A South Korean court approved on Friday grocery retailer Homeplus’s plan to sell the struggling company, in a move that the court said was aimed at providing funds to repay creditors and to ensure job security for...
$230mn deal: Partners Group to acquire 75% of Infinity Fincorp
Swiss private equity major Partners Group is all set to acquire a majority stake in Infinity Fincorp Solutions, a Mumbai-based non-banking financial company (NBFC) focused on micro-loans against property, according to...
USL to acquire majority stake in Nao Spirits
Diageo India (United Spirits Limited), on Thursday said it is acquiring a majority controlling stake in Nao Spirits at an enterprise value of Rs130 crore. Three years ago, Diageo bought a 22.5% stake in Nao, which makes...
Adani Power’s proposal to acquire Vidarbha Industries Power’s approved by NCLT
The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday approved Adani Power Ltd’s acquisition of Vidarbha Industries Power Ltd. Before the tribunal’s nod, the secured creditors of the company approved...
Gentari plans to offload up to 50% stake in India arm
Gentari, the renewable energy arm of Malaysian national oil & gas company Petronas, is seeking to sell up to a 50% stake in its India unit in what could potentially become one of the largest green energy deals in...
TPG likely to sell 6% stake in Sai Life Sciences at estimated price of Rs 885 crore in block deal: Report
Global assets management company TPG is likely to sell 12.5 million shares representing 6% stake Sai Life Sciences at an estimated deal size of $102 million (Rs 885 crore), according to a report. The base price of the...
Insurtech firm Renewbuy bags $10 million from Apis, 360 One
Insurance broking startup Renewbuy has secured $10 million (about Rs 86 crore) in a funding round from existing investors, London-based Apis Partners and 360 One (previously IIFL Wealth), according to people with...
Reliance, Havells in race to acquire majority control in Whirlpool India
Reliance Retail and appliance maker Havells India have entered the race to buy a majority stake in Whirlpool of India Ltd, the listed subsidiary that contributes the bulk of Whirlpool Corporation’s Asian revenue...
Straive Acquires SG Analytics to Bolster Data Analytics & AI Operationalization Capabilities
Straive, a global leader in Data, Analytics, and AI Operationalization, today announced its acquisition of SG Analytics, a leading provider of AI-powered Insights and contextual analytics services. Founded in 2007, SG...
Crisil acquires minority stake in Online PSB Loans Ltd for ₹33 crore
Crisil, the provider of ratings, data, research, analytics and solutions, has invested Rs 33.25 crore to acquire a minority stake in Online PSB Loans Ltd (OPL). In December 2024, Crisil announced its intention to invest...
United Spirits to buy out Greater Than gin maker Nao Spirits in a ₹110 cr deal
United Spirits Ltd (USL), the Indian arm of global liquor major Diageo Plc, is acquiring homegrown craft spirits maker Nao Spirits & Beverages Pvt. Ltd in a deal valued at about ₹110 crore, it said in a stock...
Chevron seeks buyers for 50% stake in Singapore refinery, sources say
U.S. oil major Chevron has sought non-binding bids for the sale of its 50% stake in Singapore Refining Company (SRC), including from joint venture partner PetroChina, eight sources familiar with the matter told Reuters...
