About half a dozen suitors, including PAG and Apax Partners, have expressed strong interest in acquiring Accion Labs, a US-based digital-focused software product engineering company, according to people familiar with...
IDBI stake sale likely to be completed this fiscal: DIPAM secy
DIPAM Secretary Arunish Chawla on Thursday expressed hope of completing the IDBI stake sale this fiscal, as the qualified bidders have nearly completed their due diligence process. Speaking to the media at the sidelines...
Wipro buys HARMAN’s DTS business unit
Wipro Limited, the technology services and consulting company, will acquire the Digital Transformation Solutions (DTS) business unit of HARMAN, a Samsung company, Wipro said on Thursday. The $375 million (Rs 3,270...
Enviro Infra shares gain 5% as unit acquires Vento Power for ₹115.6 crore
Shares of Enviro Infra Engineers Ltd. rose over 5 per cent on Friday after its subsidiary acquired Vento Power Infra Pvt. Ltd. from PTC India Financial Services Ltd. for ₹115.6 crore. The water supply and management...
R Systems Intl sizzles after inking pact to acquire Novigo Solutions
R Systems International surged 11.54% to Rs 472.75 after the company has entered into a definitive agreement to acquire Novigo Solutions, strengthening its product engineering and full-stack agentic-AI capabilities...
France’s Lactalis strikes $2.2 billion deal for Fonterra’s consumer business
New Zealand’s Fonterra Co-operative Group said it will sell its global consumer and associated businesses to French dairy major Lactalis for NZ$3.845 billion ($2.24 billion), which sent its shares surging to a...
Dayforce to go private in $12.3 billion Thoma Bravo acquisition
Private equity firm Thoma Bravo has agreed to buy human resources software provider Dayforce for $12.3 billion, including debt, in a take-private deal that executives hope will help expand on the company’s AI...
Gilead unit to acquire cell therapy developer Interius for $350 million
Gilead Sciences’ unit Kite Pharma said on Thursday it will acquire privately-held biotech firm Interius BioTherapeutics for $350 million in cash to advance CAR T-cell cancer therapies that are delivered directly...
International Paper to sell cellulose fibers unit for $1.5 billion
International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm American Industrial Partners for $1.5 billion. The deal, expected to close by end-2025, is part of its...
Gryphon to sell Shermco to Blackstone for about $1.6 billion
Private investment firm Gryphon Investors said on Thursday it had agreed to sell Shermco, its portfolio company, to Blackstone in a deal valued at about $1.6 billion. Irving, Texas-based Shermco provides comprehensive...
UltraTech Cement to sell up to 6.5% stake in India Cements
UltraTech Cement is set to offload 6.49% stake in its unit India Cements via an open market offer for sale, the Committee of Directors and Officers approved on Wednesday. Aditya Birla-owned UltraTech Cement, which took...
Vedanta demerger deadline at risk as NCLT defers hearing
The Mumbai bench of National Company Law Tribunal has deferred the hearing for Vedanta to September 17, which could effectively see the company missing its deadline of September 30 for its proposed demerger. The...
