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...
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...
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...
Britain’s Smiths Group to sell interconnect unit to Koch’s Molex in $1.75 billion deal
Smiths Group said on Thursday it will sell its interconnect unit to U.S. electronic components maker Molex Electronic in a deal valued at 1.3 billion pounds ($1.75 billion), after facing investor pressure to break up...
Core Scientific’s board asks shareholders to vote for CoreWeave deal
Core Scientific’s board urged its shareholders on Wednesday to vote for the crypto miner’s proposed sale to CoreWeave as the company expects a number of benefits from the deal. CoreWeave announced its...
Sentinel Capital sells NSI Industries’ HVAC unit to Lennox for $550 million
Private equity firm Sentinel Capital Partners said on Thursday it sold the HVAC division of NSI Industries to Lennox International for about $550 million in cash. NSI Industries, a supplier of branded electrical...
ISS recommends Staar shareholders reject Alcon’s $1.5 billion offer
Proxy advisory firm Institutional Shareholder Services on Wednesday recommended that investors in Staar Surgical reject an offer by Swiss eyecare giant Alcon, putting the $1.5 billion deal in doubt. The move marks...
Nordic Capital-led consortium raises takeover price for Bavarian Nordic to $38.94 per share
Bavarian Nordic said on Wednesday a consortium led by Nordic Capital and Permira has raised its offer price for the vaccine maker to 250 Danish crowns ($38.94) after its initial bid was not accepted by a sufficient...
Lone Star to take Hillenbrand private for $2.3 billion
Hillenbrand is being taken private by investment firm Lone Star Funds for $2.3 billion in cash, sending the industrial equipment maker’s shares surging about 19% in early trading. A Lone Star affiliate is offering...
