The European Commission is examining the Italian government’s sale of a 15% stake in Monte dei Paschi di Siena last year, following claims that large investors were shut out of the bidding process, the Financial...
Prosus ‘very confident’ of early EU approval for $4.7-billion Just Eat deal
Prosus is “very confident” of securing early EU antitrust approval for its 4.1-billion-euro ($4.72 billion) acquisition of Just Eat Takeaway.com, the Dutch technology investor said on Monday. Prosus sought...
Anthony Pompliano’s crypto venture ProCap Financial to go public via SPAC deal
Anthony Pompliano’s crypto venture ProCap Financial will go public in the U.S. through a merger with blank-check vehicle Columbus Circle Capital Corp, the American entrepreneur said on Monday. The combined company...
Snap Inc acquires social calendar app Saturn to deepen Gen Z engagement
Snap Inc. has acquired Saturn, a social calendar app used by high school students across the US, the company confirmed on Friday. While financial terms of the deal were not disclosed, the app will continue to operate...
Hindalco Inds rises after acquiring 100% stake in Aditya Holdings LLC via subsidiary
Hindalco Industries rose 1.84% to Rs 653.25 after the company announced that its wholly owned subsidiary, A.V. Minerals (Netherlands) N.V., had acquired a 100% stake in Aditya Holdings LLC, making it a step-down wholly...
Krutrim acquires BharatSah’AI’yak to expand AI footprint in public sector
Krutrim, the artificial intelligence start-up founded by Ola’s Bhavish Aggarwal, has acquired BharatSah’AI’yak, an AI-powered platform developed by Samagra, in a move aimed at deepening its footprint in India’s public...
Buyout firm Penta chooses bankers for sale of Britain’s Amber River, sources say
Private equity firm Penta Capital has enlisted bankers to sell financial planning company Amber River, four sources familiar with the matter said, in what would be the latest in a wave of dealmaking to hit...
Haveli Investments to buy AI database firm Couchbase for about $1.5 billion
Haveli Investments will acquire Couchbase for about $1.5 billion, the companies said on Friday, as the private equity firm looks to capitalize on the artificial intelligence-focused database company’s platform...
TPG likely to sell 6% stake in Sai Life Sciences at estimated price of Rs 885 crore in block deal: Report
Global assets management company TPG is likely to sell 12.5 million shares representing 6% stake Sai Life Sciences at an estimated deal size of $102 million (Rs 885 crore), according to a report. The base price of the...
Insurtech firm Renewbuy bags $10 million from Apis, 360 One
Insurance broking startup Renewbuy has secured $10 million (about Rs 86 crore) in a funding round from existing investors, London-based Apis Partners and 360 One (previously IIFL Wealth), according to people with...
Reliance, Havells in race to acquire majority control in Whirlpool India
Reliance Retail and appliance maker Havells India have entered the race to buy a majority stake in Whirlpool of India Ltd, the listed subsidiary that contributes the bulk of Whirlpool Corporation’s Asian revenue...
Straive Acquires SG Analytics to Bolster Data Analytics & AI Operationalization Capabilities
Straive, a global leader in Data, Analytics, and AI Operationalization, today announced its acquisition of SG Analytics, a leading provider of AI-powered Insights and contextual analytics services. Founded in 2007, SG...
