Mining and metals major Vedanta confirms paring stake in subsidiary Hindustan Zinc on Wednesday, June 18, in a bid to deleverage and strengthen its balance sheet. Several media reports yesterday indicated that Vedanta...
Bayview to buy remaining stake in mortgage lender Guild for $1.3 billion
Investment firm Bayview Asset Management will buy all shares of Guild Holdings that it does not already own for $1.3 billion in cash, taking the mortgage lender private nearly five years after it was listed. Under the...
Totvs, in talks to buy Linx, eyes other Brazil deals in 2025
Brazilian software company Totvs SA is eyeing targets for acquisitions this year beyond StoneCo’s Linx unit, Chief Executive Dennis Herszkowicz said in an interview, adding the company will not need to sell assets...
Keyera to buy Plains’ Canadian natural gas liquids business for $3.77 billion
Keyera Corp said on Tuesday it has agreed to buy substantially all of U.S.-based Plains’ Canadian natural gas liquids business for C$5.15 billion ($3.77 billion) in cash. The buyout expands Keyera’s position...
Australia’s Macquarie picks up stakes in UK airports
Australia’s Macquarie Group said on Wednesday that its asset management arm has acquired stakes in Bristol, Birmingham and London City airports from Ontario Teachers’ Pension Plan for an undisclosed amount...
Warburg Pincus to evaluate buying majority stake in Nuvama Wealth: Report
American private equity firm Warburg Pincus is said to evaluate a proposal to purchase a majority equity stake in Nuvama Wealth Management with promoter entity Pagac Ecstasy Pte Ltd looking to offload its 54% stake...
PNB sells entire 21% stake in ISARC for Rs 34 crore
State-owned Punjab National Bank said it has sold its entire 21 per cent stake in India SME Asset Reconstruction Company Limited (ISARC) for Rs 34 crore. In March, the Reserve Bank of India had granted approval for...
PE firm True North exits Zydus Wellness; sells 7.27% stake for Rs 879 crore
Mumbai-based True North on Tuesday exited Zydus Wellness by divesting its entire 7.27 per cent stake in the company while PPFAS Mutual Fund acquired the shares for Rs 879 crore through an open market transaction...
UGRO Capital shares rally 7% as firm to acquire Profectus Capital for Rs 1,400 crore cash deal
UGRO Capital shares rallied 7% to their intraday high of Rs 183.35 on the BSE on Wednesday as the non-banking financial company (NBFC) is all set to acquire Profectus Capital Private Limited for Rs 1400 crore in an all...
CCI okays Mahindra’s proposal to acquire 59 pc stake in SML Isuzu for Rs 555 crore
The Competition Commission of India (CCI) on Tuesday cleared Mahindra & Mahindra’s proposed acquisition of a nearly 59 per cent stake in commercial vehicle maker SML Isuzu for Rs 555 crore. Mahindra &...
Eli Lilly to acquire gene-editing biotech company Verve Therapeutics for $1.3 billion
US-based multinational pharmaceutical giant Eli Lilly & Co., on Tuesday, 17 June 2025, announced its plans to acquire gene-editing biotech firm Verve Therapeutics Inc. for $1.3 billion as the big pharma company eyes...
Keyera to buy Plains’ Canadian natural gas liquids business for $3.77 billion
Keyera Corp said on Tuesday it has agreed to buy substantially all of U.S.-based Plains’ Canadian natural gas liquids business for C$5.15 billion ($3.77 billion) in cash. The buyout expands Keyera’s position...
