Activist investor Pineal Capital Management has urged sweeping changes at Teladoc Health, calling for cost cuts and a potential breakup of the telehealth provider to unlock shareholder value. In an open letter to the...
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Burmans raise stake in Religare to 30% via open market purchases
The Burman family has increased their stake in Religare Enterprises to about 30% in the past month through open market purchases following a restructuring announcement by the company in mid-February, as per multiple...
American Exchange Group to buy sneaker maker Allbirds for $39 million
American Exchange Group (AXNY) entered an agreement on Monday to buy all the assets and liabilities of footwear maker Allbirds for $39 million. Here are some details on this: Allbirds plans to file a proxy statement...
Japan Post Insurance to acquire 2.9% stake in Britain’s Ashmore Group
British wealth manager Ashmore said on Tuesday that Japan Post Insurance (JPI) had agreed to acquire up to a 2.9% stake in the company and also invest $1 billion in Ashmore-managed emerging market funds...
Italy’s Poste seeks meeting with Telecom Italia board over takeover bid, sources say
Poste Italiane has asked the board of Telecom Italia (TIM) for a meeting where Chief Executive Matteo Del Fante could present the postal services group’s 10.8 billion euro ($12 billion) cash-and-share bid for the...
Prosus considers 10% Delivery Hero stake sale to Aspex, Bloomberg News reports
Dutch technology investor Prosus is considering selling a roughly 10% stake in Germany’s Delivery Hero, in which it is the largest shareholder, to Hong Kong-based Aspex Management, Bloomberg News reported on...
VINCI to acquire Macquarie’s India road assets for ₹15,000 cr
Global infrastructure investor Macquarie Asset Management (MAM) will sell its Toll-Operate-Transfer (ToT) 1 road assets in India to the highest bidder VINCI Highways, the French acquirer said Thursday. The transaction...
Moving Tech Innovation enters Europe with acquisition of Automicle Holding
Moving Tech Innovations (MTI), the company behind India’s leading open mobility platforms such as Namma Yatri, Yatri Sathi, Bharat Taxi, and Chennai One, announced on Thursday the acquisition of Netherlands-based...
Board of Aegis Vopak approves sale of 10% stake in Aegis Terminal (Pipavav)
The board of Aegis Vopak Terminals (AVTL) at its meetings held on 26 March 2026 has approved the following: – Proposed sale of 10% of the equity stake i.e 5000 equity shares of Rs 10/- of Aegis Terminal (Pipavav)...
KKCG Maritime sweetens offer for raising stake in Italian yacht maker Ferretti
Czech investment firm KKCG Maritime on Friday raised its voluntary offer to boost its stake in Italian yacht maker Ferretti, to as much as 203.3 million euros ($234.55 million). The revised offer of 3.90 euros per...
Malaysia’s Sunway wins shareholder approval for $2.76 billion IJM takeover bid
Malaysian conglomerate Sunway won shareholder approval for its proposed takeover of construction firm IJM Corp, with 99.27% voting in favour at an extraordinary general meeting on Thursday, its chairman Jeffrey Cheah...
Spanish gambling group Codere to go on sale for $2.3 billion, Expansion reports
Spanish gambling group Codere has hired Jefferies and Macquarie Capital to advise on the company’s imminent sale that could value it at more than 2 billion euros ($2.32 billion), newspaper Expansion reported on...
