BusinessAcquisition

L&G Completes $2.3 Billion Sale of US Insurance Division to Meiji Yasuda

2 months ago

L&G, a prominent player in the insurance sector, has recently confirmed the strategic decision to divest its US insurance arm, selling it to the Japanese insurance giant Meiji Yasuda for an impressive $2.3 billion. This major transaction is poised to reshape the landscape of both companies and highlights L&G's ongoing strategic shift towards its core operations.

Permira Acquires Encore Fire Protection in a $1.8 Billion Deal

2 months ago

In a significant move within the private equity sector, Permira, a well-known international investment firm, has reportedly acquired Encore Fire Protection, a leading provider of fire protection services. The deal, valued at $1.8 billion, underscores the growing demand for safety and compliance services across various industries.

Adani Group Expands Horizons: Acquiring Stake in PSP Projects to Enhance Construction Ventures

5 months ago

In a strategic move aimed at bolstering its construction capabilities, the Adani Group has announced plans to acquire a significant stake in PSP Projects. This acquisition is seen as a critical step in reinforcing the conglomerate’s already vast portfolio, thus positioning it for future growth in the sector.

Butterfly Equity Acquires Napa Valley Winemaker Duckhorn in a $1.95 Billion Deal

6 months ago

In a notable development in the wine industry, Butterfly Equity, a Los Angeles-based private equity firm, has reached an agreement to acquire The Duckhorn Portfolio Inc., a renowned winemaker hailing from California's iconic Napa Valley, in a transaction valued at approximately $1.95 billion. The acquisition underscores the rising interest and investment in premium wine brands.

Prestige Watch Network: Iconic UK Rolex Dealer Acquires Influential Watch Platform Backed by LVMH and Tom Brady

6 months ago

This move has fascinated a host of watch enthusiasts who pay special attention to this world. It's about a famous UK Rolex dealer that has been in the headlines with its acquisition of a notable digital watch platform. This strategic expansion moves outside of traditional grounds of luxury timepieces and is going to create new synergies within the high-end watch market.