Global Infrastructure Partners (GIP), Macquarie, and French road developer VINCI Highways are among large global institutional investors vying to acquire a significant minority stake in Maple Infrastructure Trust, an...
Tilaknagar Industries in talks to acquire Imperial Blue from Pernod Ricard
Mansion House brandy maker Tilaknagar Industries has entered into exclusive negotiations to acquire Imperial Blue whisky from French spirits group Pernod Ricard, Moneycontrol reported on Monday, citing sources. The...
PE groups Permira, CVC Cap, EQT in fray to buy Nuvama Wealth from PAG
Private equity buyout groups CVC Capital Partners, Permira and EQT are in talks with Asia-Pacific-focused private equity firm PAG to buy its controlling stake in Nuvama Wealth Management Ltd (NWML), formerly Edelweiss...
GMM Pfaudler to acquire Brazil-based mixing technologies specialist SEMCO
GMM Pfaudler announced today that its wholly owned subsidiary, Pfaudler, Brazil, has entered into an agreement to acquire 100% of the share capital of SEMCO Tecnologia em Processos Ltda., Brazil. The total consideration...
Tata is said to be in talks to buy out investors in Resurgent
Tata Group is in talks to buy out other shareholders in Resurgent Power Ventures Pte, according to people familiar with the matter. Tata Power Co., which owns a 26% stake in Singapore-based power generation and...
Reliance Retail acquires minority stake in UK-based FACEGYM
Reliance Retail Ventures Ltd (RRVL), the holding company for all retail businesses of Reliance Industries, has made a “strategic minority investment” in UK-based Facegym which is into facial fitness and skincare...
Emirates NBD eyes RBL Bank stake for India, Asia play
Emirates NBD Bank PJSC, owned by the Dubai government, is exploring the acquisition of a significant minority stake in RBL Bank as it looks to expand its footprint in Asia, said people aware of the matter. The...
Luxmi Group acquires majority stake in UK-based Brew Tea Co
Kolkata-based Luxmi Group, which owns the iconic Makaibari Darjeeling brand, on Tuesday announced that it has acquired a majority stake in UK-based Brew Tea Co, a fast-growing firm which focuses on whole-leaf teas and...
Singapore’s GIC gets CCI nod to acquire minority stake in Groww
Fair trade regulator CCI on Tuesday cleared Singapore’s sovereign wealth fund GIC’s proposed acquisition of a 2.14 per cent stake in IPO-bound Billionbrains Garage Ventures, the parent company of investment...
Japan’s SMBC seeks CCI nod to acquire 20 pc stake in Yes Bank
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has sought clearance from the fair trade regulator CCI to acquire a 20 per cent stake in private sector lender Yes Bank. The development came after State Bank of...
AM Green to buy 17.5% stake in Greenko from Orix for $1.28 billion
Japanese financial group Orix Corporation has agreed to sell its 17.5% equity stake in Greenko Energy Holdings for $1.28 billion to AM Green (AMG), an entity promoted by Greenko co-founders Anil Chalamalasetty and...
Russia’s Rosneft Oil Company in early talks with Reliance to sell stake in India unit
Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million-tonne-a-year oil refinery and 6,750 petrol pumps...
