Activist investor Jana Partners has urged Alkami Technology, a fintech provider for banks and credit unions, to explore a sale to a rival or private equity firm, Bloomberg News reported on Tuesday. The company was...
IBM nears roughly $11 billion deal for Confluent: Report
IBM is in advanced talks to acquire data-infrastructure company Confluent for about $11 billion, the Wall Street Journal reported on Sunday, in a move aimed at boosting Big Blue’s ability to capture growing demand...
Adani submits ₹15,000-crore plan for Jaiprakash Associates for NCLT’s approval
Billionaire Gautam Adani–promoted Adani Enterprises Ltd on Monday submitted its resolution plan of over ₹15,000 crore for bankrupt Jaiprakash Associates Ltd (JAL) before the Allahabad Bench of the National Company Law...
Infinity Natural Resources to acquire Ohio shale assets for $1.2 billion
Infinity Natural Resources said on Monday it will acquire upstream and midstream assets in Ohio from Antero Resources and Antero Midstream for a combined $1.2 billion.
SoftBank in talks to buy digital infra firm DigitalBridge
SoftBank is in talks to acquire digital infrastructure firm DigitalBridge, a source familiar with the matter told Reuters on Friday, as the Japanese conglomerate seeks to tap the firm’s AI-linked portfolio. The...
Barclays explores bid for British wealth manager Evelyn, sources say
Barclays has been exploring a potential acquisition of Evelyn Partners, one of Britain’s largest wealth managers, and is expected to place a bid next week, three people familiar with the matter told Reuters...
Robinhood to enter Indonesia with brokerage, crypto trader acquisition
Robinhood Markets will acquire Indonesian brokerage firm Buana Capital Sekuritas and licensed digital asset trader Pedagang Aset Kripto, marking the retail trading platform’s entry into one of Southeast...
Brookfield, GIC near binding offer for National Storage, Bloomberg News reports
Brookfield Asset Management and Singapore’s GIC are nearing a binding offer for National Storage REIT in a deal that may value the Sydney-listed company at about 4 billion Australian dollars ($2.65 billion), Bloomberg...
British American Tobacco plans to offload up to 15.3% stake in ITC Hotels via block deal
British American Tobacco p.l.c. (BAT) plans to sell 7%-15.3% stake in ITC Hotels via a block deal, the company informed via a media statement issued on Thursday. BAT announced that its wholly-owned subsidiaries, Tobacco...
Fintech firm Zaggle acquires Rio Money for Rs 22 crore; plans to invest Rs 75 crore post-acquisition
Fintech firm Zaggle, which offers spend management services, has acquired Rivpe Technology Private Limited (Rio.Money), a digital banking platform offering UPI-based payment solutions for Rs 22 crore, the company said...
Moglix acquires stake in NBFC Vanik for Rs 80 crore
Credlix, the lending subsidiary of Singapore-headquartered Moglix, an ecommerce portal for industrial goods, has invested Rs 80 crore in Vanik Finance for two-thirds stake in the Delhi-based non-banking finance company...
Owner of NYC’s Fordham Landing Housing Project Files Bankruptcy
The owner of Fordham Landing, a major housing development in the Bronx that’s attracted state investment, has filed bankruptcy to halt a foreclosure sale. Dynamic Star LLC and related corporate entities that own equity...
