Italgas, Europe’s biggest gas distributor, said on Monday that it started exclusive talks to acquire smaller rival 2i Rete Gas. A merger between the two would be a major step in the consolidation of the gas...
Temasek may bid for CVC’s 60% stake in Healthcare Global
Singapore’s Temasek Holdings may bid for CVC Capital Partners’ controlling stake in listed hospital chain Healthcare Global Enterprises Ltd, two people aware of the development said. Other potential...
Canarys Expands Global Presence with Strategic Acquisition in North America
Canarys Automations Limited (NSE – Canarys), a stalwart in the realm of digital transformation, embarks on an ambitious journey to broaden its horizons across continents. The company announces its strategic intent to...
Union announces talks with Carlyle on majority stake in Thyssenkrupp Marine Systems
Germany’s IG Metall union on Tuesday said it had preliminary talks with Carlyle on the investment firm taking a majority stake in Thyssenkrupp Marine Systems and agreed to push for an agreement as quickly as...
Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business
Patanjali Foods Ltd, which is mainly into edible oils, on Friday said it will evaluate a proposal to acquire the non-food business of promoter group Patanjali Ayurved, led by Baba Ramdev. In a regulatory filing...
Axiata, Sinar Mas closer to $3.5 bln telco merger in Indonesia, Bloomberg says
Malaysian conglomerate Axiata Group and Indonesian group PT Sinar Mas are going ahead with plans to merge their telecom operations in Indonesia to create a $3.5 billion entity, Bloomberg News reported, citing people...
Warburg buys majority stake in ophthalmic device company Appasamy
US private equity firm Warburg Pincus has bought a majority stake in Chennai-based Appasamy Associates, India’s largest maker of ophthalmic equipment and intraocular lenses (IOLs). Financial details of the...
Warburg Pincus acquires Chennai’s Appasamy Associates
Warburg Pincus, a leading global investor, has acquired a stake in leading manufacturer of ophthalmic equipment and devices Appasamy Associates, stated a company release. Based in Chennai, Appasamy is the largest Indian...
Paramount to enter into exclusive merger talks with Skydance: Report
Members of Paramount Global’s board agreed on Wednesday to enter into exclusive merger talks with Skydance Media, favoring the independent studio over a $26 billion offer from Apollo Global Management, a person...
SilverBow Resources rejects Kimmeridge’s latest $2.1 billion takeover offer
SilverBow Resources said on Thursday it has rejected largest shareholder Kimmeridge Energy Management’s latest offer that valued the oil and gas producer at $2.1 billion, including debt, in another rebuff of the...
IRDAI seeks more details from IIHL to approve deal for Reliance Capital’s insurance business
In a letter to the administrator of Reliance Capital (RCap), IRDAI said it cannot undertake due diligence regarding acquisition of the distressed financial services company’s insurance business by Hinduja-owned...
Australia’s Ramelius Resources ends buyout talks with Karora Resources
Australian gold miner Ramelius Resources Ltd said on Thursday it had ended discussions with Karora Resources for a potential acquisition of the Canada-based mine operator. Shares of Ramelius rose as much as 2.2% to hit...