Global private equity firm Advent International’s talks to acquire U.S. giant Whirlpool’s India unit for up to $1 billion have collapsed due to disagreements over valuation, four people familiar with the...
Birlas exit Kesoram Industries
B K Birla group company Kesoram Industries saw a churn in ownership on Friday as Frontier Warehousing Limited moved to acquire a controlling stake, marking the exit of the Birla family from the company after demerging...
SoftBank in talks to buy digital infra firm DigitalBridge
SoftBank is in talks to acquire digital infrastructure firm DigitalBridge, a source familiar with the matter told Reuters on Friday, as the Japanese conglomerate seeks to tap the firm’s AI-linked portfolio. The...
EQT Partners lines up $1 billion CitiusTech exit
EQT Partners is looking to raise nearly $1 billion (₹8,996 crore) by selling its entire 40% stake in CitiusTech, a global healthcare technology, analytics and consulting company, monetising its six-year-old investment...
Meta buys AI wearables startup Limitless
Meta on Friday confirmed it is buying Limitless, a US startup that makes a wearable pendant that records and summarises conversations and meetings with the help of artificial intelligence. Financial details of the deal...
NIIF to consider selling stake in smart power meter firm IntelliSmart
The National Investment and Infrastructure Fund is considering selling its 51% stake in IntelliSmart Infrastructure, according to people familiar with the matter. NIIF is working with an adviser and sounding out...
Barclays explores bid for British wealth manager Evelyn, sources say
Barclays has been exploring a potential acquisition of Evelyn Partners, one of Britain’s largest wealth managers, and is expected to place a bid next week, three people familiar with the matter told Reuters...
Biocon fully integrates Biocon Biologics in $5.5 billion deal
Indian biopharmaceutical company Biocon said on Saturday it would fully integrate its biosimilar unit Biocon Biologics as a wholly owned subsidiary, consolidating Biocon’s biosimilars and generics businesses under one...
Robinhood to enter Indonesia with brokerage, crypto trader acquisition
Robinhood Markets will acquire Indonesian brokerage firm Buana Capital Sekuritas and licensed digital asset trader Pedagang Aset Kripto, marking the retail trading platform’s entry into one of Southeast...
Brookfield, GIC near binding offer for National Storage, Bloomberg News reports
Brookfield Asset Management and Singapore’s GIC are nearing a binding offer for National Storage REIT in a deal that may value the Sydney-listed company at about 4 billion Australian dollars ($2.65 billion), Bloomberg...
AB InBev to acquire 85% stake in beverage maker BeatBox for $490 million
Anheuser-Busch InBev on Friday said it plans to acquire a majority stake in the U.S.-based ready-to-drink beverage brand BeatBox for about $490 million. The deal would give Anheuser-Busch ownership of 85% of the...
UK’s Telecom Plus eyes acquisition of Ovo’s retail energy unit, FT reports
Utility group Telecom Plus Plc is in talks to acquire the retail energy business of UK energy supplier Ovo, the Financial Times reported on Friday, citing people familiar with the matter. The business could be worth...
