Torrent Pharmaceuticals has entered into a definitive agreement to acquire private equity firm KKR’s controlling stake in JB Chemicals & Pharmaceuticals in a transaction valued at approximately $1.4bn, marking one of the largest healthcare M&A deals in India this year, according to a report by Bloomberg.

TorQuest Partners, the Canadian mid-market private equity firm, has acquired GlassRatner Advisory & Capital Group and B Riley Farber Advisory – collectively known as GlassRatner – from B Riley Financial, in a $118m transaction, according to a report by Bloomberg.

Global private equity firm CVC, through its CVC Diversified Infrastructure Fund (CVC DIF), has entered into a strategic partnership with National Central Cooling Company PJSC (Tabreed) to acquire PAL Cooling Holding from Multiply Group, with the transaction implying an equity valuation of approximately AED3.8bn ($1.03bn), according to a report by Reuters.

Private equity giant Warburg Pincus has acquired a majority stake in Uvex, the German safety and sports equipment company best known for its ski helmets and protective eyewear, in a transaction valued at approximately €800m, according to a report by Bloomberg.

HIG Capital is preparing to launch a formal sale process for Interpath Advisory, the former KPMG restructuring unit it acquired in 2021, with a target valuation of approximately £800m, according to a report by the Financial Times.

Advent International- and KKR-backed NIQ Global has filed for an initial public offering in the United States, signalling renewed confidence among private equity sponsors as IPO activity continues to rebound.

EQT has agreed to sell Japanese automotive electronics company Pioneer Corp to CarUX, a subsidiary of Taiwan-listed Innolux Corp, for $1.1bn – marking the Swedish private equity firm’s largest-ever exit in Japan and its second deal in the country this year, according to a report by Bloomberg.

Jefferson Capital, the consumer debt buyer backed by private equity firm JC Flowers, soared 26.7% in its Nasdaq debut on Thursday, achieving a market valuation of $1.2bn in a strong signal of renewed investor appetite for PE-backed IPOs, according to a report by Reuters.