Finland’s Mandatum said on Monday it and Geely had agreed to sell their respective 19.8% and 49.9% stakes in Denmark’s Saxo Bank to Switzerland’s Safra Sarasin Group.
Dubai-based IHC’s arm sells stake in Adani Enterprises
Dubai-based IHC’s arm has sold 84.49 lakh shares in Adani Enterprises for around Rs 1,800 crore, according to a filing. The sale was executed through two entities — Green Vitality RSC and Green Energy Investment Holding...
Walchandnagar Inds hits the roof after inking pact to acquire 60% stake in Aicitta
Walchandnagar Industries hit an upper circuit of 5% at Rs 161.75 after the company entered into share subscription and shareholders’ agreement to acquire 60.3% stake in Aicitta Intelligent Technology Private...
Jindal Drilling & Industries acquires jack-up rig “Jindal Pioneer”
Jindal Drilling & Industries has acquired jack-up rig Jindal Pioneer from Discovery Drilling, Singapore, (a joint venture of the Company), at a consideration of USD 75 million. The said acquisition is funded by...
Competition Commission clears acquisitions by JSW Energy, Shell, Adani Infra
The Competition Commission of India (CCI) has approved seven acquisitions, including those by JSW Energy Ltd, Shell Plc and Adani Infra (India) Ltd. The competition watchdog approved all transactions without...
Disinvestment: The government must take a clear stance on PSE stake sales
In recent years, the government’s policy on disinvestment has been cloudy. While it has in the past endorsed the mantra that ‘the government has no business being in business,’ its actions would suggest otherwise. Its...
Fraud prevention software firm Riskified explores sale, sources say
Riskified, a provider of software that helps prevent e-commerce fraud, is exploring options including a potential sale after receiving takeover interest, according to people familiar with the matter. New York-based...
UK competition regulator clears $35 billion Synopsys-Ansys deal
Britain’s competition regulator on Wednesday cleared chip-design-software maker Synopsys’ $35 billion deal to buy Ansys after accepting certain remedies from the companies. The regulator said it would not...
M2P Fintech in talks to acquire AI startup Vue AI in distress deal
M2P Fintech, a financial technology infrastructure startup, is in advanced talks to acquire Mad Street Den that owns the artificial intelligence platform Vue.ai in a distress sale for around $10-15 million in cash and...
Garageplug Acquires Freshreview For An Undisclosed Amount
GaragePlug, a global forerunner in automotive service digitalization, today announced that it has strategically acquired Freshreview, a leading AI-based reputation and review management platform. This strategic...
Board of Coforge approves acquisition of Rythmos Inc. and TMLabs
The Board of Coforge at its meeting held on 04 March 2025 has approved the following acquisitions: (a) The company, through its wholly owned subsidiary, Coforge Inc., has agreed to enter into a stock purchase agreement...
NCLT rejects Talwandi Sabo power unit’s scheme in Vedanta demerger
The National Company Law Tribunal dismissed the demerger scheme filed by Talwandi Sabo Power Ltd (TSPL) at an initial state in a setback for the five-way spinoff of its parent Vedanta Ltd. The tribunal’s Mumbai bench...
