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Top Highlights
WiseTech Global, a provider of logistics execution software solutions, agreed to acquire E2open, a connected supply chain SaaS platform, for $2.1bn, according to press releases.
E2open is advised by Rothschild & Co, Kirkland & Ellis and 5W Public Relations. WiseTech Global is advised by Bank of America, Barclays, Barrenjoey Capital Partners, Gresham, Macquarie Group and Citadel Magnus (led by Helen McCombie), according to press releases.
Movendo Capital, a Netherlands-based investment firm specializing in venture and growth capital, and Draycott, a diversified asset manager, completed the acquisition of VERESCENCE, a France-based manufacturer specializing in glass packaging for the beauty and perfume industries, from Stirling Square Capital, a private equity firm, according to press releases. Financial terms were not disclosed.
VERESCENCE was advised by Scotto Partners. Movendo Capital was advised by Bredin Prat (led by Jose Maria Perez). Draycott was advised by Gibson Dunn & Crutcher (led by Bertrand Delaunay). Stirling Square was advised by Rothschild & Co (led by Laurent Baril) and Mayer Brown, according to press releases and MergerLinks data.
Printec Group, a provider of business-to-customer transaction technologies, completed the acquisition of an 80% stake in Kea Leitourgia kai Diacheirisi Diktyon, the ARM business of Piraeus, a Greek multinational financial services company, according to press releases. Financial terms were not disclosed.
Piraeus was advised by UBS, Moratis Passas and Ernst & Young, according to press releases.
Deal Round up
AMERICAS
EMEA
Turkcell secures $150m Murabaha financing from Dubai Islamic Bank PJSC. ( Press Release)
Capgemini, SAP, Mistral AI team up on Artificial Intelligence. ( Press Release)
APAC
Denso in talks to buy Temasek-backed seed maker for $500m. ( Bloomberg)
Indian steel tycoon's pathway to Mozambique coal deal reopens. ( Bloomberg)
Collapsed Australian hospital operator Healthscope gets 10 non-binding offers. ( Reuters)
HKBN CEO says China Mobile's takeover offer undervalues company. ( Bloomberg)
GMO Group scraps $2bn share sale plan of Internet unit. ( Bloomberg)
Indian stockbroking platform Groww confidentially files draft IPO papers. ( DealStreetAsia)
Lazada investing $100m in SE Asia affiliate programme. ( Press Release)
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INVESTORS
FINANCIAL ADVISORS
LEGAL ADVISORS
PR ADVISORS
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AMERICAS
DataCore, a provider of data infrastructure and management solutions, completed the acquisition of StarWind, a trusted brand in hyper-converged infrastructure for edge and remote office/branch office environments, serving the unique requirements of small and mid-sized businesses, according to press releases. Financial terms were not disclosed.
Wix, a SaaS website builder platform, agreed to acquire Hour One, a company focused on generative AI media creation, according to press releases. Financial terms were not disclosed.
EMEA
Kistefos, an investment company, agreed to acquire Holberg, a fund management company, from DNB Bank, a financial services group, according to press releases. Financial terms were not disclosed.
DNB Bank is advised by Lenner & Partners and Wikborg Rein, according to press releases.
Wereldhave, a real estate investment company, and Sofidy, a real estate investment and asset management firm, agreed to acquire Stadshart Zoetermeer, a shopping center, from Unibail-Rodamco-Westfield, a multinational commercial real estate company, for €150m ($170m), according to press releases.
Bridgepoint, a quoted private asset growth investor, agreed to acquire Finzzle Groupe, a wealth management consultancy, according to press releases. Financial terms were not disclosed.
Lumine Group, a global buy-and-hold forever acquirer of communications and media software businesses, agreed to acquire Datafusion Systems, a provider of critical secure communication and intelligence solutions for telecom operators, law enforcement, and government agencies, according to press releases. Financial terms were not disclosed.
Volaris Group, a software development firm, completed the acquisition of PC Soft, a provider of software development tools used to create computer programs, web applications and mobile apps, according to press releases. Financial terms were not disclosed.
Suntera Global, an independent provider of bespoke fund, corporate and private wealth services, agreed to acquire Khepri, a consulting and outsourcing service provider. Financial terms were not disclosed.
