M&A Digest

True North in talks to buy 26% stake in Federal Bank’s NBFC

Advent-backed ASK Group is working on a $250 million IPO

Flipkart Walmart deal would be good for e-commerce: Amazon India head

Will acquire IP in areas where we do not have competency, says TCS COO

IBC proceedings: 78 liquidation orders, a handful of resolutions

Insolvency proceedings: Uttam Galva Steels asks lenders for counter-offer

Mahindra Electric ties up with Meru for e-vehicle project

Numetal to go with the original Essar Steel bid

HNA cuts stake in Deutsche Bank: filing

Toshiba still aiming to complete sale of memory chip unit soon

Fresenius pulls out of Akorn takeover over data integrity

CenterPoint Energy nears deal to acquire Vectren – sources

How SoftBank is steering e-commerce consolidation against Google, Amazon

Canada’s Caisse pension fund reveals stake in Kinder Morgan

Activist investor Jana takes 9.1 percent stake in Pinnacle Foods

Petrobras gets three bids for gas pipeline network: sources

Ambit CEO Ashok Wadhwa to buy QInvest stake in the group

Thyssenkrupp: JV with Tata Steel to be finalised by 2018-end

Schneider-Temasek may announce a deal to buy L&T’s electric & automation business

Warburg set to exit Avtec, sell 30% stake to CK Birla Group

British PE firm Actis close to buying solar assets of India’s Shapoorji Pallonji

Statoil eyes partnership with ONGC to re-enter India’s hydrocarbon space

Walmart, eBay fresh round of talks likely for $12 bn deal with Flipkart

Dassault to continue Reliance Group joint venture