Dr Reddy’s Laboratories on Monday said its Switzerland-based subsidiary has completed the acquisition of Haleon plc’s global portfolio of consumer healthcare brands, outside of the US, in the Nicotine...
TIGA Investments gets CCI’s clearance to acquire stake in Dream11
The Competition Commission of India (CCI) has granted nod to Singapore-based TIGA Investments’ proposal to acquire a stake in Dream11’s parent company Dream Sports Inc. The deal was cleared by CCI under the...
Nomura, Mizuho are leading bidders for one of India’s biggest investment banks
Nomura Holdings Inc. and Mizuho Financial Group Inc. are the leading bidders for a majority stake owned by KKR & Co. in one of India’s biggest investment banks, according to people familiar with the matter. The two...
UBS Group completes acquisition of HDFC Bank shares valued at Rs 543 cr
Swiss financial services company UBS Group on Wednesday bought shares of private sector lender HDFC Bank for over Rs 543 crore through an open market transaction. According to the block deal data available on the BSE...
Thailand’s Banpu, Just Climate & CapitaLand shortlisted to buy Radiance Renewables in $325 million deal
Thai energy firm Banpu Public Co. Ltd has joined the fray to acquire Eversource Capital-backed Radiance Renewables Pvt. Ltd, two people aware of the development said, in a deal having an enterprise value of around $325...
Stonepeak fourth shortlisted bidder to buy O2 Power in $1 billion deal
New York-based alternative investment firm Stonepeak has emerged as the fourth shortlisted bidder to submit a binding offer to buy O2 Power, a renewable energy platform in India. The deal, which may rank among the...
Firstsource acquires UK-based Ascensos for $56 million
RP-Sanjiv Goenka group’s Firstsource Solutions Monday acquired UK-based customer experience outsourcing partner for retail and eCommerce businesses, Ascensos for a consideration of £42 million ($55.9 million). The...
AM Green acquires Finland’s Chempolis and Fortum 3 for an undisclosed amount
Hyderabad-based AM Green Technology and Solutions B.V. (part of AM Green Group), has signed a binding agreement to acquire Finland’s Chempolis Oy and Fortum 3 B.V. entities, the company said on Monday. AM Green...
Govt approves sale of FSNL to Japan’s Konoike Transport Co for Rs 320 crore
The government on Thursday approved the privatisation of Ferro Scrap Nigam Ltd (FSNL) to Japanese corporation Konoike Transport Co Ltd for Rs 320 crore. Under the Steel Ministry, FSNL is a 100 per cent subsidiary of...
Macrotech Developers buys out Ivanhoé Cambridge’s stake in 3 joint entities
Realty developer Lodha, listed as Macrotech Developers, has bought out the stake held by a company of Ivanhoé Cambridge in its three different joint entities for a consideration of Rs 239.56 crore. In line with the...
Temasek set to buy PeakXV’s 20% stake in Cloudnine
Singapore’s Temasek Holdings is close to buying Peak XV’s 18-20% stake in Bengaluru-based Cloudnine Hospitals for around $125 million, three people aware of the development said. The deal, which has been in...
Naspers gets CCI’s clearance to buy minority stake in Vastu Housing Finance Corp
Fair trade regulator CCI on Tuesday cleared South Africa-based Naspers’ proposal to acquire a minority stake in Vastu Housing Finance Corporation Ltd. Naspers Ventures BV is an indirect and wholly-owned subsidiary...
