The Daily BidCo

The Daily BidCo

A daily brief of the latest commercial deals happening across the world

38 issues published · 25 subscribers · Publishing since August 2026

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Latest issue

India bringing the guns

Solar Industries India Limited to acquire Omnia Holdings Limited for approximately $1.36bn

Hussain Jeddy · 16 September 2026

On 14 September 2026, Solar Industries India, India's largest producer of industrial explosives and explosive initiating systems, announced a firm intention to acquire Omnia Holdings, a JSE-listed South African diversified chemicals group, in an all-cash scheme of arrangement (a South African court- and shareholder-approved mechanism for one company to absorb another, broadly similar in function to the UK's scheme of arrangement). Omnia shareholders would receive R134.50 per share, valuing the company at R21.8bn (~$1.36bn), a 14.3% premium to the undisturbed share price. If completed, Omnia would delist from the JSE and A2X.

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More issues

One dollar bid, now 2, now 2, will you give me 2?

Copart's $1.9bn acquisition of ADV Auctions

Hussain Jeddy · 12 September 2026

On 10 September 2026, Copart, Inc., the Dallas-headquartered online vehicle auction group, agreed to acquire ACV Auctions Inc., a Buffalo-ba…

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Searching for gold

OceanaGold's Acquisition of Ausgold

Hussain Jeddy · 17 August 2026

On 17 August 2026, Canadian-listed gold and copper producer OceanaGold Corporation announced it had agreed to acquire 100% of Ausgold Limite…

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