Shares of Dixon Technologies (India) Ltd are likely to be in focus on Thursday after the company announced a Rs 552.99 crore deal to acquire a 51% majority stake in Kunshan Q Tech Microelectronics (India) Pvt Ltd. In a...
PayU raises stake in Mindgate to 70% as valuation hits $300 million
Digital payments major PayU has acquired an additional 27% in Mindgate Solutions, increasing its stake in the Mumbai-based payment processing company to a majority 70%. The acquisition valued Mindgate at around $300...
GE Healthcare exploring stake sale in China unit, says reports
Medical device maker GE Healthcare is working with advisers to explore options including the sale of a stake in its China unit, Bloomberg News reported on Thursday, citing people familiar with the matter. A potential...
Metropolis Healthcare acquires Kolhapur-based pathlab chain for ₹17 crore
Mumbai-headquartered diagnostics player Metropolis Healthcare on Thursday announced that it has acquired Kolhapur-based Ambika Pathology Laboratory for a total consideration of Rs 17 crore. The consideration includes a...
Nvidia takes $5 billion stake in Intel, offers chip tech in new lifeline to struggling chipmaker
Nvidia said on Thursday it would invest $5 billion in Intel, throwing its heft behind the struggling U.S. chipmaker just weeks after the White House engineered an extraordinary deal for the federal government to take a...
Natura shares surge after deal to sell Avon businesses outside Latin America
Brazilian cosmetics maker Natura said on Thursday it has agreed to sell its Avon International unit to holding firm Regent, ending a long period of uncertainty after announcing last year it was weighing alternatives for...
Advent recently explored offer for Britain’s JTC, sources say
Advent International had been exploring a possible bid for British fund administrator JTC, according to two people familiar with the matter, potentially adding to a bidding war for the business. Advent in recent days...
Purell maker GOJO Industries explores options including a sale, sources say
Purell hand sanitizer maker GOJO Industries is exploring options including a full sale or offloading a minority stake, with any deal likely to value the privately-held company at close to $2 billion, according to people...
UK’s Spire Healthcare says reviewing options, including possible sale
British private hospital group Spire Healthcare said on Thursday it had initiated discussions with several parties to explore strategic options, including a potential sale of the company. The company said the review was...
EQT kicks off sale of Nordic broadband and data centre business, FT reports
Swedish private equity firm EQT has launched the sale of its Nordic digital infrastructure business GlobalConnect, at a potential valuation of 8 billion euros ($9.43 billion), the Financial Times reported on Friday...
SMBC to buy additional 4.2% stake in Yes Bank from PE firm Carlyle Group
Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) on Wednesday said it will acquire an additional 4.2% stake in Yes Bank from a Carlyle Group affiliate for Rs 2,850 crore. The announcement comes alongside the...
Bandhan Bank completes divestment in Yes Bank to Japan’s SMBC, continues buying spree after SBI & Carlyle
Bandhan Bank divested 15,39,34,975 equity shares of Yes Bank Ltd. to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for a consideration of about Rs 331 crore. Bandhan Bank sold the said shares at a rate of Rs...
