The Competition Commission of India (CCI) on Tuesday said it has cleared a proposed joint venture between Mercuria Energy Netherlands BV and Tata International Singapore (Pte), and the merger of Indovida India into EPL...
Other
Gujarat Themis Biosyn jumps on acquisition of Japan-based MicroBiopharm
Gujarat Themis Biosyn surged 6.11% to Rs 391.40 after the company announced the acquisition of Japan-based MicroBiopharm Japan Co. (MBJ) for about JPY 21.5 billion, or nearly Rs 1,300 crore. The company has signed a...
Premier Energies promoters divest 5.3% stake; JM launches pvt credit fund
Promoters of Premier Energies, a renewable energy firm, offloaded 5.3 per cent stake in the company for ₹2,413 crore. According to exchange data, promoter group entities and family members — including Surenderpal Singh...
Italy’s CDP Equity to raise stake in payments group Nexi to 29.9% in strategic move
Italy’s state investor CDP Equity said on Monday it plans to raise its stake in Europe’s biggest payments group Nexi to as much as 29.9%, shoring it up against takeover interest and volatile shareholder...
Jardine Matheson to buy Australia’s I-MED at $2.4 billion enterprise value in healthcare push
Jardine Matheson said on Monday it has agreed to buy Australian medical imaging provider I-MED Radiology Network for a total enterprise value of A$3.4 billion ($2.4 billion), adding a major healthcare diagnostics...
Uber weighs higher bid for Delivery Hero, FT reports
Uber’s board met on Saturday to discuss raising its offer for Delivery Hero after a major shareholder rebuffed Uber’s bid that would value the German food delivery group at over 11.5 billion euros ($13.39...
China’s JD.com weighs £2 billion bid for UK retailer The Very Group: Report
Chinese ecommerce giant JD.com is eyeing a potential £2 billion ($2.69 billion) bid for the British online shopping platform The Very Group, Sky News reported on Friday, in its latest push to expand in the UK...
Russia launches tender to organise sale of 23.76% stake in Aeroflot, RBC reports
Russia launched a tender to select an organiser for the sale of a 23.76% stake in flagship carrier Aeroflot, RBC news outlet reported on Friday, citing the country’s state property agency. The agency...
Shein to buy apparel retailer Everlane
U.S. apparel brand Everlane said on Friday it had reached an agreement to be acquired by online retailer Shein, giving the fast-fashion company ownership of a brand known for sustainability and supply-chain...
UK’s Bodycote gets $2 billion Apollo buyout proposal
Bodycote said it had received a conditional all-cash proposal from Apollo, valuing the British thermal processing services group at about £1.52 billion ($2.04 billion) and sending its shares up as much as 19% on...
Canada’s OMERS sells 25% stake in Spanish energy logistics firm Exolum
Canadian pension fund OMERS has agreed to sell its 25% stake in Spanish energy logistics company Exolum to European real assets investment firm Stoneshield Capital and another investor. The following details are from...
Healthtech unicorn Innovaccer acquires CaduceusHealth amid AI push
Silicon Valley-based healthtech unicorn Innovaccer has acquired 29-year-old billing firm CaduceusHealth, marking its fifth acquisition in two years. The deal will bring 4,000 US healthcare providers and nearly $5...
