Nuvei Corp has agreed to buy Paya Holdings Inc in a deal valuing its smaller peer at $1.3 billion, the companies said on Monday, a move which would boost the Canadian payments firm’s operations in the United...
Adani eyes stake in state-backed power trader PTC India – Bloomberg News
A stake for sale in state-backed electricity trader PTC India Ltd is attracting initial interest from potential suitors including Asia’s richest man Gautam Adani, Bloomberg News reported, citing people familiar...
ChrysCapital acquires IT service provider Xoriant
Private equity firm ChrysCapital said that it had acquired Xoriant, a software engineering and digital IT services provider to Fortune 100 companies. This is the second buyout from ChrysCapital’s ninth fund and...
Mirae Investments acquires industrial asset in Mumbai for Rs 130 cr
South Korea’s Mirae Asset Global Investments has acquired an industrial asset in Mumbai’s Bhiwandi for Rs 130 crore from Prakhhyat Group. The pre-leased grade A warehousing property in K-Square Integrated Industrial...
Kedaara, others explore part exit from Lenskart
Lenskart’s early backers, including Premji Invest, Kedaara Capital, TR Capital, and SoftBank, are seeking to sell a portion of their stake to Abu Dhabi Investment Authority, five people with direct knowledge of the...
Quess drops Allsec merger plans on investor dissent
Opposition from minority investors of AllSec Technologies Ltd and a 34% plunge in Quess Corp.’s share price has prompted the board of India’s largest staffing firm to withdraw its merger plans with AllSec in December...
Holland & Knight to merge with Nashville law firm in first big 2023 combination
U.S.-founded global law firm Holland & Knight and Nashville-based Waller Lansden Dortch & Davis have agreed to merge, the law firms said. The deal, to be completed during the first quarter, will create a firm...
SaaS firm RateGain enters into agreement to acquire Adara
RateGain Travel Technologies Limited (RateGain), a provider of SaaS solutions for travel and hospitality, said on Tuesday it has entered into a definitive agreement to acquire Adara (Adara) through an asset purchase...
NCLAT to hear Google’s appeal against CCI’s Rs1,337 crore penalty order today
The National Company Law Appellate Tribunal (NCLAT) will on Wednesday hear an appeal filed by Google LLC. contesting the Competition Commission of India’s (CCI) order imposing a fine of ₹1337 crore on the tech company...
DKSH sells its 25% stake in Swiss luxury watchmaker Bovet
DKSH will sell its 25% stake in Swiss luxury watchmaker Bovet to Pascal Raffy, the company said in a statement on Friday. The transaction makes Raffy, which already owns 75% of Bovet, the watchmaker’s sole owner...
BC Partners to acquire account-based marketing firm Madison Logic
Private equity firm BC Partners said on Thursday it has agreed to acquire a majority stake in Madison Logic, a provider of business-to-business digital marketing services. Terms of the deal were not disclosed, but a...
Dealmakers grapple with unprecedented US challenge to mergers
Investment bankers and deal lawyers accustomed to regulatory hurdles to their mergers face an unprecedented challenge under US President Joe Biden – antitrust watchdogs who are undaunted when they lose such...
