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India’s Cube Highways Trust, a major infrastructure investment trust, is preparing to pave its way into public markets with a potential $600 million initial public offering, according to Bloomberg reports.

The trust oversees 27 road assets stretching across more than 2,000 kilometers in 12 states and one union territory, making it one of India’s most prominent toll-road operators. Privately valued at roughly $2 billion, Cube Highways has tapped heavyweight advisers — Kotak Mahindra Capital, HSBC Holdings, ICICI Securities Ltd., and HDFC Bank Ltd. — to steer the IPO process.

If successful, the offering would provide Cube Highways fresh capital to fuel India’s booming infrastructure sector, a cornerstone of the nation’s economic expansion.

Diaper Startup Coterie in Sale Talks

Meanwhile, U.S. consumer goods deal chatter is buzzing. Coterie, a premium diaper brand backed by models Ashley Graham and Karlie Kloss, is reportedly in talks to sell to Mammoth Brands, parent to Harry’s razors and Flamingo body care.

Coterie, which markets hypoallergenic, “cruelty-free” diapers, is said to generate $200 million in annual revenue and $50 million in EBITDA. While discussions remain ongoing, no final agreement has been reached.

EU Pauses Probe Into ADNOC’s Covestro Bid

Across the Atlantic, European Union regulators have pressed pause on their scrutiny of Abu Dhabi oil giant ADNOC’s $17.1 billion acquisition of German chemicals producer Covestro.

The deal, ADNOC’s largest to date, has drawn concern over potential state subsidies. Regulators are holding “constructive talks” with ADNOC as they consider remedies.

Malaysia Port Operator’s IPO Faces Valuation Clash

In Southeast Asia, MMC Port Holdings, Malaysia’s leading port operator, has run into choppy waters. Investor valuations range from $5 billion to $6 billion, well below the company’s hoped-for $8 billion to $10 billion, the Wall Street Journal reports.

Despite the mismatch, MMC is still expected to push ahead with a listing later this year once cornerstone investors are secured.

ExxonMobil Weighs Selling Europe Plants

Lastly, ExxonMobil may offload chemical plants in Scotland and Belgium, eyeing up to $1 billion in proceeds. Facing pressure from U.S. tariffs and cheaper Chinese competition, the oil giant is exploring sales or even closures to stay competitive in Europe.