Telangana government has agreed to take over Phase-I of the Hyderabad Metro Rail project from L&T Group by paying Rs 2,000 crore for the equity in the concessionaire L&T Metro Rail Hyderabad Ltd, official...
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Prosus’ OLX to buy French classified platform La Centrale in $1.3 billion deal
Online marketplace OLX will buy French motors classified platform La Centrale for 1.1 billion euros ($1.3 billion), its owner Prosus said on Friday. Amsterdam-headquartered Prosus, which is majority-owned by South...
Private equity firm Novacap to buy Integral Ad Science for $1.9 billion
Private equity firm Novacap will buy Integral Ad Science in a deal valuing the target at around $1.9 billion, the digital ad verification company said on Wednesday. Novacap, having more than $10 billion in assets under...
Crisil to acquire McKinsey PriceMetrix Co
Crisil, an S&P Global Company, announced the acquisition of McKinsey PriceMetrix Co. (PriceMetrix), a leading provider of performance benchmarking and data-driven insights for the wealth management industry...
Continuum Green to acquire remaining 26% stake from CEIL
Continuum Green Energy Holdings would acquire the remaining 26% stake held by Clean Energy Investing (CEIL), an investment vehicle backed by Morgan Stanley Infrastructure Partners, marking the US investor’s exit...
Cerberus Capital, IFC to fund Madhvani group’s Hindusthan National Glass buyout
Cerberus Capital and World Bank arm, International Finance Corporation (IFC), have provided Madhvani group a Rs. 1600 crore loan for its planned takeover of Hindusthan National Glass and Industries Limited (HNG)...
Dutch government sells nearly half of TenneT Germany for $11.3 billion
The Dutch government is selling 46% of power grid operator TenneT’s German unit to an investor consortium for up to 9.5 billion euros ($11.3 billion), it said, kicking off the separation from a business it has...
Lego buys entertainment centres from Madame Tussauds owner Merlin for $270 mln
Danish toymaker Lego said on Wednesday it will buy 29 discovery centres from theme park operator Merlin Entertainments in a 200 million pounds ($269.5 million) deal, in line with a strategy to strengthen control over...
Private equity firm Novacap to buy Integral Ad Science for $1.9 billion
Private equity firm Novacap will buy Integral Ad Science in a deal valuing the target at around $1.9 billion, the digital ad verification company said on Wednesday. Novacap, having more than $10 billion in assets under...
Refex Industries shares soar 17% after board approves green mobility business demerger scheme
Shares of Refex Industries surged 17.3% in Tuesday’s trade after the company announced that its Board of Directors had approved a composite scheme of amalgamation and arrangement aimed at unlocking the potential of its...
Swiggy shares in focus after Rs 2,399 crore stake sale in Rapido, Instamart slump sale
Shares of online food delivery platform Swiggy will be in focus on Wednesday after its Board of Directors approved three major transactions on September 23. These include the divestment of its stake in bike taxi...
Singapore’s Seatrium selling Texas shipyard to Turkey’s Karpowership for $51 million
Singapore-based Seatrium Limited said on Tuesday it has a deal to sell its “surplus” AmFELS Yard shipbuilding facility in Texas for $50.67 million to an affiliate of Karpowership. AmFELS Yard, located in the...
