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...
EU antitrust regulators to rule on Universal, Downtown Music deal by July 22
EU antitrust regulators will decide by July 22 whether to clear Universal Music Group’s $775 million acquisition of Downtown Music, according to a European Commission filing on Tuesday. Virgin Music Group, the...
Chevron enters lithium sector with acreage buy in Texas, Arkansas
Chevron said on Tuesday its has acquired on lease about 125,000 net acres in northeast Texas and southwest Arkansas, marking the entry of the U.S. oil major into domestic lithium production. Demand for lithium – a...
Neinor shares soar after it files tender offer to buy rival Aedas
Shares of Neinor Homes jumped early on Tuesday after the Spanish homebuilder offered to buy all of its rival Aedas Homes’ shares in a deal potentially worth 1.07 billion euros ($1.24 billion). Neinor shares were...
Italy’s Leonardo buys a European cybersecurity company
Italy’s Leonardo will soon announce the acquisition of a European cybersecurity company, its chairman told Reuters on Tuesday, as the aerospace and defence group consolidates a business seen as increasingly...
