KKR & Co. plans to split India’s largest waste management company Re Sustainability Ltd and sell its industrial waste management business at a valuation of at least $1 billion, or ₹8,300 crore, multiple people...
Bankruptcy court orders liquidation of Mehul Choksi-promoted Gitanjali Gems
The Mumbai bench of the National Company Law Tribunal has ordered the liquidation of fugitive diamantaire Mehul Choksi-promoted firm Gitanjali Gems. The tribunal has also appointed Santanu T Ray as the liquidator. The...
SoftBank-backed fintech startup Juspay acquires LotusPay in all-cash deal
SoftBank-backed payments infrastructure firm Juspay has acquired LotusPay in an all-cash deal. Bengaluru-based Juspay provides payments solutions for leading companies in various sectors such as BFSI, ecommerce, travel...
Device-care provider Onsitego acquires Qdigi Services from Quess Corp
Accel-backed device-care provider Onsitego has acquired Qdigi Services from business services provider Quess Corp for Rs 80 crore. The transaction is expected to complete in the next two to three months with Quess...
SoftBank-backed Cohesity to buy Veritas data security unit, create $7 bln firm
U.S. data security software firm Cohesity told Reuters on Wednesday it has agreed to acquire Veritas’ data protection business in a deal that values the combined entity at $7 billion. The cash and stock...
Hillhouse Investment acquires Singapore’s InCorp Global
Singapore-headquartered corporate solutions and business advisory firm InCorp Global said on Thursday it has been acquired by global alternative investment firm Hillhouse Investment. No financial details of the...
Amundi buys Alpha Associates in latest private markets tie-up
Amundi, Europe’s biggest fund manager, said on Wednesday it will buy Zurich-based private markets specialist Alpha Associates, part of a growing trend of investors betting on fast-growing alternative assets...
OneVerse acquires Spartan Poker; sets aside $120 million for M&A in real-money gaming
Metaverse and gaming tech company OneVerse has acquired online poker startup Spartan Poker and earmarked $120 million (~Rs 1000 crore) for mergers and acquisitions targeted towards real-money gaming companies in India...
Woodside Energy, Santos scrap talks on $52 bln merger
Australia’s Woodside Energy and Santos said they had ended talks to create a possible A$80 billion ($52 billion) global oil and gas giant, and Santos flagged it would look for other ways to bolster its value...
British tech firm Onfido nears sale to Entrust Corp – sources
British technology group Onfido is in advanced talks to sell itself to U.S.-based Entrust Corp, two people familiar with the matter told Reuters. Onfido, which uses artificial intelligence to verify customer identities...
Blackstone exploring stake sale in telecom networks company Sipartech – sources
U.S. private equity giant Blackstone is exploring the sale of its stake in French telecom infrastructure provider Sipartech, according to two sources with knowledge of the situation. Blackstone is looking to hire...
China’s Fosun explores sale of minority stake in $800 mln Club Med -sources
Chinese conglomerate Fosun International is exploring the sale of a minority stake in its luxury resort chain Club Med, targeting a valuation of $800 million for the whole business, according to two people with...
