Cross-border

Piramal Enterprises is looking to sell some non-core businesses to boost capital. In June, the group agreed to sell a 20 percent stake in Piramal Pharma to Carlyle for $490 million.

Piramal Enterprises is looking to sell some non-core businesses to boost capital. In June, the group agreed to sell a 20 percent stake in Piramal Pharma to Carlyle for $490 million.

CD&R is on the lookout for new German targets, reports Bloomberg News. The PE firm sold Mauser Group, a packaging company with roots in the Black Forest, and acquired Kalle Group, a supplier of industrially produced casings for meat, in 2016.

The deal shores up Hynix’s position in a business that’s boomed after Covid-19 drove demand for the chips used in everything from Apple Inc.’s iPhones to data centers.

William Hill is looking to expand in the U.S. following the legalization of sports betting by the Supreme Court in 2018.