The Insurance Regulatory and Development Authority of India (IRDAI) is most likely to give the go-ahead to IndusInd International Holdings Limited’s acquisition of Reliance Capital’s three insurance...
Paramount Global exited Reliance’s Viacom18 with attractive returns: Top executive
Paramount Global’s sale of its 13.01% stake in Viacom18 to Reliance Industries (RIL) has provided the company with an opportunity to exit the Indian joint venture (JV) with an attractive return on investment, a top...
CCI approves Airtel’s buyout of Warburg Pincus affiliate’s stake in DTH arm
The Competition Commission of India (CCI) has approved Bharti Airtel’s acquisition of an additional 20% stake in its direct-to-home (DTH) arm Bharti Telemedia from an affiliate of New York-headquartered private equity...
US lawmaker probes FTC work with Europe to block Amazon iRobot merger
The chair of the House Oversight Committee said on Wednesday he is investigating the Federal Trade Commission’s (FTC) work with the European Commission in the collapse of Amazon.com’s plan to acquire iRobot...
FTC to bar Pioneer ex-CEO from Exxon board as condition to deal – WSJ
Exxon Mobil Corp is set to close its $60 billion acquisition of Pioneer Natural Resources after an agreement with antitrust enforcers that will keep former Pioneer CEO Scott Sheffield off its board, the Wall Street...
British payments group Epos Now explores possible stake sale, sources say
British tech group Epos Now is exploring strategic options, including the sale of a minority stake in the business, four people familiar with the matter told Reuters. The Norfolk-based company, which provides retailers...
Macquarie Asset Management to sell stake in UK offshore wind farm
Macquarie Asset Management, part of Macquarie Group, has agreed to sell a 10% stake in Britain’s East Anglia ONE offshore wind farm to renewable energy asset manager NTR. East Anglia ONE is a 714 megawatt wind...
Indiabulls Real Estate acquires Sky Forest Projects for Rs 647 crore
Indiabulls Real Estate on Tuesday said it has acquired 100 per cent stake in Sky Forest Projects Pvt Ltd from Blackstone at an enterprise value of Rs 647 crore. In a regulatory filing, the company said its subsidiary...
GMR Airports Infra to buy stake in WAISL for Rs 57 crore
GMR Airports Infrastructure on Tuesday announced acquiring an 8.4 per cent stake in WAISL, which provides digital infrastructure services at airports, as the company looks to strengthen its presence in airport-related...
Brookfield in talks with bankers to take Leela Hotels public
Brookfield Asset Management has plans to list its luxury hotel chain, The Leela Palaces, Hotels & Resorts, and is in talks with bankers for the process, people familiar with the matter told ET. Brookfield had...
Canarys Expands Global Presence with Strategic Acquisition in North America
Canarys Automations Limited (NSE – Canarys), a stalwart in the realm of digital transformation, embarks on an ambitious journey to broaden its horizons across continents. The company announces its strategic intent to...
Australian retailer Woolworths to sell $303 mln stake in Endeavour Group
Australian retailer Woolworths said on Wednesday that it would sell a 5% stake worth A$468 million ($302.84 million) in Endeavour Group, almost three years after spinning out the liquor store and pub operator. The sale...