Varun Beverages, PepsiCo’s largest franchise bottler, on Sunday announced to completely acquire South Africa-based firm Twizza, through its its own local subsidiary there – The Beverages Company Proprietary...
1Point1 Solutions to acquire Costa Rica BPM firm Netcom
1Point1 Solutions (1Point1), a provider of AI-driven business process management (BPM) solutions, has entered into a definitive share purchase agreement (SPA) to acquire Netcom Business Contact Center S.A., a Costa Rica...
HCLTech to buy telco solutions business from HPE
HCLTech, India’s third-largest IT services firm, on Thursday announced that it has signed an agreement to purchase the telco solutions business of US-headquartered Hewlett Packard Enterprise (HPE) for up to $160 million...
Haldiram’s enters strategic partnership with L Catterton
Global consumer-focused investment firm L Catterton on Thursday announced a strategic partnership and investment in India’s largest ethnic snacks company Haldiram’s. The consumer-focused investment firm backed by...
Board of Spice Lounge Food Works approves acquisition of Singapore based Prisha Infotech
Spice Lounge Food Works announced that its Board of Directors has approved the acquisition of 100% stake in Singapore based Prisha Infotech, for a total consideration of $1,50,000 marking a strategic expansion into...
Mizuho Financial Group acquires Avendus from KKR
Mizuho Financial Group is buying a controlling stake in home grown investment bank Avendus, giving KKR an exit from its nine-year old investment, as Japanese mega banks continue to pick India to deploy significant...
Shriram Finance board to weigh stake sale to MUFG
Shriram Finance’s board would meet Friday to likely consider an equity stake sale in the vehicle financier to Japanese banking giant, the Mitsubishi UFJ Financial Group (MUFG). Shriram said in a customary filing...
Japanese giant Mizuho to acquire majority stake in India’s Avendus from KKR
Avendus, an Indian institutional financial services firm, said on Wednesday that Redpoint Investments, an affiliate of KKR, will sell its stake in the company to Mizuho Securities Co. Ltd, a unit of Mizuho Financial...
MUFG nears $3.2 bn deal to acquire minority stake in Shriram Finance
Mitsubishi UFJ Financial Group Inc. is nearing a deal to buy a minority stake in India’s Shriram Finance Ltd., according to people familiar with the matter, the latest foreign bank seeking to build a presence in the...
Mizuho looks to wrap up Avendus acquisition this week
Mizuho Financial Group is finalising terms to acquire KKR-backed Avendus Capital at a Rs 5,900-crore valuation, almost six months after it had first agreed to buy the home-grown investment bank, said people in the know...
Fairfax emerges as frontrunner to acquire government-LIC stake in IDBI Bank
Toronto-based Fairfax Financial is leading the race to acquire a controlling stake in IDBI Bank from the Centre and Life Insurance Corp of India (LIC) ahead of a December-end deadline for submission of financial bids...
United Hospitality Management expands into India with acquisition of Rosastays
Luxury and mixed use hospitality management firm United Hospitality Management (UHM) said it has officially entered the Indian market, through the acquisition of boutique hospitality brand Rosastays. The company’s India...
