Macquarie Asset Management committed to putting a further £245 million ($330 million) of equity into Southern Water Ltd. as part of a plan to strengthen the finances of the UK utility. Macquarie, which holds a majority...
Edelweiss completes sale of 10% stake in asset management business to WestBridge
Edelweiss Financial Services Ltd has completed the divestment of a 10% stake in its asset management business to global investment firm WestBridge Capital. This is part of a broader agreement under which WestBridge is...
Warner Bros may reject Paramount’s latest hostile bid worth $108 billion despite Larry Ellison guarantee
Warner Bros. Discovery is likely to reject Paramount Skydance’s amended $108.4 billion hostile bid for the storied Hollywood studio, despite a personal guarantee from billionaire Larry Ellison backing the media...
Robex shareholders approve $1.45 billion merger with Australia’s Predictive Discovery
Shareholders of Canada’s Robex Resources approved a A$2.17 billion ($1.45 billion) merger with Australian minerals explorer Predictive Discovery, Predictive said on Wednesday. About 94.54% of votes cast backed the...
SoftBank nears deal for data center investment firm DigitalBridge: Bloomberg News
SoftBank is in advanced talks to acquire DigitalBridge, Bloomberg News reported on Monday, citing people familiar with the matter. SoftBank could announce an agreement as soon as Monday, the report said. Reuters...
Syska LED insolvency draws four bidders, including promoter and Mutares Group
The insolvency resolution process of Syska LED Lights has attracted interest from four parties-the company’s promoter, Germany-based turnaround investor Mutares Group, Aikyam Stressed Asset Fund and Cyfuture...
Arvind Fashions snaps up Flipkart’s stake in Flying Machine for Rs 135 crore
Arvind Fashions said on Monday it will buy Flipkart India’s entire 31.25% stake in its denim-focused unit that runs the Flying Machine brand, in a deal valued at Rs 135 crore. Arvind Youth Brands Private Limited runs...
DOMS Industries update on acquisition of minor stake in Pioneer Stationery
DOMS Industries announced that in August 2025, the company has completed a partial acquisition of 6.5% stake in Pioneer Stationery from certain existing shareholders and the acquisition of remaining stake of 6.5% was...
EESL looks to sell IntelliSmart for $723 mn as debt piles up, Deloitte to advise
The proposed transaction would rank among the largest deals in India’s fast-growing smart metering sector and highlights the financial stress at EESL, even as IntelliSmart plays a key role in the country’s $30-billion...
Samsung Life, BNP, Norwest, Prudential Plc eye stake in IndiaFirst Life Insurance
IndiaFirst Life Insurance has drawn interest from Samsung Life Insurance, Prudential Plc, BNP Paribas, and Norwest Venture Partners as existing investor Warburg Pincus explores an exit from its 26% stake, four people...
Meta to buy Chinese startup Manus to boost advanced AI
Meta said on Monday it would acquire Chinese-founded artificial intelligence startup Manus, as the technology giant accelerates efforts to integrate advanced AI across its platforms. Financial terms of its transaction...
Britain’s Octopus Energy to spin out Kraken at $8.65 billion valuation
Britain’s Octopus Energy said on Monday it will spin off its technology arm, Kraken, as an independent company valued at $8.65 billion, after a funding round led by U.S. investment firm D1 Capital Partners. Kraken...
