Ola Electric founder and promoter Bhavish Aggarwal will offload a 2.78% stake in the company over the next few days to release 3.93% of shares he had pledged to raise a promoter-level loan of Rs 260 crore. The first...
Universal offers to sell Downtown’s Curve to win EU approval, source says
Universal Music Group has offered to sell royalty services platform Curve in an attempt to address EU competition concerns over its $775 million bid for Downtown Music, a person with direct knowledge of the matter said...
BAE Systems halves stake in Kazakh carrier Air Astana
Britain’s BAE Systems said on Tuesday it will cut its stake in Kazakh carrier Air Astana by nearly half. The aircraft maker, which currently holds about 16.95% stake in Air Astana, is selling global depository...
SaaS firm Wingify acquires Blitzllama to push AI-led user research
Software as a service (SaaS) firm Wingify, which operates the experience optimisation platform VWO, announced the acquisition of Blitzllama, an AI-powered user insights platform that helps businesses capture and analyse...
Roomba maker iRobot files for bankruptcy, to go private after buyout
Roomba vacuum cleaner maker iRobot said on Sunday that it had filed for bankruptcy protection, and would go private after being acquired by Picea, its primary manufacturer. The company, which raised concerns about...
ServiceNow in advanced talks to acquire cybersecurity startup Armis for upto $7 billion, says report
After Alphabet and Palo Alto Networks each acquired cybersecurity firms, tech company ServiceNow Inc., is in advanced talks to buy Armis, and Israeli military veterans-run cybersecurity startup for up to $7 billion...
Law firms Winston & Strawn, Taylor Wessing in talks to merge
U.S. law firm Winston & Strawn and the UK’s Taylor Wessing are in talks to merge, in what would be the latest large-scale transatlantic law firm combination. Winston & Strawn and Taylor Wessing UK...
Crypto giant Tether tests Agnelli family resolve with all cash bid for Juventus
The Agnelli family has no intention of selling Juventus to crypto group Tether or anyone else, sources close to the family’s holding company Exor said, after Tether bid for Italy’s most historically...
Honasa Consumer acquires personal care brand Reginald Men
Honasa Consumer, the parent company of beauty and personal care firm Mamaearth, has entered the men’s grooming segment with the acquisition of the brand Reginald Men. The Gurugram-based company initially acquired a 95%...
Jhunjhunwala family, Madhu Kela queue up to pick ICICI Prudential AMC stake ahead of IPO
A clutch of 26 marquee investors, including the likes of the billionaire Jhunjhunwala family, Madhusudhan Kela, Manish Chokhani, and Prashant Jain, have picked up a stake in ICICI Prudential Asset Management...
EU antitrust regulators erred in clearing Broadcom’s VMware deal, cloud industry lobby says
EU antitrust regulators failed to analyse properly the risks of Broadcom’s $69 billion acquisition of cloud computing firm VMware before clearing the deal, the Cloud Infrastructure Services Providers in Europe...
Leo Dryfruits & Spices Trading Limited enters into a Share Purchase Agreement to acquire 60% stake STK Food Processing Pvt. Ltd.
Leo Dryfruits & Spices Trading Limited (“Leo Dryfruits”) (BSE: 544329), a leading player in the premium dry fruits, spices, and namkeen segment, has entered into a Share Purchase Agreement to acquire a...
