by Sebastian | Sep 4, 2023 | News
In a historic move marking Morgan Stanley’s debut in the Indian healthcare landscape, the global financial powerhouse has acquired a majority stake in Gurugram-based ClearMedi Healthcare. Under the leadership of Commander Navneet Bali, Morgan Stanley-backed...
by Sebastian | Sep 4, 2023 | News
The Carlyle Group, a global investment firm, has launched a tender offer to acquire Seiko PMC, a Tokyo-listed paper and ink chemicals manufacturer. The tender offer values Seiko PMC at approximately JPY 32.4bn (USD 221m) and offers a high premium of 89%. The private...
by Sebastian | Sep 4, 2023 | News
Leicester retailer NEXT and the Reiss family are set to acquire the entirety of Warburg Pincus’ (WP) 34% interest in the Reiss Group (Reiss) for £128m on a fully diluted basis. Upon completion of the transaction, expected to take place in mid-October, NEXT’s holding...
by Sebastian | Sep 4, 2023 | News
Ergomed manages drug trials and monitors participants for side effects. It reported a sharp uptick in revenue last year and a record order book, at £295m as of 31 December, and growth has continued in the first half of 2023. The 1,350p-a-share offer represents a...
by Sebastian | Sep 1, 2023 | News
The estimated value of the Chinese company has more than tripled since SK’s stake purchase. SK Inc. has embarked on the process to sell its 30% stake in Londian Wason Energy Tech, the owner of the world’s largest copper foil maker, in a deal expected to generate...