Botswana is working on acquiring a majority stake in De Beers, President Duma Boko said on Monday, after Angola announced a rival bid to control the giant diamond company. Botswana, which owns 15% of De Beers and...
Adani Enterprises likely to pip Vedanta to emerge highest bidder for Jaiprakash Associates
Adani Enterprises Ltd is likely to emerge as the highest bidder to acquire Jaiprakash Associates Ltd (JAL) through insolvency process as its offers to pay acquisition amount in two years have been found better than...
Macquarie shortlists three bidders for road assets sale
Global infrastructure investor Macquarie Asset Management (MAM) has shortlisted three bidders — France’s VINCI Highways, Edelweiss-backed Sekura Roads, and KKR-backed Vertis Infrastructure Trust — for the proposed sale...
AGL sells Tilt Renewables stake to QIC, Future Fund for $487 million
Australia’s AGL Energy has agreed to sell nearly all of its 20% stake in clean energy developer Tilt Renewables for A$750 million ($487 million), booking a big profit on the sale to its two existing government...
Permira nears $2.68 billion deal for UK fund administrator JTC, FT reports
Private equity group Permira is nearing a deal to buy London-listed financial services firm JTC for more than 2 billion pounds ($2.68 billion), the Financial Times reported on Sunday. The planned purchase of JTC, which...
CCI approves proposed merger of Girnar group firms with Artivatic Data Labs
Fair trade regulator CCI on Friday cleared the proposed merger of four entities of CarDekho owner Girnar group into Artivatic Data Labs. The four entities are Girnar Finserv, Girnar Insurance Brokers, D2C Consulting...
CCI approves proposed merger between InsuranceDekho and RenewBuy
The Competition Commission of India (CCI) on Friday granted its approval for the proposed merger between insurtech firms InsuranceDekho and RenewBuy. According to the CCI release, “CCI approves the proposed merger of...
BirlaNu acquires Clean Coats for ₹120 crore to strengthen portfolio
BirlaNu, part of the C K A Birla Group, will acquire Mumbai-based Clean Coats Private Limited for Rs 120 crore, the company said in a statement on Friday. An agreement to this effect has been signed between the parties...
Indonesia discussing plan for merger of Grab and GoTo, official says
Indonesia is discussing a possible merger or acquisition between ride-hailing and food delivery firm Grab and its rival GoTo, the presidential spokesperson said on Friday. The government considers the ride-hailing...
Lance Pte to acquire 20% stake in AWL Agri Business from Adani Commodities
AWL Agri Business Limited, formerly known as Adani Wilmar Limited, is said to sell its 20% stake to promoter group Lence Pte Ltd., which already owns around 44% of shares in the company. Once the proposed transaction is...
TCI Express board approved acquisition of TCI Global (Singapore)
The Board of Directors of TCI Express in its meeting held on 06 November 2025 has accorded approval for the acquisition of 100% of the equity shares of TCI Global (Singapore). The proposed acquisition is being...
Gunvor withdraws bid to buy Russian Lukoil assets after US calls it ‘Kremlin’s puppet’
Swiss commodity trader Gunvor said on Thursday it has withdrawn its proposal to buy foreign assets of Russian energy company Lukoil after the U.S. Treasury called it Russia’s “puppet” and signaled...
