M&A

 Mergers & Acquisitions News (M&A)

• Purvah Green Power, a unit of Indian conglomerate RPSG Group, will acquire some solar from ReNew Solar Power at a $510M enterprise valuation Reuters

• Packaged food company Flowers Foods is seeking to divest its baked goods business ​Tastykake for potentially $350M Reuters

• A Venezuelan party will acquire the Venezuela interests of Harry Sargeant III's offshore oil company Bluewave Properties in a $300M deal after sanction pressure from US Fortune

• Australian betting company Tabcorp agreed to acquire BetMakers Technology Group at a $190M valuation Bloomberg

• Web comics platform Webtoon Entertainment will acquire a 60% stake in a Korean gaming studio RI Games Holdings for $100M Bloomberg

• Archer Aviation will acquire the Wisk, SkyGrid, and Insitu units, which develop technology for flying taxis and drones, from Boeing in exchange for a 20% stake  Bloomberg

• ​Trinidad and Tobago's state-owned National Gas Company will acquire a 20% stake in the Venezuelan portion of the Cocuina-Manakin natural gas field from BP Reuters

• Beyonce​ acquired full control ‌of the SirDavis whisky brand two years after acquiring it from LVMH Reuters