Fair trade regulator CCI on Tuesday cleared Abu Dhabi-based International Holding Company’s proposal to acquire stakes in Sammaan Capital. International Holding Company (IHC), through its affiliate Avenir...
Piramal Finance clarifies after reports suggest talks with Keertana Finserv
Piramal Finance Ltd has issued a formal clarification to the stock exchanges after reports suggested that the non-bank lender was in talks to acquire Keertana Finserv as part of its planned entry into the gold loan...
KKR buys out Avendus’ Vohra at ₹11,500 cr valuation, paves the way for full sale
Global private equity firm KKR has bought out Ranu Vohra, the cofounder of Avendus Capital, clearing up the way for a deal to sell the financial services firm. The deal to buy out the 6% stake held by Vohra values the...
India to see increased momentum in cross-border deals and IPOs in 2026: JP Morgan
India is expected to see heightened momentum on cross-border mergers and acquisitions (M&A) and initial public offerings (IPOs) through 2026 as companies worldwide look to monetise their stakes and take advantage of...
Anglo American, Teck Resources shareholders approve mining merger
Shareholders of Anglo American and Teck Resources on Tuesday approved a previously announced merger, the companies said, paving the way for the creation of a copper heavyweight and leaving regulatory approvals as the...
Shell in advanced talks to buy LLOG Exploration for more than $3 billion, sources say
Shell is in advanced talks to buy LLOG Exploration Offshore in a deal worth more than $3 billion, two sources familiar with the matter said, a move that would boost the oil major’s upstream portfolio through one...
Activist investor Elliott takes 5% stake in Toyota Industries, filing shows
Activist investor Elliott Investment Management has taken a 5.01% stake for 268 billion yen ($1.71 billion) in Toyota Industries, a group firm that Toyota Motor is hoping to buy out, a regulatory filing showed on...
Lai Sun Development sells stake in Hong Kong office tower to JD.com for $450 mln
Cash-strapped Hong Kong developer Lai Sun Development has agreed to sell its 50% interest in an office tower in the city’s central financial district to e-commerce giant JD.com for HK$3.5 billion ($450 million). The...
Activist investor Jana Partners pushes Alkami Technology to explore sale, Bloomberg News reports
Activist investor Jana Partners has urged Alkami Technology, a fintech provider for banks and credit unions, to explore a sale to a rival or private equity firm, Bloomberg News reported on Tuesday. The company was...
PhysicsWallah increases stake in Utkarsh Classes to 76%
Edtech firm PhysicsWallah on Monday said that it has completed the third tranche of its investment in subsidiary Utkarsh Classes, infusing Rs 26.5 crore to increase its stake from 63.25% to 75.5%. The deal is part of a...
Sankey Prasad acquires 100% stake in Colliers Project Leaders Middle East
Sankey Prasad, a seasoned real estate entrepreneur and advisor with a four-decade track record spanning a global portfolio, has acquired 100% ownership of the Colliers Project Leaders (CPL) business in the Middle East...
IBM nears roughly $11 billion deal for Confluent: Report
IBM is in advanced talks to acquire data-infrastructure company Confluent for about $11 billion, the Wall Street Journal reported on Sunday, in a move aimed at boosting Big Blue’s ability to capture growing demand...
