M2P Fintech, a financial technology infrastructure startup, is in advanced talks to acquire Mad Street Den that owns the artificial intelligence platform Vue.ai in a distress sale for around $10-15 million in cash and...
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Garageplug Acquires Freshreview For An Undisclosed Amount
GaragePlug, a global forerunner in automotive service digitalization, today announced that it has strategically acquired Freshreview, a leading AI-based reputation and review management platform. This strategic...
Board of Coforge approves acquisition of Rythmos Inc. and TMLabs
The Board of Coforge at its meeting held on 04 March 2025 has approved the following acquisitions: (a) The company, through its wholly owned subsidiary, Coforge Inc., has agreed to enter into a stock purchase agreement...
NCLT rejects Talwandi Sabo power unit’s scheme in Vedanta demerger
The National Company Law Tribunal dismissed the demerger scheme filed by Talwandi Sabo Power Ltd (TSPL) at an initial state in a setback for the five-way spinoff of its parent Vedanta Ltd. The tribunal’s Mumbai bench...
BlackRock to buy Hong Kong firm’s Panama Canal port stake amid Trump pressure
An investor group backed by BlackRock agreed to buy a majority stake in the Hong Kong-based company that runs ports along either side of the Panama Canal, giving a U.S. firm control of key docks amid pressure from the...
China’s BYD raises $5.59 billion in share sale, Hong Kong’s largest in four years
Chinese electric vehicle maker BYD said on Tuesday it had raised $5.59 billion in a primary share sale that was increased in size, making it the largest of its kind in Hong Kong in four years. The company said it sold...
Genesis Energy sells soda ash operations for $1.43 bln
Genesis Energy said on Monday it had sold its soda ash manufacturing and related operations to an indirect unit of WE Soda for $1.43 billion, helping the pipeline operator to focus on the midstream energy sector. Shares...
UK’s Topps Tiles-CTD Tiles deal may get approval, competition regulator says
Britain’s competition regulator said on Monday it might green light Topps Tiles’ 9 million-pound ($11.3 million) acquisition of CTD Tiles, if the proposed remedies are found sufficient. Last month, the...
Prada moving closer to $1.6 billion deal for Versace, Bloomberg News reports
Italian luxury group Prada is moving closer to a deal to buy Versace from upmarket fashion group Capri Holdings after agreeing to a price of nearly 1.5 billion euros ($1.6 billion), Bloomberg News reported on Sunday...
Welltower to acquire Amica Senior Lifestyles portfolio for $3.2 billion
Real estate income trust Welltower said on Sunday it will acquire Canada-based senior living company Amica Senior Lifestyles’ portfolio from the Ontario Teachers’ Pension Plan for C$4.6 billion ($3.18...
NCLAT sets aside insolvency proceedings against Coffee Day Enterprises
The National Company Law Appellate Tribunal (NCLAT) on Thursday set aside insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Café Coffee Day (CCD), dismissing a bankruptcy plea filed...
Italian tycoon Caltagirone ups Monte dei Paschi stake to 8%, paper says
Italian tycoon Francesco Gaetano Caltagirone has increased its stake in Banca Monte dei Paschi (MPS) to 8%, Italian daily La Stampa reported on Thursday on its website. Caltagirone and MPS both declined to comment...
