Global private equity firm Warburg Pincus and Wipro Technologies are in advanced negotiations to acquire the digital transformation solutions (DTS) business of US-headquartered audio and connected technologies firm...
StampMyVisa acquires Kunal Shah-backed travel tech startup Teleport
StampMyVisa, a B2B visa platform, has acquired Teleport, a new-age travel tech startup, as part of its plans to simplify and expand visa services across India and Southeast Asia. Teleport is backed by well-known Indian...
Norwest Venture eyes a bite of Belgian Waffle
Global venture fund Norwest Venture Partners (NVP) is leading negotiations to buy into homegrown dessert and waffle chain The Belgian Waffle Co, after talks with ChrysCapital fell through last year, said people directly...
Team India Guaranty inks deal to acquire 4A Financial Technologies
Team India Guaranty (TIGL) (formerly known as times Guaranty)has entered into a definitive agreement to acquire upto 100% equity shareholding of 4A Financial Technologies (4A FinTech). As part of the transaction, TIGL...
Infosys sets up JV with Telstra; to acquire 75% stake in Versent Group
Information technology (IT) services major Infosys on Wednesday announced the formation of a joint venture (JV) with Telstra, Australia’s leading telecommunications and technology company. This will allow Infosys to...
Govt to begin LIC stake sale roadshows, may sell 3% stake in first tranche
The government is expected to start roadshows within the next two weeks to prepare for selling a part of its stake in Life Insurance Corporation of India (LIC), CNBC-TV18 reported. The first round of divestment could...
AI startup Perplexity makes bold $34.5 billion bid for Google’s Chrome browser
Perplexity AI made a $34.5 billion unsolicited all-cash offer for Alphabet’s Chrome browser on Tuesday, a bid far above its own valuation as the startup reaches for the browser’s billions of users pivotal to...
Ampol nears $656 million deal to buy EG Group’s Australian fuel stations, AFR reports
Australia’s Ampol is in advanced talks to buy British fuel station operator EG Group’s Australian service station portfolio in a deal that could exceed A$1 billion ($656.30 million), the Australian Financial...
Centrica frontrunner to buy National Grid’s LNG terminal in $2 billion deal, FT reports
British Gas owner Centrica and Energy Capital Partners are in talks to buy the Isle of Grain LNG terminal from National Grid in a deal valued at about 1.5 billion pounds ($2.03 billion), the Financial Times reported on...
Insurance software firm Sapiens to be bought by Advent for $2.5 billion
Israeli software provider Sapiens International said on Wednesday that it will be acquired by Advent International for $2.5 billion in cash, as the U.S. private equity firm zeros in on the insurance industry amid an AI...
Intas Pharma completes acquisition of UDENYCA biosimilar for $558 million
Intas Pharma has completed the acquisition of UDENYCA for $558 million, the company said in a release. UDENYCA is a biosimilar to Neulasta or Pegfilgrastim. It is used to treat side effects of radiation therapy in...
Tilaknagar Industries in talks to raise Rs 2,000 cr for Imperial Blue deal
Tilaknagar Industries, the maker of Mansion House brandy, is in talks with Standard Chartered, JP Morgan, and Nomura to raise about Rs 2,000 crore in debt to help finance its Rs 4,150-crore purchase of the Imperial Blue...
