JERA, Japan’s top power generator, on Thursday said it will buy natural gas production assets in the U.S. for $1.5 billion, marking its entry into American shale gas production. The company said with the deal, it...
Nicolet Bankshares to buy MidWestOne in $864 million stock deal
Nicolet Bankshares is acquiring MidWestOne Financial Group for $864 million in stock, in one of the bigger bank deals of the year. Nicolet will issue 0.3175 of its shares for each common stock of MidWestOne, valuing the...
Cloud data firm Veeam to buy Securiti AI for $1.73 billion
Veeam Software has agreed to buy data privacy management software maker Securiti AI for about $1.73 billion, in a bid to tap customers seeking to safeguard and manage cloud data used in artificial intelligence...
Apollo explores sale of Hispanic food retailer Heritage Grocers Group, sources say
Private equity firm Apollo Global Management is looking to sell its Hispanic grocery chain Heritage Grocers Group, which could fetch roughly $1.5 billion, as fear of immigration raids weakens consumer demand in Latino...
LVMH explores sale of its 50% stake in Rihanna-backed Fenty Beauty, sources say
Luxury goods giant LVMH is exploring a sale of its 50% stake in Fenty Beauty, which it co-owns with Grammy Award-winning singer and entrepreneur Rihanna, according to four people familiar with the matter. The company is...
Bankruptcy court admits IDBI Bank’s insolvency resolution plea against Wind World arm
The Mumbai bench of the National Company Law Tribunal (NCLT) has ordered the initiation of the corporate insolvency resolution process (CIRP) against Wind World (India) Infrastructure following an application filed by...
Manali Petrochemicals to sell UK subsidiary Notedome Ltd to Italian firm
Manali Petrochemicals Limited on Thursday announced divestment of its step-down UK subsidiary, Notedome Ltd, to Italian chemical specialities firm Chimica Organica Industriale Milanese (COIM). In a stock exchange...
Paradeep Phosphates merges MCFL with itself
Paradeep Phosphates Ltd has announced the merger of Mangalore Chemicals & Fertilizers Ltd (MCFL) with itself with effect from October 16, 2025. With this merger, the company’s total fertiliser production...
Marengo Asia acquires Gujarat-based Sunshine Global Hospitals
Marengo Asia Hospitals on Thursday said it has acquired Gujarat-based Sunshine Global Hospitals with a combined capacity of 350 beds in Surat and Vadodara. “As we expand our presence in Western India, we are...
Gabriel India partners with South Korea’s SK Enmove to diversify product range
Auto components maker Gabriel India on Thursday said it has formed a joint venture with South Korea’s SK Enmove in order to diversify its product portfolio to include lubricants and engine oils. The strategic...
Vienna Insurance Group offers to buy Germany’s Nuernberger for $1.61 billion
Vienna Insurance Group (VIG) said late on Thursday that it will acquire all shares of German insurer Nuernberger Beteiligungs AG for 1.38 billion euros ($1.61 billion) in cash. VIG will offer Nuernberger shareholders...
Canaccord Genuity in early talks over possible sale of British wealth arm, sources say
Canadian financial services group Canaccord Genuity has been sounding out potential bidders, including CVC and Advent, for its British wealth arm, two people with knowledge of the matter told Reuters. The CEO of the...
