Emaar Properties, the leading real estate developer in Dubai, announced on Thursday that it is in talks with multiple Indian companies, including the Adani Group, about a potential stake sale in its Indian subsidiary...
Amazon to acquire fintech lending startup Axio in a $200 million all-cash deal
Ecommerce major Amazon is set to acquire Bengaluru-based fintech Axio, valuing the buy-now-pay-later (NBPL) at around $190-200 million, three people in the know said. The deal, awaiting a nod from the country’s banking...
Sun Pharma’s unit Taro to acquire 100% stake in Antibe Therapeutics
Sun Pharmaceutical has announced that its subsidiary, Taro Pharmaceuticals, has entered into an agreement to acquire a 100 per cent stake in Antibe Therapeutics, a clinical-stage biotechnology company based in Ontario...
Sudarshan Chemical gains on acquiring Germany based company
Sudarshan Chemical Industries rose 1.33% to Rs 1,110.05 after the company announced that its wholly owned subsidiary, Sudarshan Europe B.V., has acquired Blitz F24-526 GmbH, a limited liability company based in...
Partners Group, Brookfield, Macquarie, Actis show interest to invest $200 mn in Excitel
A raft of investors including Switzerland-based Partners Group AG and Canada’s Brookfield Asset Management Inc have signed non-disclosure agreements (NDA) to potentially invest in internet services provider Excitel...
Suitor PepsiCo joins Haldiram Snacks queue; US execs in direct talks with Aggarwal family
PepsiCo has made a late entry into the competition for a stake in Haldiram Snacks Food, executives aware of developments said. Key contenders Temasek and Alpha Wave Global, the latter also a late-stage bidder, are said...
New Mountain Capital buys a majority stake in healthcare BPO Access Healthcare
New Mountain Capital, LLC, US based investment firm, has made a strategic investment in the Chennai & Texas -based healthcare Access Healthcare, the company announced on Tuesday. Financial details were not mentioned...
PAG acquires majority stake in packaging co Pravesha
PAG, a leading Asia Pacific-focused private equity investment firm, has acquired a majority stake in Pravesha Industries, one of the leading packaging companies focused on the pharmaceutical industry, the company said...
Quadria Capital buys 15% stake in Pharma company for $100 mn
Aragen Life Sciences, a leading Contract Research, Development and Manufacturing Organization (CRDMO), has raised a $100 million investment from Quadria Capital, an Asia healthcare-focused Private Equity fund, said the...
NCLT nod for Zepto parent’s merger with Singapore unit
The National Company Law Tribunal (NCLT) has approved the merger of Kiranakart Technologies, which operates quick commerce platform Zepto, with its Singaporean affiliate entity Kiranakart Pte Ltd—a move that will help...
Temasek noses ahead in Haldiram race, Alpha Wave still in fray
Temasek is said to be leading in discussions to buy a minority stake in Haldiram Snacks Food for northwards of $1 billion after it chose to go solo, following Bain Capital opting out of the fray after the two had...
Agrochem company Crystal Crop buys Bayer’s herbicide input business
Agrochemical firm Crystal Crop Protection on Sunday said it has acquired the herbicide active ingredient Ethoxysulfuron from Germany’s Bayer AG for sales in select Asian markets, in a deal expected to boost its...