Global infrastructure investor Macquarie Asset Management (MAM) will sell its Toll-Operate-Transfer (ToT) 1 road assets in India to the highest bidder VINCI Highways, the French acquirer said Thursday. The transaction...
UAE Central Bank clears Emirates NBD-RBL deal
RBL Bank announced on Wednesday that Emirates NBD Bank has received approval from the Central Bank of the United Arab Emirates for its proposed acquisition of a majority stake in the Indian lender. The approval also...
Moving Tech Innovation enters Europe with acquisition of Automicle Holding
Moving Tech Innovations (MTI), the company behind India’s leading open mobility platforms such as Namma Yatri, Yatri Sathi, Bharat Taxi, and Chennai One, announced on Thursday the acquisition of Netherlands-based...
Sula Vineyards inks deal to acquire Chandon’s Nashik winery
Sula Vineyards said it has signed a definitive agreement with Moet Hennessy India to acquire the wine production facility and estate of Chandon in Dindori, Nashik, as part of its expansion strategy. Spread across 19...
Board of Aegis Vopak approves sale of 10% stake in Aegis Terminal (Pipavav)
The board of Aegis Vopak Terminals (AVTL) at its meetings held on 26 March 2026 has approved the following: – Proposed sale of 10% of the equity stake i.e 5000 equity shares of Rs 10/- of Aegis Terminal (Pipavav)...
Pernod Ricard in merger talks with Jack Daniel’s maker Brown-Forman
France’s Pernod Ricard and Jack Daniel’s owner Brown-Forman are in discussions about a possible merger, the companies said on Thursday, a move that would unite the world’s second-largest spirits maker...
Mastercard explores sale of payments unit it bought from Nets in 2019, FT reports
Mastercard is seeking to sell the real-time payments unit that it acquired from Denmark’s Nets Group in 2019 for $3.2 billion, the Financial Times reported on Thursday, citing people familiar with the matter...
Equitable, Corebridge set to merge, create $22 billion US insurance giant
U.S. insurers Equitable and Corebridge Financial said on Thursday they will merge in an all-stock deal that would create a $22 billion retirement, life insurance and asset management company. The combined company will...
KKCG Maritime sweetens offer for raising stake in Italian yacht maker Ferretti
Czech investment firm KKCG Maritime on Friday raised its voluntary offer to boost its stake in Italian yacht maker Ferretti, to as much as 203.3 million euros ($234.55 million). The revised offer of 3.90 euros per...
ABF’s Hovis takeover clears Britain review, flagged in Northern Ireland
Britain’s competition regulator on Thursday flagged competition risks in Northern Ireland over Associated British Foods’ acquisition of rival Hovis, while provisionally clearing it in Britain after finding...
Malaysia’s Sunway wins shareholder approval for $2.76 billion IJM takeover bid
Malaysian conglomerate Sunway won shareholder approval for its proposed takeover of construction firm IJM Corp, with 99.27% voting in favour at an extraordinary general meeting on Thursday, its chairman Jeffrey Cheah...
RBI nod to acquisition of Sammaan Capital by Avenir Investment RSC
The Reserve Bank has approved the proposed acquisition of a controlling stake in Sammaan Capital Ltd by an affiliate of Abu Dhabi-based International Holding Company. The acquisition by Avenir Investment RSC Ltd also...
