TXNM Energy is exploring a sale after receiving takeover interest from a potential suitor, Bloomberg News reported on Monday, citing people familiar with the matter. The energy holding company is working with an adviser...
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Kantar owners eye break-up of group, $6.5 billion Worldpanel sale, reports say
Market research group Kantar’s owners are exploring the sale of its Worldpanel division for 5 billion pounds ($6.5 billion) or more, Sky News reported on Sunday, while in a separate report the Financial Times said...
Religare Enterprises withdraws NCLAT petition against CCI order favouring Burman group’s stake buy
Religare Enterprises has withdrawn its appeal at the NCLAT against a competition watchdog CCI order that allowed four Burman group entities to acquire a 5.27 per cent stake in the financial services firm. The move comes...
Quest Global Acquires Alpha-Numero Technology Solutions
Quest Global is pleased to announce the acquisition of Alpha-Numero Technology Solutions. Alpha-Numero is a US-based VLSI design company with expertise in FPGA. Headquartered in Irvine, CA, Alpha-Numero employs over...
Safra Sarasin Group agrees to buy majority stake in Saxo Bank
Finland’s Mandatum said on Monday it and Geely had agreed to sell their respective 19.8% and 49.9% stakes in Denmark’s Saxo Bank to Switzerland’s Safra Sarasin Group.
Dubai-based IHC’s arm sells stake in Adani Enterprises
Dubai-based IHC’s arm has sold 84.49 lakh shares in Adani Enterprises for around Rs 1,800 crore, according to a filing. The sale was executed through two entities — Green Vitality RSC and Green Energy Investment Holding...
Walchandnagar Inds hits the roof after inking pact to acquire 60% stake in Aicitta
Walchandnagar Industries hit an upper circuit of 5% at Rs 161.75 after the company entered into share subscription and shareholders’ agreement to acquire 60.3% stake in Aicitta Intelligent Technology Private...
Jindal Drilling & Industries acquires jack-up rig “Jindal Pioneer”
Jindal Drilling & Industries has acquired jack-up rig Jindal Pioneer from Discovery Drilling, Singapore, (a joint venture of the Company), at a consideration of USD 75 million. The said acquisition is funded by...
Competition Commission clears acquisitions by JSW Energy, Shell, Adani Infra
The Competition Commission of India (CCI) has approved seven acquisitions, including those by JSW Energy Ltd, Shell Plc and Adani Infra (India) Ltd. The competition watchdog approved all transactions without...
Disinvestment: The government must take a clear stance on PSE stake sales
In recent years, the government’s policy on disinvestment has been cloudy. While it has in the past endorsed the mantra that ‘the government has no business being in business,’ its actions would suggest otherwise. Its...
Fraud prevention software firm Riskified explores sale, sources say
Riskified, a provider of software that helps prevent e-commerce fraud, is exploring options including a potential sale after receiving takeover interest, according to people familiar with the matter. New York-based...
UK competition regulator clears $35 billion Synopsys-Ansys deal
Britain’s competition regulator on Wednesday cleared chip-design-software maker Synopsys’ $35 billion deal to buy Ansys after accepting certain remedies from the companies. The regulator said it would not...
