KKR is set to acquire a controlling 51% stake in Bengaluru-based cancer care hospital chain Healthcare Global Enterprises (HCG) from private equity peer CVC Capital Partners, said people in the know, as the US buyout...
Namdhari Seeds acquires 100% stake in US-based Axia’s open-field vegetable seed business
Namdhari Seeds, a vegetable and flower seeds breeding company, has acquired a 100 per cent stake in US-based Axia’s open-field vegetable seed business. The species include tomatoes, hot and sweet peppers, melons...
Jubilant Biosys expands global footprint with acquisition in France
Jubilant Biosys, a subsidiary of Jubilant Pharmova, has announced an expansion of its research and development (R&D) capabilities with the acquisition of an 80 per cent stake in JASMIN, a newly formed company by...
RBI allows Temasek unit to raise stake in AU Small Finance Bank, shares rise
The Reserve Bank of India has given its approval to a Temasek unit to raise its stake in AU Small Finance Bank, the lender said on Thursday. This may make Zulia the largest foreign portfolio investor in the lender. RBI...
Three global PE firms vie to buy Hyderabad’s Gland Pharma from its Chinese owner
Global private equity firms Blackstone, Brookfield and Warburg Pincus are in talks to acquire a majority stake in Hyderabad-based Gland Pharma Ltd from China’s Shanghai Fosun Pharmaceutical Co. Ltd in a deal expected to...
Morgan Stanley buys 1.5% in Sterling & Wilson Renewable Energy
Investment banking firm Morgan Stanley on Tuesday bought a 1.5 per cent stake in Sterling and Wilson Renewable Energy for ₹103 crore through an open market transaction. Billionaire Mukesh Ambani’s Reliance New...
RIL to acquire 49% stake in London-based Oval Invincibles cricket team
Reliance Industries (RIL)-owned Mumbai Indians (MI), through its subsidiary RISE Worldwide, on Monday announced the acquisition of a 49 per cent stake in London-based Oval Invincibles, a franchise in the England and...
Motherson forms JV with Japan’s Sanko for sustainable packaging solutions
Auto components major Motherson on Friday said it has entered into a joint venture with Japan’s Sanko, a player in material handling sector to provide sustainable packaging solutions in India and Europe. The joint...
Paytm Cloud acquires 25% stake in US-based Seven Technology
Paytm Cloud has approved a Rs 8.7 crore ($1 million) investment in Seven Technology. The company will acquire a 25% stake in Seven, parent One 97 Communications said in a filing to the exchanges. Paytm Cloud is a wholly...
Happiest Minds inks pact to acquire Gavs Tech’s Middle East biz
Happiest Minds Technologies said that it has executed share purchase agreement with Gavs Technologies to acquire a 100% stake in their Middle East business, aiming to consolidate existing customer relations, contracts...
Nazara Tech’s subsidiary NODWIN to acquire esports event organizer StarLadder
Nazara Technologies said that its subsidiary NODWIN Gaming has acquired Starladder, an esports IP and services company, in a deal valued at an initial consideration of $5.5 million (Rs 46.75 crore). Founded in 2018 by...
Ambani family buys 49% stake in London cricket team Oval Invincibles
The Ambani family won a high-stakes bidding battle this week to secure a stake in the London-based Oval Invincibles cricket team. Reliance Industries Limited won a virtual auction with the minority stake worth about £60...
