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...
Grab-GoTo merger talks face Indonesian regulatory hurdles, sources say
Singapore-based Grab’s plan to acquire Indonesia’s GoTo to create a dominant Southeast Asian ride hailing and food delivery company has run into regulatory hurdles, three sources said, casting a cloud over a...
EU regulators clear with conditions UniCredit’s acquisition of Banco BPM
EU antitrust regulators on Thursday approved with conditions Italian bank UniCredit’s takeover of rival Banco BPM. UniCredit agreed to sell 209 branches in northern Italy to allay competition concerns...
Japan’s TDK acquires US-based smart glasses company SoftEye
Japan’s TDK said on Thursday it has acquired U.S.-based SoftEye, which makes software and hardware for smart glasses, as the smartphone battery maker looks for growth drivers linked to artificial intelligence...
Wipro Infra to acquire majority stake in French aerospace major Lauak Group
Engineering and manufacturing solutions provider Wipro Infrastructure Engineering (WIN) on Wednesday said it will acquire a majority stake in French aircraft parts manufacturer Lauak Group. Lauak Group is a 50-year-old...
Jio Financial acquires SBI’s full stake in JPBL for ₹104.54 crore
Jio Financial Services on Wednesday announced that it has acquired 79,080,000 equity shares of Jio Payments Bank (JPBL) from the State Bank of India (SBI) for ₹104.54 crore. Consequent to this acquisition, JPBL has...
Nippon steel acquires US steel for $14.9 bn with Trump-backed deal
Nippon Steel’s $14.9-billion acquisition of US Steel closed on Wednesday, the companies said, confirming an unusual degree of power for President Donald Trump after the Japanese company’s 18-month struggle...
CCI clears Delhivery’s ₹1,400 crore acquisition of Ecom Express stake
Fair trade regulator CCI on Tuesday cleared logistics services provider Delhivery’s proposal to acquire a majority stake in Ecom Express for about Rs 1,400 crore. “The proposed combination comprises the...
