British online trading platform IG Group said on Friday it had acquired Australian cryptocurrency exchange Independent Reserve for A$178 million ($117.41 million), expanding its digital offerings and presence in the...
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Dixon Technologies shares in focus on Rs 553 crore acquisition for 51% stake in Q Tech Microelectronics
Shares of Dixon Technologies (India) Ltd are likely to be in focus on Thursday after the company announced a Rs 552.99 crore deal to acquire a 51% majority stake in Kunshan Q Tech Microelectronics (India) Pvt Ltd. In a...
PayU raises stake in Mindgate to 70% as valuation hits $300 million
Digital payments major PayU has acquired an additional 27% in Mindgate Solutions, increasing its stake in the Mumbai-based payment processing company to a majority 70%. The acquisition valued Mindgate at around $300...
Nvidia takes $5 billion stake in Intel, offers chip tech in new lifeline to struggling chipmaker
Nvidia said on Thursday it would invest $5 billion in Intel, throwing its heft behind the struggling U.S. chipmaker just weeks after the White House engineered an extraordinary deal for the federal government to take a...
Natura shares surge after deal to sell Avon businesses outside Latin America
Brazilian cosmetics maker Natura said on Thursday it has agreed to sell its Avon International unit to holding firm Regent, ending a long period of uncertainty after announcing last year it was weighing alternatives for...
Advent recently explored offer for Britain’s JTC, sources say
Advent International had been exploring a possible bid for British fund administrator JTC, according to two people familiar with the matter, potentially adding to a bidding war for the business. Advent in recent days...
Purell maker GOJO Industries explores options including a sale, sources say
Purell hand sanitizer maker GOJO Industries is exploring options including a full sale or offloading a minority stake, with any deal likely to value the privately-held company at close to $2 billion, according to people...
EQT kicks off sale of Nordic broadband and data centre business, FT reports
Swedish private equity firm EQT has launched the sale of its Nordic digital infrastructure business GlobalConnect, at a potential valuation of 8 billion euros ($9.43 billion), the Financial Times reported on Friday...
IL&FS to exit Roadstar Infra Investment Trust in debt clean-up
Bankrupt infrastructure conglomerate IL&FS Group is preparing to sell its entire residual stake in Roadstar Infra Investment Trust (InvIT) as part of its protracted debt resolution plans, said people familiar with...
Piramal Enterprises rises 4% as NCLT approves merger of its subsidiary
Piramal Enterprises shares rose 3.6 per cent on Wednesday, logging an intra-day high at ₹1,185 per share on BSE. At 11:37 AM, Piramal Enterprises’ share price was trading 3.6 per cent higher at ₹1,185 per share on BSE...
Craftsman Automation acquires stake in solar power company
Craftsman Automation has made an equity investment in Event Green Power (EGPL) for solar power under the Group Captive Scheme as required under the provisions of the Electricity Act, 2003. The company has invested Rs...
Brazil’s antitrust watchdog approves acquisition of Wickbold by Bimbo
Brazil’s antitrust watchdog CADE unanimously approved on Wednesday the acquisition of local bakery group Wickbold by Mexico’s Bimbo, but imposed restrictions that include some asset divestitures. CADE...
