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Patanjali Foods to evaluate proposal to buy Patanjali Ayurved's non-food business, ET Retail

The board also authorised officials to carry out due diligence, appoint professionals, negotiate the terms and conditions of the proposal, and report the findings to the Audit Committee and the board for further consideration. To strengthen its product portfolio, Patanjali Foods acquired the biscuits business of Patanjali Natural Biscuits Pvt Ltd for Rs 60.03 crore in May 2021.

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'The Beginning of a New Era' Capital A and AirAsia Group sign a conditional sale and purchase agreement on the divestment of Capital A's airline business

'The Beginning of a New Era' Capital A and AirAsia Group sign a conditional sale and purchase agreement on the divestment of Capital A's airline business
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Cybersecurity firm Darktrace accepts $5 bn takeover, Telecom News, ET Telecom

Darktrace chief executive Poppy Gustafsson said the group's "technology has never been more relevant in a world increasingly threatened by AI-powered cyberattacks".

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Virtua Health sues Trinity Health for $12M legal fee reimbursements

Virtua Health sued Trinity Health and is seeking no less than $12 million in compensatory damages regarding Virtua's acquisition of two hospitals from Trinity.

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Thoma Bravo to Buy Cybersecurity AI Firm Darktrace for $5.3B

Private equity giant Thoma Bravo agreed to buy Darktrace for $5.32 billion just 19 months after deal talks between the two sides fell apart. The take-private deal

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Aquila Part Prod Finalizes Parmafood Acquisition

Aquila Part Prod (AQ.RO), an entrepreneurial company providing distribution and logistics services for consumer goods in Romania, has finalized the acquisition of 100% in Parmafood Trading SRL and Parmafood Group Distribution SRL, following fulfillment of all suspensive conditions stipulated in the contract, it said in a release.

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Knight-Swift cutting costs, focuses on asset utilization

Knight-Swift Transportation said Wednesday it will cut costs and focus the bulk of its investments away from truckload-related offerings in the near-term. The post Knight-Swift cutting costs, focuses on asset utilization appeared first on FreightWaves.

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