Chinese private equity firm Boyu Capital has emerged as the frontrunner to buy a controlling stake in Starbucks China business in a deal that could value the unit at more than $4 billion, Bloomberg News said on Tuesday...
Italy’s Leonardo to sell 9.4% Avio stake to participate in capital hike
Italy’s aerospace and defence group Leonardo said on Tuesday it was selling a 9.4% stake in rocket maker Avio through an accelerated bookbuilding to institutional investors. Leonardo, which will maintain a 19%...
Gurin Energy buys EDPR’s wind, solar projects in South Korea
Gurin Energy said on Wednesday it will acquire EDP Renewables APAC’s wind and solar project portfolio in South Korea to expand its footprint in the country. The acquisition of these projects, with a combined total...
Honda Motor acquires stake in OMC Power to develop clean energy batteries
Indian renewables firm OMC Power, backed by Japan’s Mitsui & Co and Chubu Electric Power, said on Monday that automaker Honda Motor has acquired a stake in the company to jointly develop clean energy storage...
Huntington Bank to acquire Cadence Bank for $7.4 billion; stock falls
Huntington Bancshares (HBAN) stock fell 5% early Monday, going below its 200-day line and 10-day moving average, as per the report by Investor’s Business Daily. HBAN shares are down 1.2% so far in 2025 through last...
Heritage Foods acquires 51% stake in health ice cream maker Get-A-Way for Rs 9 crore
Dairy company Heritage Foods Ltd said on Monday it has acquired a 51 per cent stake in Peanutbutter and Jelly Pvt Ltd, which owns health-focused ice cream brand Get-A-Way, for Rs 9 crore. The acquisition is expected to...
Defence firm Sanlayan Technologies acquires strategic stake in Versabyte Data Systems
Sanlayan Technologies, an integrated defence electronics company, has acquired a strategic stake in Versabyte Data Systems, a supplier of power electronics to India’s defence sector, part of its push to expand across...
Megasoft hits the roof after inking deal to acquire UK-based Nasmyth Group for GBP 17.80 million
Megasoft was locked in 5% upper circuit at Rs 194.80 after the company said that its wholly owned subsidiary Sigma Advanced Systems UK has signed a share purchase agreement for acquisition of 100% stake in Nasmyth...
ChipSync Acquires U.S.-Based Mobimark Labs to Strengthen Leadership in Automotive Audio Quality Certifications
ChipSync, a leading innovator in Connected Car Technology and advanced automotive solutions, has announced the acquisition of Meridian America LLC (a.k.a Mobimark Labs), a specialized automotive audio quality testing...
CSL delays spin-off, cuts profit outlook as US vaccination rates slide
Australian biotech CSL has cut its profit outlook and delayed plans to spin off its vaccine division, blaming an unprecedented fall in U.S. flu immunisation rates, which knocked its shares down as much as 16.6% to a...
Sweden’s EQT bids to buy Australia’s AUB Group at a $3.41 billion valuation
Australia’s AUB Group said on Tuesday it had granted Swedish private equity EQT exclusive access to its books after receiving a takeover offer which values the insurance broking company at A$5.25 billion ($3.41...
Germany’s SAP mulls new bid for software firm BlackLine, sources say
SAP, Europe’s largest software provider, offered to buy accounting software firm BlackLine for nearly $4.5 billion in June but was rebuffed and is now considering whether to pursue the company again, according to...
