Tag: deal

Canadian pension fund looks to trim stake in Delhivery via $110 million block deal: Report

 stock analyst  04/24/2024  0 Comments on Canadian pension fund looks to trim stake in Delhivery via $110 million block deal: Report

According to exchange data, CPPIB currently holds 5.96% stake in the firm, which is also backed by the likes of Nexus Ventures, Steadview Capital, Softbank, and Fedex.

Australia's Base Resources surges 120% on US takeover deal

 stock analyst  04/22/2024  0 Comments on Australia's Base Resources surges 120% on US takeover deal

Investing.com– Shares of Australian mineral sands miner Base Resources Ltd (ASX:BSE) more than doubled in value on Monday after it entered a deal to be bought by North American peer Energy Fuels (TSX:EFR) Inc (NYSE:UUUU) for an equity value of A$375 million ($241.7 million) 

US-based Quanex to buy UK's Tyman in $976 million cash and share deal

 stock analyst  04/22/2024  0 Comments on US-based Quanex to buy UK's Tyman in $976 million cash and share deal

(Reuters) -U.S.-based Quanex (NYSE:NX) Building Products will buy doors and windows supplier Tyman in a cash and share deal that values the British firm at about 788 million pounds ($976 million), the companies said on Monday.

Can Schneider do a deal for Bentley? Citi discusses

 stock analyst  04/19/2024  0 Comments on Can Schneider do a deal for Bentley? Citi discusses

Reuters reported on Thursday that Bentley Systems (BSY), an engineering software company valued at nearly $16 billion, is considering various strategic options, including a potential sale, following acquisition interest from other companies.

Infosys Q4 net profit jumps 30%; company buys German tech firm for Rs 450 million

 stock analyst  04/19/2024  0 Comments on Infosys Q4 net profit jumps 30%; company buys German tech firm for Rs 450 million

Profit climbed to ₹7,969 crore in the March quarter, beating ET\’s poll of ₹6,103 crore. Other income buttressed the bottom-line through what turned out to be a tough year for revenue expansion, which hit the lowest pace in a decade. Headcount shrank by about 26,000, again a rarity for India\’s technology bellwether.

Concord to buy Hipgnosis Songs Fund in $1.4 billion music rights deal

 stock analyst  04/18/2024  0 Comments on Concord to buy Hipgnosis Songs Fund in $1.4 billion music rights deal

(Reuters) -Nashville-based independent music company Concord has agreed to buy British song investor Hipgnosis Songs Fund for $1.40 billion, the companies said on Thursday, gaining rights to the catalogues of artists including Shakira and Neil Young.

SAG-AFTRA union secures AI protections for artists in deal with major record labels

 stock analyst  04/13/2024  0 Comments on SAG-AFTRA union secures AI protections for artists in deal with major record labels

(Reuters) – Hollywood performers and media professionals have reached a tentative deal with major record labels such as Warner Music Group and Sony (NYSE:SONY) Music Entertainment that includes increases in minimum salaries and protections against the use of AI.