U.S. soft drinks company Coca-Cola is working with investment bank Lazard to review options, including a potential sale, of British coffee chain Costa, a source familiar with the matter told Reuters on Sunday. Coca-Cola...
Reliance Infra to sell Pune Satara toll road project to Cube Highways and Infrastructure III for Rs 2000 c
Cube Highways and Infrastructure III Pte Ltd. (Cube Highways), a Singapore-based company, will acquire a 100% stake in Reliance Infrastructure Limited’s (Reliance Infra) Pune Satara Toll Road (PSTR) project, Reliance...
Centrum Capital signs agreement to sell Affordable Housing Finance Business to Weaver Services
Centrum Capital Limited has signed an agreement to divest its full stake in Centrum Housing Finance Ltd. (CHFL), its affordable housing finance business, to Weaver Services, a new age Housing finance company. The...
Oswal Greentech acquires 5% stake in Oswal Agro Mills
Oswal Greentech announced that it has acquired 4.99% stake in Oswal Agro Mills (OAML) for a total consideration of Rs 50.91 crore. OAML is primarily engaged in the business of trading/ development of real estate...
US acquires 10% stake in Intel under Trump’s new approach to chip strategy
US President Donald Trump signed a deal with Intel Corporation to acquire a 10 per cent stake, part of an effort to revive the struggling chipmaker and strengthen domestic semiconductor production. The deal, finalised...
WestBridge Capital to acquire 15% stake in Edelweiss Asset Management
Edelweiss Financial Services Ltd (EFSL) on Friday said global investment firm WestBridge Capital is acquiring a 15 per cent stake in Edelweiss Asset Management for Rs 450 crore. This transaction valued the asset...
Databricks to buy Sequoia-backed Tecton in AI agent push
Databricks will acquire machine learning startup Tecton to expand its AI agent offerings, the latest in a string of deals aimed at offering full-scale AI building tools for enterprise customers, its chief executive told...
Crescent Energy nears deal for US shale peer Vital Energy, sources say
Crescent Energy is in advanced talks to acquire smaller peer Vital Energy, people familiar with the matter said on Friday, in a deal that would give the energy producer an extensive position in the Permian Basin. Terms...
US to take 10% equity stake in Intel, in Trump’s latest corporate move
President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share, the latest extraordinary intervention by...
Cenovus to acquire MEG Energy in C$7.9 billion oil sands expansion deal
Canada’s Cenovus Energy announced on Friday it will acquire MEG Energy in a C$7.9 billion ($5.68 billion) cash-and-stock deal, ending weeks of speculation that it would emerge as a white knight for MEG, which is...
Air Liquide to buy South Korea’s DIG Airgas for $3.3 billion to bolster Asia footprint
Air Liquide has signed a binding deal to buy South Korea’s DIG Airgas from Macquarie Asia-Pacific Infrastructure Fund 2, valuing it at 2.85 billion euros ($3.3 billion), the French industrial gases group said on Friday...
UK competition watchdog begins probe into Getty Images-Shutterstock deal
Britain’s antitrust watchdog on Friday said it has launched an investigation into U.S.-listed Getty Images’ $3.7 billion merger with rival Shutterstock. The Competition and Markets Authority said it set...
