Spain’s BBVA said it had paid 22.76 billion Turkish lira ($1.43 billion) to raise its stake in Garanti to 85.97%, following its bid for the rest of the Turkish lender it did not own. Like bigger Spanish rival...
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Abu Dhabi’s Ihc Invests ₹15,400 Crore In Three Adani Firms
Abu Dhabi-based International Holding Company PJSC (IHC) on Tuesday completed its ₹15,400 crore investment transaction in three Adani portfolio companies – Adani Green Energy (AGEL), Adani Transmission (ATL) and...
UK competition watchdog to probe LSEG takeover of Quantile
Britain’s competition watchdog will conduct an investigation into the London Stock Exchange’s acquisition of Quantile Group, it said. LSEG said in December it had acquired Quantile for up to 274 million...
M&C Saatchi rejects sweetened buyout offer from top investor
British advertising group M&C Saatchi rejected a fresh 253.6 million pounds ($316.44 million) takeover offer from the acquisition vehicle of its top shareholder Vin Murria. “I urge shareholders to reject this...
Australia’s Brambles ends $14 bln takeover talks with CVC Capital
Australia’s Brambles Ltd said on Tuesday European private-equity firm CVC Capital Partners has ended preliminary talks with the company over a potential A$20 billion ($14 billion) takeover offer, citing external...
Tiger Global raised stakes in some tech names battered by year’s rout -filing
Investment firm Tiger Global, which has lost billions of dollars in this year’s technology stock meltdown, increased its stakes during the first quarter in several companies that have been especially hard hit by...
Gaming gear provider Turtle Beach nears board deal with Donerail
Donerail Group is close to reaching a settlement with Turtle Beach Corp that will give the activist investment firm representatives on the U.S. gaming gear company’s board of directors, people familiar with the...
Swastika Commodity Merges With Swastika Investmart
In a bid to provide equity & commodity services under one roof with increased operational and financial efficiency, Swastika Investmart Ltd has completed the merger of its subsidiary company Swastika Commodity...
Electric scooter maker Ather raises $128 million in funding round led by NIIF, Hero MotoCorp
Electric scooter maker Ather Energy said it has raised $128 million in a funding round led by National Investment and Infrastructure Fund (NIIF) and existing investor Hero MotoCorp. Tarun Mehta, co-founder of Ather...
Web3 Platform Fanztar Raises ₹5 Cr Led By India Quotient, Sharechat Founders
Fanztar, a web3 platform for the creator economy, has announced that it has raised ₹5 crore in seed funding led by India Quotient, a seed-to-early-stage venture capital firm. The funding also saw participation from...
Itau denies talks to sell stake in XP to Charles Schwab
Brazilian lender Itau Unibanco Holding SA on denied it was in talks with Charles Schwab Corp to sell a stake in broker XP Inc to the U.S. discount brokerage. Itau’s remarks came after newspaper Valor Economico...
Battery maker Amprius Tech to go public via $939 mln SPAC merger
Battery maker Amprius Technologies Inc is going public by merging with a blank-check firm in a deal that values it at $939 million, the companies said on Thursday. Founded in 2008, Fremont, California-based Amprius...