The Competition Commission of India on Wednesday approved the proposed amalgamation of Coursera’s arm Chess Merger Sub with Udemy Inc. US-based Coursera is a global education technology company that operates a...
ArisInfra Solutions to merge with ArisUnitern RE Solutions
ArisInfra Solutions Limited (ARIS), one of India’s leading tech-enabled supply and services companies for the construction and real estate sectors, has approved the amalgamation of ArisUnitern RE Solutions, its...
Thyssenkrupp, Jindal Steel sale talks falter on pension, energy costs, sources say
Discussions of a possible sale of Thyssenkrupp’s steel unit to Jindal Steel International could be called off due to differences over pension liabilities, investments and energy costs, four people familiar with...
Infosys to acquire US firms Optimum Healthcare IT for $465 million, Stratus for $95 million
Indian IT services firm Infosys said on Wednesday it had entered into separate agreements to acquire U.S.-based technology companies Optimum Healthcare IT and Stratus in all-cash deals. Infosys will buy...
Spanish gambling group Codere to go on sale for $2.3 billion, Expansion reports
Spanish gambling group Codere has hired Jefferies and Macquarie Capital to advise on the company’s imminent sale that could value it at more than 2 billion euros ($2.32 billion), newspaper Expansion reported on...
Germany’s Henkel nears deal for hair care brand Olaplex, Bloomberg News reports
Germany’s Henkel is in advanced talks to buy U.S. hair care brand Olaplex in a deal that would value the company at about $2 per share, Bloomberg News reported on Wednesday, citing sources. Here are some...
KKR-backed OHB taps banks for share sale, Bloomberg News reports
German satellite maker OHB is working on a share sale, potentially allowing minority investor KKR to reduce its stake, Bloomberg News reported on Wednesday. A deal could value OHB at slightly above its market value...
KKR to acquire Nothing Bundt Cakes for over $2 billion, source says
U.S. private equity firm KKR has struck a deal to acquire bakery chain Nothing Bundt Cakes from Roark Capital for over $2 billion, including debt, a source familiar with the matter told Reuters on Wednesday. The...
NatWest to sell HR consultancy unit Mentor in streamlining push
NatWest is selling its human resources advisory business Mentor to private equity-backed Empowering People Group, the British lender said on Wednesday, as it streamlines operations to focus on core banking and wealth...
US-based Warburg Pincus in talks to buy Maneesh Pharma unit in Rs 1,800 crore deal
US-based private equity firm Warburg Pincus is in advanced discussions to acquire the formulations business of Mumbai-based Maneesh Pharmaceuticals in a deal valued around ₹1,600–1,800 crore, sources familiar with the...
Bad bank framework set for overhaul with NARCL-IDRCL merger
Five years after being floated, India’s bad bank framework is set for a structural change, with plans underway to merge the National Asset Reconstruction Co (NARCL) and India Debt Resolution Co (IDRCL), people...
RBI approves Avenir acquisition of Sammaan Capital
RBI has approved Avenir Investment RSC’s proposed acquisition of a controlling stake in Sammaan Capital, the company said on Tuesday. Avenir Investment RSC is owned and controlled by Abu Dhabi’s...
