Investment firm General Atlantic said on Thursday that it has entered a “definitive agreement” to acquire a stake in Balaji Wafers, an Indian snack maker. The deal value was not disclosed but according to a source...
Cross Border News
Emirates NBD Bank gets CCI’s nod to acquire majority stake in RBL Bank
Fair trade regulator CCI on Tuesday approved Emirates NBD Bank’s proposal to acquire a majority stake in private sector lender RBL Bank Ltd. The move came after Emirates NBD Bank (ENBD) in October 2025 said that...
Everstone-owned Wingify to buy AB Tasty, create $500 million SaaS entity
Everstone-owned software firm Wingify has acquired Paris-based rival AB Tasty for around $150-200 million, per people in the know, with the combined entity valued at approximately $500 million. Wingify (through its...
Novo Holdings buys 49% stake in Surya Hospitals
Novo Holdings, a 142 billion euro investment firm that controls Danish drug maker Novo Nordisk, has acquired a 49% stake in Maharashtra-headquartered Surya Hospitals at a valuation of Rs 1,000-1,200 crore, according to...
Zydus Lifesciences eyes acquisition of US firm Ardelyx for $2.5 billion
Ahmedabad-based Zydus Lifesciences is evaluating acquisition of a majority stake in US-based Ardelyx Inc., with the deal likely to be valued at $2.2–2.5 billion, two people aware of the development told Mint. The...
Sun Pharma looks to rise in US with $10 billion Organon buy
Sun Pharmaceutical Industries Ltd, India’s largest drugmaker by market cap and revenue, is evaluating the acquisition of US-based Organon, a specialist in women’s health with an expanding presence in the fast-emerging...
Lionsgate sells Lionsgate Play in South, SE Asia to Rohit Jain in up to $30 million deal
Content studio Lionsgate has sold its over-the-top (OTT) streaming business, Lionsgate Play, in South Asia and Southeast Asia to Rohit Jain at an estimated deal value of up to $30 million, people aware of the terms told...
State Street to buy 23% stake in Groww Mutual Fund for ₹580 crore
State Street, the world’s fourth-largest asset manager, has agreed to invest ₹580 crore for a 23% stake in the mutual fund unit of Billionbrains Garage Ventures Ltd, the parent of broker Groww. The transaction involves...
Shriram Finance gets shareholders’ nod for MUFG deal-linked proposals, sources say
India’s Shriram Finance shareholders voted in favour of three proposals linked to the non-bank lender’s deal with Japanese investment bank MUFG signed last month, two sources with direct knowledge of the...
The Gentari stake sale gets cracking. Will Actis, Macquarie and Sembcorp bid?
Global private equity firms Macquarie, Actis, Sembcorp and strategic investors such as Serentica Renewables and JSW Group are evaluating bidding for a 50% stake in Malaysian energy firm Gentari’s India business, three...
RedTape founders seek stake sale, eye Blackstone and KKR interest
Indian footwear firm RedTape’s founders are soliciting interest from Blackstone and KKR as they look to sell a majority stake or even their entire holding worth nearly $510 million, according to sources and a...
Uday Kotak’s family office acquires US snack brand Go Raw
USK Capital, the family office of billionaire banker Uday Kotak, on Tuesday acquired a US-based snacking brand, Go Raw. USK Capital has made the bet through the overseas direct investment route, which is its maiden...
