Singapore’s state-owned firm investment Temasek Holdings has acquired a nearly 10% stake in Indian snack giant Haldiram’s for approximately $1bn just a week after PE major Blackstone withdrew from the race to acquire a share in the business citing valuation concerns, according to a report by Reuters.

A consortium led by private equity giants Warburg Pincus and KKR s in discussions to acquire German packaging and medical equipment manufacturer Gerresheimer AG, according to a Bloomberg report citing sources familiar with the matter.

Global alternative investment firm HIG Capital has acquired a majority stake in Protos, an Italy-based independent technical consulting firm for the financial sector, in partnership with the company’s existing management team.

Keensight Capital, a private equity firm focused on pan-European growth buyouts, has backed inherent group in its acquisition of CONEXIO Telecom, a provider of high-speed connectivity and telephony solutions.

Corsair Capital, a specialist investment firm focused on payments, software, and business services within financial services, has acquired a majority stake in IDnow, a leading provider of identity verification solutions in Europe.

Funds advised by SK Capital Partners, a private investment firm focused on the specialty materials, ingredients, and life sciences sectors, have acquired Physical Properties Testers Group from Battery Ventures.

IK Partners, a private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK, is to acquire Tecomatic, a Swedish provider of water treatment and erosion control solutions, from PEQ Invest.