National Company Law Appellate Tribunal (NCLAT) has upheld the admission of a class action lawsuit against Jindal Poly Films in a hearing on Thursday. Jindal Poly Films had approached NCLAT challenging a 5 February...
Brnd.me completes Singapore-to-India merger, eyes IPO in 12-18 months
Roll-up ecommerce firm Brnd.me (formerly Mensa Brands) has completed a cross-border composite merger shifting its domicile from Singapore to India, as it prepares for a public listing over the next 12-18 months. The...
Nintendo plans around $1.9 billion share sale by Kyoto bank and others
Nintendo plans an unwinding of strategic shareholdings that would see companies including MUFG Bank and the Bank of Kyoto selling shares of the “Super Mario” maker, according to three sources familiar...
Capillary Technologies to acquire Mastercard-subsidiary Session M Inc. for $20 million
Capillary Technologies India has announced the acquisition of Session M Inc., a U.S.-based loyalty and customer engagement platform, from payments giant Mastercard Inc. in an all-cash deal valued at approximately $20...
Native acquires strategic stake in RPO venture Woven
Native has acquired a strategic stake in India-focused recruitment process outsourcing (RPO) venture Woven as part of its plan to build an integrated, end-to-end talent solutions platform, the companies said on Thursday...
Victory Capital goes public with $8.6 billion rival bid for Janus Henderson
Victory Capital went public with its $8.6 billion offer for Janus Henderson on Thursday, ratcheting up pressure on the asset manager that previously agreed to a $7.4 billion buyout by Nelson Peltz’s Trian and...
Dubai Aerospace to buy Macquarie AirFinance in $7 billion deal
Dubai Aerospace Enterprise said on Thursday it will buy aircraft leasing firm Macquarie AirFinance for an enterprise value of about $7 billion, creating a combined fleet of 1,029 planes and one of the world’s...
Brinks to acquire NCR Atleos in $6.6 billion deal
Brinks Co on Thursday said it will acquire NCR Atleos in a cash-and-stock deal valued at about $6.6 billion including debt, sending the cash management and logistics provider’s shares down 6% in after-hours...
France’s Engie to buy UK power grid from Hong Kong conglomerate for $14 billion
French utility Engie will buy electricity distributor UK Power Networks for 10.5 billion pounds ($14.2 billion) in a bid to expand its power business, the company said on Wednesday as it reported flat full-year earnings...
LG Energy selling its 7.5% stake in lithium firm Liontown, term sheet shows
South Korea’s LG Energy Solution is selling its 7.5% stake, or shares worth at least A$419 million ($297.99 million), in Australian lithium producer Liontown in a block trade, according to a term sheet. The South...
Wondrlab in talks to acquire Madison World from Sam Balsara in Rs 1,000 crore deal
Marketing and digital network Wondrlab is in the final stages of acquiring homegrown advertising major Madison World from founder Sam Balsara for about ₹1,000 crore ($120 million), according to two people familiar with...
Graphics platform Canva acquires video ad startup Mango AI and animation company Cavalry
Canva, a graphic design and visual communication platform, on Tuesday announced the acquisition of UK-based 2D animation software company Cavalry and American video ad startup MangoAI, as it steps up its push into AI...
