent International’s affiliate Jomei Investments has exited its entire 2% equity stake in India’s Aditya Birla Capital, exchange data showed on Tuesday. Jomei sold its 53...
Jash Engineering’s subsidiary to acquire Penstocks (UK)
Waterfront fluid controls Limited UK, a subsidiary of Jash Engineering has entered into an agreement / LOI to acquire Penstocks (UK), Leicestershire, UK. This is subject to due diligence which is expected to be...
Spice Lounge Food Works announces strategic expansion with acquisition of Rightfest
The board of Spice Lounge Food Works has approved the acquisition of 100% of the shareholding of Rightfest Hospitality LLP (Rightfest), marking a strategic expansion in India’s rapidly evolving casual dining...
NCLAT rejects Glas Trust’s plea opposing Aakash’s EGM
The National Company Law Appellate Tribunal (NCLAT) on Tuesday rejected a plea by US-based Glas Trust challenging Aakash Educational Services Ltd’s 29 October extraordinary general meeting (EGM) to approve a rights...
Govt consolidation blueprint—UBI-BoI merger to create mega bank; Punjab & Sind Bank, BoM privatization on radar
The government is drawing up a fresh blueprint to merge select public sector banks, said three people aware of the matter, as it aims to scale up such lenders and streamline overlapping operations under banking sector...
Thermo Fisher nears $10 billion takeover of Clario, FT reports
Medical equipment maker Thermo Fisher is nearing an all-cash takeover of U.S.-based Clario in a deal that could value the clinical trial data management company at about $10 billion, the Financial Times reported on...
Cygnet Energy to acquire Kiwetinohk in $1 billion deal
Privately held Cygnet Energy will acquire Kiwetinohk Energy in an all-cash deal valued at C$1.4 billion ($998.29 million), including debt, the companies said on Tuesday, creating a larger Montney and Duvernay operator...
Betclic-owner Banijay buys Tipico stake from CVC in deal valuing betting firm at $5.4 billion
French media group Banijay will buy a majority stake in betting firm Tipico from private equity group CVC, it said on Tuesday, in a move that will create one of Europe’s biggest online gaming operators. Banijay, whose...
Switzerland’s Cicor buys sites from Valtronic, securing US foothold
Swiss electronics company Cicor said on Tuesday it has agreed to acquire two production sites from Swiss peer Valtronic in Cleveland, Ohio, and in Morocco, which gives the firm its first U.S. location and expands its...
US firm Long Path to buy UK’s Idox for $438 million
U.S. investment firm Long Path agreed to take British software provider Idox private in a 339.5 million pound ($438 million) deal on Tuesday, offering shareholders 71.5 pence per share in cash. The offer for the maker...
