Blackstone, the world’s largest alternative asset manager, is selling its remaining stake in Sona BLW Precision Forgings Ltd (Sona Comstar) for $640 million, two people aware of the deal said. The sale of shares through...
S&P Global acquires firm to bolster capability to track commodity shipments
S&P Global Commodity Insights said on Monday it has acquired UK-based technology firm Tradenet and its live vessel-tracking platform Market Intelligence Network (MINT) to bolster its capability to track and analyse...
US government appeals approval of Voyager sale to Binance.US
The U.S. Department Justice has appealed a court order approving Voyager Digital’s bankruptcy plan, creating a new hurdle for the crypto lender’s plan to sell its assets and transfer its customers to Binance...
InCred Capital acquires 20% stake in HR tech startup TeamNest
Financial services firm InCred Capital said it has acquired 20% stake in TeamNest, an HR SaaS platform which helps businesses manage their payroll and human resources functions. “InCred Capital’s investment...
ADIA close to buying a $500 million stake in eyewear startup, Lenskart
Abu Dhabi Investment Authority is nearing a deal to acquire a stake in Indian eyewear startup Lenskart Solutions Pvt. for about $500 million, according to people familiar with the matter. The Middle Eastern sovereign...
Reliance Industries completes acquisition of two polyester firms
Reliance Industries subsidiary Reliance Polyester Limited has completed the acquisition of the polyester business of Shubhalakshmi Polyesters Limited and Shubhlaxmi Polytex Limited. RIL informed the investors about this...
3D printer maker Nano offers $1.1 bln for remaining stake in Stratasys
Nano Dimension Ltd offered to buy the remaining stake in Stratasys Ltd it does not already own for about $1.1 billion, as the Israeli firm looks to scale up its 3D printing business with the acquisition of the larger...
US FTC will seek to stop ICE from buying Black Knight
The U.S. Federal Trade Commission on Thursday said it would take action aimed at stopping New York Stock Exchange parent Intercontinental Exchange from acquiring mortgage data vendor Black Knight in a $13.1 billion deal...
Russia-based Insight Group acquires Deere & Co leasing arm
Russia-based private equity firm Insight Investment Group has acquired the Russian leasing arm of farm equipment maker Deere & Co, a state register of corporate entities showed. Insight Investment Group confirmed...
NARCL acquires Helios Photovoltaic
The National Asset Reconstruction Company (NARCL), the state-sponsored bad bank, closed its second purchase of bad debt by acquiring Helios Photovoltaic, earlier known as Moser Baer Photo, two people aware of the matter...
Torrent moves SC after NCLAT verdict favouring RCap lenders
Torrent Investments, one of the highest bidders in Reliance Capital (RCap) insolvency, moved Supreme Court challenging a recent order by National Company Law Appellate Tribunal (NCLAT), a court listing showed .“The...
Black Knight sells unit to address FTC concerns on ICE deal
NYSE-owner Intercontinental Exchange Inc (ICE) and Black Knight Inc agreed to sell one of the mortgage data vendor’s units to quell antitrust concerns, but said they would take the battle to court to save the...
