The National Company Law Appellate Tribunal (NCLAT) has rejected an appeal filed by Deepak Chhabria and his wife, Vini Chhabria, against Orbit Electricals Private Limited. Orbit Electricals holds a 30.70% stake in...
Aditya Birla Capital completes sale of entire stake in Aditya Birla Insurance Brokers
Aditya Birla Capital announced the completion of stake sale of Aditya Birla Insurance Brokers (ABIBL) to Edme Services (Edme), which is part of the Samara Capital Group and an affiliate of Samara Alternate Investment...
SIX Group explores options for financial information unit, sources say
Swiss stock market operator SIX Group is weighing options for its financial information unit, including potentially merging it with another player, according to three people with knowledge of the matter. The group wants...
VivoPower’s Tembo E-LV to go public via $904 mln SPAC deal
Tembo E-LV, a unit of power infrastructure developer VivoPower International, said on Thursday it has agreed to go public through a merger with blank check firm Cactus Acquisition in a deal that would value the new...
GCC consultant ANSR acquires hrEntries to boost talent solutions
ANSR, one of the top firms that helps set up global capability centers (GCCs) in India, has announced the acquisition of hrEntries, a human capital management system (HCM) platform, in an all-stock deal. The financial...
ONEOK to buy EnLink stake, Medallion Midstream from GIP in two deals worth $5.9 bln
U.S. pipeline operator ONEOK said on Wednesday that it struck two deals worth $5.9 billion with infrastructure investor GIP to boost its presence in the Permian Basin as well as mid-continent, North Texas and Louisiana...
Motilal Oswal PE buys 25% stake in Lal Sweets
Mo Alternate Investment Advisors (MO Alts), the alternative investment arm of Motilal Oswal Financial Services, is investing Rs 330 crore to acquire a 25% stake in Lal Sweets, a Bengaluru-based maker of packaged sweets...
SaaS unicorn Browserstack acquires Berlin-based startup Bird Eats Bug
Accel-backed mobile and web software testing platform Browserstack has acquired Berlin-based bug reporting startup Bird Eats Bug in a $20 million deal. Valued at $4 billion when it last raised capital in 2021...
Dailyhunt parent VerSe Innovation buys majority stake in data provider Valueleaf
VerSe Innovation, the parent of news aggregator Dailyhunt and short-video sharing app Josh, has acquired a majority stake in Valueleaf Group, an India-focused digital marketing agency. Through this deal, VerSe aims to...
ChrysCap in advanced talks to acquire homegrown The Belgian Waffle Co
Private equity firm ChrysCapital is close to acquiring homegrown desserts chain The Belgian Waffle Co., three people aware of the development said, in a deal that values the nine-year-old company at ₹1,300 crore...
Australia’s Aware Super buys stake in European fibre platform to tap AI boom
Australian pension fund Aware Super said on Tuesday it has acquired a minority stake in London-headquartered bandwidth infrastructure company euNetworks, in a bid to tap into the artificial intelligence boom. It...
SK Innovation shareholders approve merger seen shoring up loss-making battery unit
South Korea’s SK Innovation, parent of the country’s largest oil refiner and battery maker SK On, said on Tuesday that shareholders had approved a merger with energy affiliate SK E&S as part of a major...
