British insurer Prudential said on Thursday it had agreed to buy an additional 19% stake in Sri Han Suria, the holding company that owns Prudential Assurance Malaysia, for around 1.52 billion ringgit ($376.61 million)...
UK’s Beazley rejects Zurich Insurance’s $10 billion takeover bid
Beazley on Thursday rejected a 7.67-billion-pound ($10.3 billion) takeover offer from Zurich Insurance as materially undervaluing the UK speciality insurer, adding it was lower than another proposal the group turned...
Capital One strikes $5.15 billion Brex deal, quarterly profit rises on interest income boost
Capital One Financial said on Thursday it will acquire fintech firm Brex in a cash and stock deal valued at $5.15 billion and reported a rise in quarterly profit on the back of higher interest income from its credit...
IDBI Bank’s renaming on radar ahead of divestment
The potential renaming of IDBI Bank after an acquisition remains a key imponderable for interested suitors ahead of the lender’s impending disinvestment given the lack of clarity on the issue, said people familiar...
Senco Gold to acquire 68% stake in Melorra parent for Rs 68 crore
Senco Gold Limited on Wednesday said its board has approved an investment of Rs 68 crore to acquire a 68% equity stake in August Jewellery Private Limited, the parent company of fast-fashion jewellery brand Melorra...
CCI approves Tata Steel’s acquisition of 50.01% stake in Thriveni Pellets
Fair trade regulator CCI on Tuesday cleared Tata Steel’s proposal to acquire a 50.01 per cent equity stake in Odisha-based Thriveni Pellets. The development came after Tata Steel in December last year announced...
Hot-diggity-dog: Smithfield Foods acquires iconic Nathan’s Famous
U.S. pork processor Smithfield Foods will buy century-old Nathan’s Famous in a $450 million deal that adds the most iconic U.S. hot dog name to its portfolio of brands, the company said Wednesday. Smithfield will...
UK’s NCC Group to sell Escode for $369.4 million
Cybersecurity specialist NCC Group said on Wednesday it has agreed to sell its Escode business to private equity firm TDR Capital for an enterprise value of 275 million pounds($369.35 million), leaving it as a pure-play...
Next buys British footwear brand Russell & Bromley
Fashion retailer Next said on Wednesday it has purchased British footwear brand Russell & Bromley through an insolvency process, paying 2.5 million pounds ($3.4 million). Next said it was also paying 1.3 million...
South Africa’s Nedbank to buy majority stake in Kenya’s NCBA for $856 million
South Africa’s Nedbank Group said on Wednesday it has offered to buy a 66% stake in Kenya’s NCBA Group in a cash-and-stock deal for 13.9 billion rand ($855.5 million) as part of the lender’s ambitions...
Pine Labs unit Setu receives RBI nod to acquire account aggregator Agya Technologies
Digital payments platform Pine Labs has received approval from the Reserve Bank of India (RBI) to acquire full ownership of Agya Technologies, an account aggregator firm, through its fintech infrastructure arm Setu, the...
Emirates NBD Bank gets CCI’s nod to acquire majority stake in RBL Bank
Fair trade regulator CCI on Tuesday approved Emirates NBD Bank’s proposal to acquire a majority stake in private sector lender RBL Bank Ltd. The move came after Emirates NBD Bank (ENBD) in October 2025 said that...
