Private equity firm Warburg Pincus plans to buy German software firm PSI Software for more than 700 million euros ($813.26 million), the companies said on Monday. Reuters first reported on both a nearing takeover of PSI...
Natco Pharma to acquire significant stake in S African firm Adcock Ingram
India’s Natco Pharma will acquire significant stakes in 135-year-old South African pharmaceutical giant Adcock Ingram. The R 4.2-billion deal will see Adcock Ingram becoming a privately-held entity co-owned by...
Sam Altman-backed college startup Campus acquires Sizzle AI
Sam Altman-backed college startup Campus has roped in Meta’s former artificial intelligence (AI) vice president Jerome Pesenti as its technology head, the company announced Friday. The deal marks Campus buying Pesenti’s...
China says Qualcomm admitted to acquiring Autotalks without informing regulator
US semiconductor manufacturer Qualcomm admitted that it had not informed Chinese authorities when it completed its acquisition of Israel’s Autotalks in June, China’s market regulator said on Sunday. The...
Caterpillar to acquire Australia’s RPMGlobal for $728 million
Australian mining software firm RPMGlobal said on Monday that it has struck a deal to be acquired by heavy machinery giant Caterpillar for a total equity value of A$1.12 billion ($728.22 million). The news comes after...
Warner Bros rebuffs Paramount takeover approach, Bloomberg News reports
Warner Bros Discovery has rebuffed Paramount Skydance’s initial takeover approach as too low, Bloomberg News reported on Saturday. Warner Bros rejected Paramount’s offer of around $20 per share in recent...
Strathcona exits race for MEG Energy after Cenovus’ sweetened bid
Strathcona Resources on Friday abandoned its takeover bid for MEG Energy, ending its months-long battle with Cenovus Energy for the ownership of one of Canada’s last large pure-play oil sands company. The move by...
Johnson & Johnson in talks to acquire Protagonist Therapeutics, source says
Johnson & Johnson is in discussions to buy Protagonist Therapeutics, a source familiar with the matter told Reuters. Shares of Protagonist surged more than 30% in afternoon trading. The company had a market...
NCLT extends Punj Lloyd’s liquidation by 6 months
The insolvency tribunal NCLT has extended the deadline to complete the liquidation process of engineering and construction firm Punj Lloyd by six months to March 12, 2026. The NCLT has granted an extension after...
UST Expands Core Banking Capabilities with the Acquisition of Modus Information Systems
UST, a leading AI and technology transformation solutions company, has acquired Modus Information Systems Private Limited (Modus) in a strategic move that will strengthen UST’s position in the financial sector...
Real Estate Firm GTC In Talks to Sell Part of German Portfolio
Polish real estate developer Globe Trade Centre SA is in talks to sell part of a German residential portfolio it bought less than a year ago. GTC plans to sell around 45% of the portfolio acquired from Peach Property, a...
BASF sells majority of coatings business to Carlyle, Qatar Investment Authority
BASF has agreed to sell a majority stake in its coatings business to private equity firm Carlyle and the Qatar Investment Authority, valuing the unit at 7.7 billion euros ($8.91 billion). The companies said in a joint...
