Abry Partners sells Edgile stake to Wipro for $230m

Abry Partners sells Edgile stake to Wipro for $230m

Wipro on Monday said it will acquire Austin, Texas-headquartered Edgile for $230 million, a move that will strengthen the IT major’s play in the cybersecurity services space. Edgile’s experienced cybersecurity and risk management professionals will allow Wipro to...
Oaktree SPAC to Merge With Pharma Company in $2bn Deal

Oaktree SPAC to Merge With Pharma Company in $2bn Deal

Oaktree Acquisition Corp. II will merge with Alvotech Holdings, a global biopharmaceutical company, to take the company public in the United States. The deal values the combined company at about $2.25bn, including debt. The downtown-based blank check company is a...
Travel tech firm Mondee to go public in $1bn SPAC deal

Travel tech firm Mondee to go public in $1bn SPAC deal

U.S. travel software maker Mondee Inc said on Monday it will go public in a merger with blank-check company ITHAX Acquisition Corp, in a deal valuing the combined entity at about $1bn. The deal includes $241.5m in cash held in trust by the acquisition vehicle and $50m...