XPEL Inc. (NASDAQ: XPEL), a global provider of protective films and coatings has announced the acquisition of Uniprotect Ventures LLP by its wholly-owned subsidiary, XPEL India Private Limited. Uniprotect Ventures LLP...
Adani Enterprises merges two subsidiaries with Adani New Industries Limited
Adani Group’s flagship company, Adani Enterprises, announced in its BSE listing on Wednesday, October 2, that the conglomerate has merged two subsidiaries with Adani New Industries Limited. Adani Infrastructure...
Adani Enterprises’ $1.3 billion stake sale expected to start early next week: Report
Billionaire Gautam Adani’s flagship firm plans to roll out its share sale as early as next week, according to people familiar, marking its return to public equity markets after a scathing short-seller report in 2023...
Italy’s Brembo starts sale of Pirelli stake, dampening merger speculation
Brembo said on Tuesday it was starting a process to sell its entire stake in tyre maker Pirelli, worth around 300 million euros ($332 million), a move dampening speculation about a merger between the two Italian groups...
ADNOC nears $13 billion deal to buy Germany’s Covestro, WSJ reports
Abu Dhabi National Oil Company (ADNOC) is likely to announce a $13 billion-plus deal for Germany’s Covestro as soon as this week unless an unexpected snag emerges, the Wall Street Journal reported on Monday...
Linqto terminates $700 mln SPAC deal with Blockchain Coinvestors
Investment firm Linqto has terminated its $700-million deal to go public by merging with Blockchain Coinvestors Acquisition Corp, the blank-check company said on Monday. In April, the investment platform Linqto had...
Asset manager TPG close to buying Germany’s Techem for $7.8 bln, Financial Times reports
U.S.-based asset manager TPG is close to finalizing a 7 billion euro ($7.80 billion) deal to acquire German metering firm Techem, the Financial Times reported on Monday, citing people familiar with the matter. TPG may...
TPG in lead to buy stake in Creative Planning at $15 billion valuation, sources say
Buyout firm TPG has emerged as the frontrunner to pick up a minority stake worth $2 billion in Creative Planning, in a deal that could value the wealth management firm at more than $15 billion, people familiar with the...
Holding firm proposes merger between subsidiary of Brazil’s Vamos Locacao and Automob
Simpar, the controlling shareholder of Brazil’s vehicle rental service Vamos Locacao and dealership Automob, has proposed a merger involving the two firms, it said in a corporate filing on Sunday. The merger would...
Italy picks UBS Europe, White & Case as advisers for Poste stake sale
Italy’s Treasury said it had picked UBS Europe SE and White & Case Europe LLP as financial and legal advisers for the stake sale of around 14% in postal service Poste Italiane. The Italian postal service is...
TIGA Investments gets CCI’s clearance to acquire stake in Dream11
The Competition Commission of India (CCI) has granted nod to Singapore-based TIGA Investments’ proposal to acquire a stake in Dream11’s parent company Dream Sports Inc. The deal was cleared by CCI under the...
NCLT lambasts Dunzo for failing to settle with creditors despite having ’enough time’
A dedicated bankruptcy tribunal on Friday pulled up Dunzo Digital Pvt Ltd, a quick commerce platform backed by Reliance Retail, for not reaching a settlement with its creditors despite being given “enough time” to...
