Persil-owner Henkel said on Wednesday it had agreed to buy speciality coatings company Stahl for 2.1 billion euros ($2.5 billion) from Stahl Group, which is majority owned by French private equity firm Wendel. The move...
Supreme Court sets aside NCLAT order of CCI probe against Flipkart, sends back case for fresh adjudication
The Supreme Court on Tuesday set aside a 2020 order of the National Company Law Appellate Tribunal (NCLAT) directing the director general of the Competition Commission of India to probe alleged violations of competition...
Film studios see M&A wave as Reliance picks up stake in Guneet Monga’s Sikhya Entertainment
Mergers and acquisitions (M&A) in the film studio business are expected to be a key theme in 2026, with Reliance Industries Limited (RIL) emerging as the latest player to scale up its presence by acquiring a...
Govt considering merger of state-run entities PFC and REC
The government is considering a merger of state-run power sector lender Power Finance Corporation (PFC) and its subsidiary REC Ltd as a part of the restructuring push, sources said on Monday. PFC and REC play a key role...
ChrysCap buys into design & manufacturing co Nash
Homegrown private equity firm ChrysCapital said Tuesday it has bought a significant minority stake in Nash Industries, a Bengaluru-based design and manufacturing solutions provider. Financial details of the transaction...
IGI Acquires AGL, Expanding its Global Footprint in Colored Gemstone Certification
The International Gemological Institute (IGI), one of the world’s largest and most trusted independent diamond grading and certification organizations, today announced the acquisition of American Gemological...
Varun Beverages to acquire minor stake in SPV for captive consumption of solar power
The board of Varun Beverages at its meeting held on 03 February 2026 has approved to upto 30% of equity share capital of FPEL HR2 Energy (a special purpose vehicle inter-alia engaged to generate & supply solar power...
KKR, Singtel pay $5.2 billion for full control of data centre operator STT GDC
A KKR and Singapore Telecommunications consortium will pay S$6.6 billion ($5.2 billion) in cash to take full control of ST Telemedia Global Data Centres (STT GDC), the companies said on Tuesday, in an intensifying race...
Germany buys minority stake in grid operator TenneT for $3.9 billion
Germany has agreed to buy 25.1% of Dutch grid operator TenneT’s German division for 3.3 billion euros ($3.9 billion), it said on Tuesday, in a long-planned move to tighten Berlin’s control over critical...
Donerail offers to buy MarineMax in all-cash deal valued $1.1 billion
Activist investor Donerail Group said on Tuesday it had submitted a non-binding indicative proposal to acquire MarineMax at $35 per share, in an all-cash deal that would value the superyacht service company at $1.1...
Glencore in talks to sell 40% stake in DRC mines to US-backed consortium
Glencore is in talks to sell a 40% stake in its copper and cobalt operations in the Democratic Republic of Congo to a U.S.-backed consortium in a deal valuing the assets at about $9 billion, including debt, it said on...
Medical device maker Medtronic to buy CathWorks in up to $585 million deal
Medtronic said on Tuesday it would buy privately held CathWorks in a deal valued at up to $585 million, as it looks to bolster its heart devices portfolio by adding a new diagnostic tool that could improve care...
