Gurugram-based online travel platform Ixigo has acquired a 55% stake in hotel-booking brand Brevistay for Rs 66 crore, the company said in a statement on Friday. Ixigo, which went public in 2024, said it may increase...
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Law firm Morgan & Morgan explores stake sale, eyes long-term IPO, sources say
Morgan & Morgan, the largest U.S. personal injury law firm, has hired JPMorgan to explore a minority stake sale that could pave the way for a public listing years from now, according to two people familiar with the...
William Hill UK owner Evoke agrees $326 million takeover by Greek lottery firm
British bookmaker Evoke agreed to be acquired by Greek lottery and gaming firm Bally’s Intralot on Friday in an all-share deal valuing it at about £243 million ($326 million), sending its shares up 14%...
US officials eye government stakes in AI companies, NOTUS reports
Senior U.S. officials held preliminary discussions with major AI companies about the potential for the government to buy some shares in their firms, digital news outlet NOTUS on Thursday, citing three people familiar...
Goldman Sachs buys ₹210-crore stake in Groww parent via block deal
Global financial services firm Goldman Sachs on Thursday bought more than 1.13 crore shares of Billionbrains Garage Ventures, the parent company of Groww, from venture capital firm Friale for ₹210 crore through an open...
Ares-backed medical spa chain LaserAway explores sale, sources say
LaserAway is exploring a sale that could value the medical spa chain at more than $2 billion, according to people familiar with the matter. The company, which is backed by its founders, Ares Management and Seidler...
Universal Music buys back part of Ackman’s Pershing stake after $64 billion bid fails
Universal Music Group said on Thursday it has repurchased some of the shares sold by Bill Ackman’s Pershing Square, after the billionaire investor’s takeover proposal for the music company was rejected...
A SpaceX-Tesla merger may be too big to stop
What better way to follow up the biggest initial public offering in history than with the biggest M&A deal? As rocket-maker SpaceX soars towards a listing that could value it at $1.75 trillion, a tie-up with the...
EU regulators pause probe into $1.65 billion UPM-Sappi deal, await data
EU antitrust regulators have paused their review of a proposed €1.42 billion ($1.65 billion) paper joint venture between Finland’s UPM-Kymmene and South African-listed Sappi, pending information from the...
Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 million
Wipro Ltd announced on Monday that it will purchase an additional 20% stake in the US-based insurtech firm Aggne Global Inc in an all-cash deal valued at $28.5 million. The transaction comes more than two years after...
Scripbox acquires wealth manager Bluechip Capital to expand offerings
Bengaluru-based wealth management startup Scripbox has acquired New Delhi-based wealth management firm Bluechip Capital, the company said in a note on Monday. The acquisition will help Scripbox expand its client base...
Clayfin Expands into Voice AI Capabilities with Strategic Acquisition of Louie Voice
Clayfin, a leading provider of digital banking and customer experience solutions for financial institutions, today announced the strategic acquisition of Louie Voice, an innovative voice banking platform focused on...
