Investment firm KKR has agreed to acquire a minority stake in BookMyShow, the Indian ticketing and live entertainment company. The deal gives KKR a position in the business whose live division, BookMyShow Live, has staged concerts in India by Coldplay, Ed Sheeran, Travis Scott, Guns N’ Roses and Post Malone. KKR will make the investment…
Canadian company WELL Health, which offers front- and back-office management software applications for physicians, announced its plans to exercise its call right to acquire a majority controlling interest in precision care company HEALWELL AI concurrent with the anticipated closing of HEALWELL’s proposed acquisition of Orion Health on April 1. HEALWELL AI is a preventative healthcare…
MBW hears that Concord is very close to making another significant acquisition. Our sources tell us that the company is in the final stages of acquiring Stem, a Los Angeles-headquartered music distribution and payments platform, in a high eight-figure deal, above $50 million. The deal isn’t quite done yet, according to our sources. We also…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Just Eat Takeaway is set to be acquired by investment group Prosus in a €4.1bn deal that will lead to the European food delivery company’s delisting from public markets. The all-cash offer of €20.30 a…
A review of the executive proposal of the 2025 Fiscal Appropriation Act document has shown that the President Bola Tinubu-led Nigerian government plans to spend the sum of N1.8billion on acquisition of properties forfeited by the Economic and Financial Crimes Commission (EFCC) to be used as State House quarters in Abuja. The review of…
Bruce Bennett/Getty Images News StanCorp Financial Group to acquire The Allstate Corporation’s (NYSE:ALL) employer voluntary benefits business for about $2 billion and enter into a product distribution partnership, the companies said Tuesday after market close. The transaction is expected to close in the first half of 2025, subject to regulatory approvals and other customary closing…
The House of Representatives Committee on National Security and Intelligence recently stirred the hornet’s nest when it asked the Federal Government to purchase two new aircrafts for President Bola Tinubu and Vice-President Kashim Shettima. Nigerians went wild with anger when the committee’s recommendation came to the public knowledge. The recommendation was contained in a report…
Remember when Concord bought Round Hill Music‘s assets off the UK stock exchange for USD $469 million in November? The US company is now looking to pull off a similar acquisition, this time for the song portfolio of another UK-listed entity – Hipgnosis Songs Fund. The HSF board has this morning (April 18) notified shareholders…
