Forvia is looking to sell part of its car interiors unit as part of an ongoing push to trim its portfolio and reduce debt, it said on Friday. The car parts supplier has so far completed a quarter of the 1-billion-euro...
Naver’s payment arm to acquire South Korean crypto exchange operator in $10 bln deal
Naver Financial, a unit of South Korean internet giant Naver, has agreed to acquire Dunamu, an operator of the country’s largest cryptocurrency exchange Upbit, in an all-stock deal valued at 15.13 trillion won...
Kauvery Hospitals’ promoters look to buy back 5% stake from Lightrock
Promoters of Sri Kauvery Medical Care (India) (Kauvery Hospitals), a leading multispecialty hospital chain in Tamil Nadu, are in advanced talks to buy back around 5% stake from existing investor Lightrock, said people...
Small and mid-sized law firms rush to merge for scale
A wave of mergers is sweeping small and mid-sized law firms across India as they seek to gain scale with clients increasingly expecting multi-disciplinary capability, cross-border advisory support and deep expertise...
NDL Ventures board approves merger of Hinduja Leyland Finance into NDL Ventures
NDL Ventures Limited (formerly NXTDIGITAL Limited) on Wednesday said its Board of Directors has unanimously approved the Scheme of Merger by Absorption of Hinduja Leyland Finance Limited (HLFL) into the company. The...
Lord’s Mark Industries acquires 85% stake in Renalyx to scale indigenous dialysis technology
Lord’s Mark Industries Ltd., a diversified healthcare and technology-led group, announced the acquisition of an 85% stake in Renalyx Health Systems Private Limited, the Bengaluru-based med-tech innovator behind India’s...
TalentPro India Acquires PSN Supply Chain Solutions, Strengthening Its Nationwide Staffing Capabilities
TalentPro India, a leading provider of staffing, payroll, and compliance management solutions, today announced the acquisition of PSN SupplyChain Solutions Pvt. Ltd. — a Mumbai-based specialist in supply chain...
Baby Memorial Hospital front-runner for Star Hospitals, Fortis also in fray
Baby Memorial Hospital, backed by KKR, has emerged the front-runner to acquire Hyderabad-based Star Hospitals in a closely fought contest, said people familiar with the development. It is said to have offered ₹2,500...
UpGrad in talks with Unacademy investors, no deal yet, says Ronnie Screwvala
UpGrad co-founder Ronnie Screwvala has told ET that he has held discussions with Unacademy’s investors and co-founders, although no deal is currently ‘on the table.’ He also indicated that he is open to acquiring Byju’s...
Havells India to acquire stake in solar SPV for captive consumption
Havells India has approved acquiring a stake of 26% in Kundan Solar (Pali), a Special Purpose Vehicle (SPV), established for the business of developing, installing, operating, managing and maintaining solar power plant...
After blocked Mayne deal, Australia M&As set for higher reverse break fees
Foreign bidders for Australian companies could be liable for higher reverse break fees if regulatory approval is not received, in the wake of the failed $434 million takeover of Mayne Pharma, lawyers said. Treasurer Jim...
Proposed Teck-Anglo merger is subject to national security review, Canada says
Canada will submit the proposed merger of Anglo American and Teck Resources to a national security review, Industry Minister Melanie Joly said on Wednesday. Joly also said Ottawa would come to a final decision in the...
