Indian billionaire Mukesh Ambani’s Reliance Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, four people familiar with...
Singapore’s Temasek Trust to acquire robo advisor MoneyOwl
Temasek Trust, the philanthropic arm of Singapore’s state investment firm Temasek Holdings, said it has agreed to buy robo financial advisor MoneyOwl from NTUC Enterprise Co-operative Ltd. Financial details of the...
Bunge seeks antitrust approval for Viterra merger in major jurisdictions
Bunge has filed for regulatory approvals for its merger with crop handler Viterra in “major jurisdictions” in North and South America, Europe and China, and has gotten the green light from some of its...
Pfizer wins unconditional EU antitrust okay for $43 bln Seagen buy
U.S. pharmaceutical company Pfizer gained unconditional EU antitrust approval for its proposed $43 billion acquisition of cancer drug maker Seagen. Pfizer announced the deal in March, its largest purchase in a string of...
SingTel to sell stake in Trustwave for $205 million
Singapore Telecommunications said it entered into an agreement with MC2 Titanium, LLC to sell its stake in cyber security business Trustwave for $205 million. Southeast Asia’s largest telecom firm began...
EU antitrust regulators set Oct. 20 deadline for Farfetch, Richemont deal
EU antitrust regulators will decide by Oct. 20 whether to clear luxury e-commerce company Farfetch’s acquisition of a stake in online fashion retailer YOOX Net-A-Porter (YNAP) from Richemont, a European Commission...
IDBI Trusteeship files insolvency resolution application against Coffee Day Enterprises
Global alternate investment fund manager Ares SSG Capital Management has filed an application with the Bengaluru bankruptcy tribunal to admit Coffee Day Enterprises for corporate insolvency due a Rs 228-crore bond...
Cognex to buy Japan optics component firm from Trustar Capital
U.S. vision systems company Cognex said it has agreed to buy Japanese optical component producer Moritex Corp for 40 billion yen ($273.49 million) in its largest acquisition to date, as it seeks to increase its market...
IndiGrid completes acquisition of Virescent Renewable Energy Trust
Infrastructure investment trust India Grid Trust said it has completed the acquisition of Virescent Renewable Energy Trust (VRET). India Grid Trust said the enterprise value is not exceeding Rs 4,000 crore, subject to...
Reliance Industrial Investments becomes RIL promoter, buys 3.56% in Petroleum Trust
Reliance Industrial Investments and Holdings Limited (RIIHL) has become the promoter entity of Reliance Industries Limited, following the acquisition of a 3.56% stake in Petroleum Trust, another promoter entity...
UK antitrust watchdog provisionally clears $1.58 bln UnitedHealth-EMIS deal
Britain’s competition regulator said on Friday it has provisionally cleared UnitedHealth Group’s 1.24 billion pounds ($1.58 billion) acquisition of healthcare technology firm EMIS. The Competition and...
Broadcom’s $61 billion VMware deal wins conditional EU antitrust OK
U.S. chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware after offering remedies to help rival Marvell Technology. The deal...