Software major Adode’s $20 billion acquisition of cloud-based designer platform Figma is reportedly under scrutiny by the antitrust regulators in the European Union, the media reported on Tuesday. The EU...
Orange, MasMovil face EU antitrust warning over merger, source says
French telecoms provider Orange and Spanish peer MasMovil are set to get an EU antitrust warning about their 18.6-billion euro ($20.3 billion) merger, a person with direct knowledge of the matter said. Orange, the...
NCLT adjourns the Wilmington Trust insolvency plea against SpiceJet
The National Company Law Tribunal, in the petition filed by aircraft lessor Wilmington Trust SP Services (Dublin) Ltd for initiating the corporate insolvency resolution process, adjourned the matter on Monday. The...
EU antitrust regulators approve Vivendi, Lagardere deal
Vivendi, the French media conglomerate controlled by billionaire Vincent Bollore, on Friday, won conditional EU antitrust approval for its acquisition of France’s largest publisher Lagardere. Vivendi last year...
UBS gains EU antitrust approval to acquire Credit Suisse
UBS won unconditional EU antitrust approval to acquire Credit Suisse as part of a government-orchestrated rescue of its Swiss rival. The European Commission said the deal would not raise competition concerns in Europe...
Viasat wins unconditional EU antitrust approval to acquire Inmarsat
U.S. company Viasat has won unconditional EU antitrust approval to acquire British satellite rival Inmarsat for $7.3 billion, the European Commission announced on Thursday, adding that the merger would not raise...
Axis Trustee approaches NCLT to add more Future Retail claims
Axis Trustee Services Ltd, one of the financial creditors to Future Retail Ltd, has approached the National Company Law Tribunal (NCLT) after the resolution professional rejected its claims worth ₹470 crore out of total...
IndiGrid to acquire Virescent Renewable Energy Trust for up to Rs 4,000 cr
Infrastructure investment trust India Grid Trust (IndiGrid) said it has signed a share purchase agreement for the acquisition of 100 per cent units in Virescent Renewable Energy Trust at an enterprise value of up to Rs...
Liontrust to acquire Swiss asset manager GAM Holding AG
British asset manager Liontrust Asset Management plc has conditionally agreed to acquire GAM Holding AG in a deal that values the Swiss asset manager at CHF 107 million ($121.3 million), the companies said on Thursday...
Millennium Trust’s owners explore $8 billion sale
The private equity owners of Millennium Trust Company are exploring options for the U.S. retirement plan custodian, including a sale that could value it at as much as $8 billion, including debt, people familiar with the...
UK antitrust regulator looks at Amazon’s takeover of vacuum maker iRobot
Britain is to investigate Amazon.com’s anticipated takeover of robot vacuum maker iRobot Corp, the country’s competition regulator said on Thursday. The e-commerce giant’s planned $1.7 billion...
Parliament passes antitrust legislation on overseas mergers & acquisitions
India’s parliament approved a revised legislation which gives the South Asian nation’s antitrust watchdog wider powers to review overseas mergers and acquisitions. The legislation was approved by the upper house of...