Turkcell secures $150m Murabaha financing from Dubai Islamic Bank PJSC. ( Press Release)
Turkcell, a Turkish technology and communications company, has secured $150m in Murabaha financing from Dubai Islamic Bank PJSC. The strategic agreement is intended to strengthen Turkcell’s infrastructure investments and support its long-term growth plans.
The deal was formalized during a signing ceremony held in Istanbul, with senior executives from both Turkcell and Dubai Islamic Bank in attendance.
Capgemini, SAP, Mistral AI team up on Artificial Intelligence. ( Press Release)
Capgemini announced that it has partnered with AI model developer Mistral AI and software company SAP to deliver generative AI-powered solutions tailored for regulated industries.
The French consulting and technology firm said the collaboration combines Mistral AI’s advanced models with the SAP Business Technology Platform to create a solution library that helps businesses explore how AI can enhance systems, streamline processes and optimize operations.
APAC
SBI Shinsei Bank, a diversified Japanese financial institution, offered to acquire an additional 10.19% stake in NEC Capital, a financial services company, for JPY8.2bn ($57m), according to press releases.
NEC Capital is advised by TMI Associates. SBI Shinsei Bank is advised by Anderson Mori & Tomotsune, according to press releases.
Denso in talks to buy Temasek-backed seed maker for $500m. ( Bloomberg)
Denso is in final negotiations to acquire Axia Vegetable Seeds Group for approximately $500m, marking a significant step in the Japanese auto parts supplier’s push into the agriculture sector.
Temasek, the Singapore-based investment firm that holds nearly 50% of Axia, is expected to earn a profit from the transaction. The deal is in its final stages, with details still subject to change.
Indian steel tycoon's pathway to Mozambique coal deal reopens. ( Bloomberg)
JSW Steel, India’s largest steelmaker, can now move forward with its $74m acquisition of the coal asset Minas de Revuboe in Mozambique, after the seller regained concession rights from the country’s new government.
The deal, announced a year ago, had been stalled when the previous administration under President Filipe Jacinto Nyusi revoked the mining lease. Minas de Revuboe subsequently launched legal and arbitration proceedings, ultimately recovering the license and clearing the way for the transaction to proceed.
Collapsed Australian hospital operator Healthscope gets 10 non-binding offers. ( Reuters)
Australia’s Healthscope has received 10 non-binding indicative offers as part of a sale process expected to take eight to ten weeks, following its entry into receivership on May 26.
Creditors are seeking to sell the business in an effort to recover roughly AUD1.6bn ($1.04bn) in debt, with local media reporting the figure amid growing scrutiny of the company’s financial position.
HKBN CEO says China Mobile's takeover offer undervalues company. ( Bloomberg)
HKBN Chief Executive Officer and co-founder William Yeung said China Mobile’s takeover offer undervalues the Hong Kong broadband provider.
Speaking in an interview on May 26, Yeung stated that the bid does not reflect the true value of the company and emphasized his view that HKBN deserves a higher valuation.
GMO Group scraps $2bn share sale plan of Internet unit. ( Bloomberg)
GMO Internet Group has canceled a planned share offering of its listed unit GMO Internet after a sharp rise in the stock boosted the subsidiary’s valuation.
The Japanese conglomerate had intended to sell 91.7m shares in a deal valued at approximately JPY284bn ($2bn), with pricing scheduled as early as June 5.
Indian stockbroking platform Groww confidentially files draft IPO papers. ( DealStreetAsia)
Groww, a digital investment platform, has filed draft papers for an initial public offering with the Securities and Exchange Board of India under the confidential pre-filing route, the company announced in a public notice on May 26.
The filing marks a step toward a potential market debut, as the company pursues listing under India’s regulatory framework designed to provide greater flexibility during the IPO preparation process.
Lazada investing $100m in SE Asia affiliate programme. ( Press Release)
Lazada announced that it will invest $100m annually in its Lazada Affiliate Programme, aiming to turn affiliate marketing into a scalable, performance-driven growth engine across Southeast Asia.
The announcement was made during the Lazada Affiliate Southeast Asia Awards 2025 in Bangkok and reflects the eCommerce platform’s strategy to strengthen its regional marketing capabilities through strategic partnerships.
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