U.S.-based private equity firm KKR is nearing a deal to buy OSTTRA for about $3 billion, Bloomberg News reported on Saturday, citing people familiar with the matter. The deal could be announced as early as next week...
Good Glamm in talks to sell MissMalini for Rs 4 crore amid cash crunch
The Good Glamm Group is in advanced discussions to sell its media and influencer talent management arm, MissMalini Entertainment, to marketing agency Creativefuel for around Rs 4 crore, according to people familiar with...
Remsons Industries acquires majority stake in electric 3-wheeler company Astro Motors
Auto component supplier Remsons Industries has announced that it has purchased a majority stake in Astro Motors, an electric three-wheeler manufacturer. The deal, worth Rs 14.22 crore, involves both equity and cash, it...
Madhav Infra Projects acquires 100% stake in MSK Projects (I)
Madhav Infra Projects has announced that its board of directors has approved the acquisition of a 100% equity stake in MSK Projects (I). MSK Projects (I) has an authorized share capital of Rs 20,00,000, divided into...
Singapore’s SC Capital in talks to buy British data centre group Global Switch, sources say
Singapore-headquartered real estate investment manager SC Capital Partners has emerged as a potential bidder for British data centre group Global Switch, two people familiar with the matter told Reuters. The firm...
BlueStone, Elevation Capital-backed Aye Finance get Sebi nod for IPO
Jewellery retailer BlueStone and Elevation Capital-backed Aye Finance on Wednesday received the market regulator’s approval to raise funds through initial public offerings (IPO). Both companies filed their...
BlackRock buys nearly third of Adani group promoters’ $1 bn private bonds
BlackRock, Inc. has made a big bet on the Adani Group, snapping up nearly a third of about $1 billion bonds sold by a group promoter entity, marking the first investment in any Adani entity by the world’s largest...
UK’s Assura agrees to $2.06 billion takeover by KKR-Stonepeak
British medical property owner REIT Assura has agreed to a 1.61-billion-pound ($2.06 billion) takeover bid from KKR and Stonepeak Partners, after rejecting a lower cash-and-stock proposal from peer Primary Health...
Crypto firm Ripple to buy prime broker Hidden Road for $1.25 billion
Ripple said on Tuesday it will buy multi-asset prime broker Hidden Road in a $1.25 billion deal, making it one of the largest acquisitions by the crypto company. This is the second billion-dollar-plus deal involving a...
Infineon Technologies to buy Marvell’s auto ethernet business for $2.5 billion
German chipmaker Infineon Technologies said on Monday it would buy Marvell Technology’s automotive ethernet business for about $2.5 billion in cash, to expand its microcontroller segment. The automotive ethernet...
UK’s Assura rejects £1.5 billion bid from PHP
British healthcare REIT Assura on Wednesday rejected the 1.5 billion pound ($1.9 billion) cash-and-stock takeover proposal from industry peer Primary Health Properties leaving a U.S. consortium as the remaining active...
CATL in talks to buy controlling stake in Nio’s power unit, sources say
Chinese battery giant CATL is in talks to buy a controlling stake in electric vehicle maker Nio’s power unit, which runs more than 3,000 battery swapping stations in China, four people with knowledge of the matter...
