Japanese alcobev giant Suntory has revived plans to acquire the Imperial Blue whiskey brand in India from France’s Pernod Ricard, said people in the know, sensing rival Tilaknagar Industries’ continued struggle to raise...
Gentari plans to offload up to 50% stake in India arm
Gentari, the renewable energy arm of Malaysian national oil & gas company Petronas, is seeking to sell up to a 50% stake in its India unit in what could potentially become one of the largest green energy deals in...
TPG likely to sell 6% stake in Sai Life Sciences at estimated price of Rs 885 crore in block deal: Report
Global assets management company TPG is likely to sell 12.5 million shares representing 6% stake Sai Life Sciences at an estimated deal size of $102 million (Rs 885 crore), according to a report. The base price of the...
Wipro Infra to acquire majority stake in French aerospace major Lauak Group
Engineering and manufacturing solutions provider Wipro Infrastructure Engineering (WIN) on Wednesday said it will acquire a majority stake in French aircraft parts manufacturer Lauak Group. Lauak Group is a 50-year-old...
Warburg Pincus to evaluate buying majority stake in Nuvama Wealth: Report
American private equity firm Warburg Pincus is said to evaluate a proposal to purchase a majority equity stake in Nuvama Wealth Management with promoter entity Pagac Ecstasy Pte Ltd looking to offload its 54% stake...
BAT may begin phased stake sale in ITC Hotels: Sources
British American Tobacco (BAT) is likely to begin a phased sale of its stake in ITC Hotels, following the hospitality company’s demerger from ITC Limited earlier this year, sources told ET NOW. The sale could...
Japan’s Mizuho is said to be on cusp of buying Indian investment bank Avendus
Mizuho Financial Group Inc. is on the verge of buying a majority stake in investment bank Avendus Capital Pvt, people familiar with the matter said, in what would be the latest acquisition by a Japanese bank in India...
Motherson’s Marelli takeover faces US hedge fund bump
Samvardhana Motherson is bracing for battle with US distressed debt hedge fund Strategic Value Partners (SVP) over the acquisition of Marelli Holdings, a Japanese car parts supplier owned by private equity group KKR...
Kaynes Semicon, L&T arm to acquire Fujitsu General’s power modules business
Kaynes Semicon and L&T Semiconductor Technologies (LTSCT) are acquiring Japanese Fujitsu General’s power modules business for Rs 118.34 crore. Fujitsu will transfer the business to Larsen & Toubro’s...
Byju’s sells US edtech units Epic, Tynker at deep discount
Troubled ed-tech firm Byju’s has reportedly been forced to part with two of its U.S.-based subsidiaries by its term loan B (TLB) lenders as part of an asset unwinding process, according to reports by EdWeek Market Brief...
1Point1 Solutions Amplifies AI Capabilities with TECHSCIENT.AI Acquisition
In a significant move to bolster its AI-driven automation capabilities, One Point One Solutions Ltd. has announced the acquisition of a majority stake in TECHSCIENT.AI Private Limited. Acquiring TECHSCIENT.AI, an AI...
DxMinds Innovation Labs Pvt Ltd Merges with Indo Sakura Software Japan K.K.
The DxMinds and indo-sakura merger boosts bangalore’s mobile app development and launches SourceBytes.AI and BluePrintEditor.AI to drive Global Innovation. 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗠𝗲𝗿𝗴𝗲𝗿 ✅ 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝗮𝗰𝗵:...
