Business

M & A Critique

VW receives preliminary bids for diesel engine business Everllence at around $9.4 billion, sources say

Volkswagen has received bids valuing its diesel engine division Everllence at around 8 billion euros ($9.4 billion) including debt, according to three people familiar with the discussions.

M & A Critique

Anupam Rasayan completes USD150- mln acquisition of US speciality chemical maker Jayhawk

Speciality chemicals maker Anupam Rasayan India said it has completed the acquisition of US-based Jayhawk Fine Chemicals Corporation for around USD 150 million, as it looks to expand global footprint and move towards end-use markets.

M & A Critique

NCLAT upholds admission of class action lawsuit against Jindal Poly Films

National Company Law Appellate Tribunal (NCLAT) has upheld the admission of a class action lawsuit against Jindal Poly Films in a hearing.

M & A Critique

Billdesk to acquire Worldline's India operations; deal values business at $70 million

Mumbai-headquartered digital payments processor Billdesk is set to acquire the India business of French payments giant Worldline for an estimated equity value of $70 million.

M & A Critique

Ratchets in M&A: Navigating the Tax and Regulatory field in India

In today's deals, investors are taking bolder bets on niche, unproven businesses where future performance is highly uncertain.

M & A Critique

Deepinder Goyal's LAT Aerospace acquires robotics startup Sharang Shakti

LAT Aerospace, cofounded by Deepinder Goyal and former Zomato COO Surobhi Das, has acquired Gurugram-based defence robotics startup Sharang Shakti.

M & A Critique

Capillary Technologies to acquire Mastercardsubsidiary Session M Inc. for $20 million

Capillary Technologies India has announced the acquisition of Session M Inc., a U.S.-based loyalty and customer engagement platform, from payments giant Mastercard Inc. in an all-cash deal valued at approximately $20 million.

M & A Critique

Paramount to buy Warner Bros Discovery in $110 billion deal as Netflix bows out of race

Warner Bros Discovery has agreed to be acquired by Paramount Skydance in a $110 billion deal, ending a high-stakes bidding war after Netflix walked away from its agreement with the HBO Max owner.

M & A Critique

Fidel Acquires majority stake in Japan-based IM Corporation Strengthening its global AI and technology consulting capabilities

Fidel has acquired a majority stake in IM Corporation, a Japan-based IT consulting & experience.

M & A Critique

Zenex Animal Health acquires majority stake in natural nutrition firm VievePharm

Animal health company Zenex Animal Health India has acquired a majority stake in Netherlands-based VievePharm, a specialist in natural animal nutrition, for an undisclosed sum, the company said.

M & A Critique

Brinks to acquire NCR Atleos in $6.6 billion deal

Brinks Co said it will acquire NCR Atleos in a cash-and-stock deal valued at about $6.6 billion including debt, sending the cash management and logistics provider's shares down 6% in after-hours trading to $126.90.

M & A Critique

ASM Tech inks pact to acquire 20% stake in Myelin Foundry

ASM Technologies announced that it has signed a definitive agreement to acquire 20% stake in Myelin Foundry, with the aim to deploy patented, high-performance Al solutions across advanced engineering design-led manufacturing portfolio.

M & A Critique

CPP, Equinix to buy Nordic data center operator at North in $4 billion deal

Canada Pension Plan Investment Board and Equinix have agreed to acquire Nordic data center operator atNorth from private equity firm Partners Group in a deal valued at about $4 billion, the companies said in a joint statement.

M & A Critique

Reverse-Listing a Giant: The Absorption of Hinduja Leyland Finance by NDL Ventures

“The merger allows HLFL to bypass the traditional IPO route, gaining instant access to public equity for future QIPs, rights issues, and follow-on offerings”

M & A Critique

IOCL, BPCL, and HPCL to take 35% stake in shipping freight joint venture with SCI

India's oil refiners and its state-run shipping utility are committing significant equity stakes to a dedicated maritime freighting joint venture to cut overseas reliance on transporting both crude oil and refined fuels, progressively reducing a part of the ₹6 lakh crore annual bill India foots to charter foreign vessels for inbound and outbound logistics.

