Thoma Bravo will acquire Verint Systems in a $2 billion deal, including debt, the customer engagement platform said on Monday, marking the latest software buyout as private equity firms increasingly bet on AI to...
Foseco India inks deal to acquire 75% stake in Morganite Crucible (India)
Foseco India has executed a definitive agreement to acquire a 75% stake in Morganite Crucible (India) (MCIL), from its current promoters viz. Morganite Crucible and Morgan Terrassen B.V., part of the Morgan Group of...
Neo Infra Income Opportunities Fund buys SolarArise in ₹1,400 cr deal
Neo Group’s flagship infrastructure fund, Neo Infra Income Opportunities Fund (NIIOF), has bought SolarArise India Projects Pvt. Ltd from the London Stock Exchange-listed ThomasLloyd Energy Impact Trust for an...
Centrum Capital signs agreement to sell Affordable Housing Finance Business to Weaver Services
Centrum Capital Limited has signed an agreement to divest its full stake in Centrum Housing Finance Ltd. (CHFL), its affordable housing finance business, to Weaver Services, a new age Housing finance company. The...
Oswal Greentech acquires 5% stake in Oswal Agro Mills
Oswal Greentech announced that it has acquired 4.99% stake in Oswal Agro Mills (OAML) for a total consideration of Rs 50.91 crore. OAML is primarily engaged in the business of trading/ development of real estate...
US acquires 10% stake in Intel under Trump’s new approach to chip strategy
US President Donald Trump signed a deal with Intel Corporation to acquire a 10 per cent stake, part of an effort to revive the struggling chipmaker and strengthen domestic semiconductor production. The deal, finalised...
WestBridge Capital to acquire 15% stake in Edelweiss Asset Management
Edelweiss Financial Services Ltd (EFSL) on Friday said global investment firm WestBridge Capital is acquiring a 15 per cent stake in Edelweiss Asset Management for Rs 450 crore. This transaction valued the asset...
Databricks to buy Sequoia-backed Tecton in AI agent push
Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed at offering full-scale AI building tools for enterprise customers, its chief executive told...
US to take 10% equity stake in Intel, in Trump’s latest corporate move
President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share, the latest extraordinary intervention by...
UK competition watchdog begins probe into Getty Images-Shutterstock deal
Britain’s antitrust watchdog on Friday said it has launched an investigation into U.S.-listed Getty Images’ $3.7 billion merger with rival Shutterstock. The Competition and Markets Authority said it set...
PAG, Apax & others in race to buy US digital firm Accion
About half a dozen suitors, including PAG and Apax Partners, have expressed strong interest in acquiring Accion Labs, a US-based digital-focused software product engineering company, according to people familiar with...
Enviro Infra shares gain 5% as unit acquires Vento Power for ₹115.6 crore
Shares of Enviro Infra Engineers Ltd. rose over 5 per cent on Friday after its subsidiary acquired Vento Power Infra Pvt. Ltd. from PTC India Financial Services Ltd. for ₹115.6 crore. The water supply and management...