M & A Critique

Govt to divest up to 4% in IRFC via OFS at Rs 104/ Share

The government announced an offer for sale (OFS) to divest up to a 4% stake in state-owned Indian Railway Finance Corporation (IRFC).

M & A Critique

Victory Capital goes public with $8.6 billion rival bid For Janus Henderson

Victory Capital went public with its $8.6 billion offer for Janus Henderson, ratcheting up pressure on the asset manager that previously agreed to a $7.4 billion buyout by Nelson Peltz's Trian and General Catalyst.

M & A Critique

Exit Opportunity or Forced Eviction?

The Contentious Journey of BTL's Minority Shareholders

M & A Critique

Billdesk to acquire Worldline's India operations; deal values business at $70 million

M & A Critique

BlackRock's GIP, EQT close to acquiring AES Corp, Bloomberg News reports

BlackRock-owned Global Infrastructure Partners and equity firm EQT AB are in advanced talks to acquire U.S.-based utility AES Corp, Bloomberg News reported, citing people familiar with the matter.

M & A Critique

Philippines' Aboitiz in talks for majority stake in Fourth Partner

Manila-headquartered Aboitiz Power is in talks to buy a majority stake in Hyderabad-based Fourth Partner Energy which specialises in selling power generated from green energy sources to commercial and industrial (C&I) establishments, said people in the know.

M & A Critique

FCC approves Charter Communications' $34.5 billion deal to buy Cox

The Federal Communications Commission said it approved Charter Communications' $34.5 billion acquisition of Cox Communications.

M & A Critique

Suraj Estate Developers inks pact to acquire Hally Pacific

Suraj Estate Developers announced that it has entered into an agreement to acquire a 100% stake in Hally Pacific, to undertake the development of plot situated in Prabhadevi, Mumbai.

M & A Critique

Bankruptcy Court approves Raigarh Champa rail infrastructure's acquisition by JSW Energy

The bankruptcy court has recently approved Raigarh Champa Rail Infrastructure's acquisition by JSW Energy Ltd through the insolvency resolution process. Sajjan Jindal-owned JSW Energy has proposed a Rs 700 crore revival plan against the company's admitted liabilities of about Rs 543 crore, resulting in a recovery of about 129% for the lenders.

M & A Critique

GPT Infra acquires 100% stake in Alcon, enters Signalling EPC segment

GPT Infraprojects announced that it has acquired 100% stake in Alcon Builders and Engineers (Alcon), foraying its entry into the high-margin signaling EPC segment.

M & A Critique

Thermo Fisher to buy clinical services provider Clario for up to $9.4 billion

Thermo Fisher said it would buy privately held data management company Clario for up to $9.4 billion, strengthening its clinical trial research business amid a strong rebound in demand in the U.S.

M & A Critique

Cygnet Energy to acquire Kiwetinohk in $1 billion deal

Privately held Cygnet Energy will acquire Kiwetinohk Energy in an all-cash deal valued at C$1.4 billion ($998.29 million), including debt, the companies said, creating a larger Montney and Duvernay operator.

M & A Critique

Boyd Group to acquire Joe Hudson's Collision Center for $1.3 billion

Canada's Boyd Group said it has agreed to acquire autobody repair solutions provider Joe Hudson's Collision Center, or JHCC, from TSG Consumer Partners for $1.3 billion.

M & A Critique

US firm Long Path to buy UK's Idox for $438 million

U.S. investment firm Long Path agreed to take British software provider Idox private in a 339.5million-pound ($438 million) deal, offering shareholders 71.5 pence per share in cash.

M & A Critique

Refex Green Mobility Demerger Analysis and Valuation Concerns

Recently, Refex Industries Limited announced that it will separately list its green mobility business through a series of restructuring steps, a segment the company only began building in 2023. While the move is positioned as a value-creation exercise, the question remains: given its small size and substantial capital needs, can this fledgling business truly hold its ground as an independently listed entity?