Novo Holdings, which controls obesity drugmaker Novo Nordisk, will sell 154.5 million shares, or 7.8% of its stake, in British medical products maker ConvaTec Group, a bookrunner for the offering said on Monday. Novo is...
Prosus’ arm seeks CCI nod for raising stake in Rapido
An arm of Dutch investment firm Prosus has sought the approval of the Competition Commission of India (CCI) to acquire an additional stake in ride-hailing and delivery services startup Rapido. In a filing with the...
Amber Enterprises to acquire majority stake in PCB maker Shogini Technoarts
Electronics manufacturer Amber Enterprises has entered into a definitive agreement with Pune-based Shogini Technoarts to purchase a majority stake in the company. The agreement is with Amber’s subsidiary IL JIN...
A seven-year-old merger plan for insurance weaklings is being dusted off the shelves
The Centre is weighing a massive restructuring of National Insurance Co., Oriental Insurance Co., and United India Insurance Co., potentially involving a merger, privatization or both. The Union finance ministry is...
Barrick Mining considers splitting into two entities, sources say
The board of Canada’s Barrick Mining has raised the possibility of splitting the company into two separate entities, one focused on North America and the other on Africa and Asia, four sources familiar with the...
Chandra Asri gets $750 million from KKR to buy Exxon’s Singapore fuel stations
Indonesia’s Chandra Asri Pacific said on Monday it has secured a bespoke $750 million financing package from investment firm KKR to support its purchase of ExxonMobil’s Esso-branded retail fuel station...
Activist investor Irenic builds stake in Papa John’s, sources say
Activist investor Irenic Capital Management built a stake in Papa John’s during the third quarter, sources familiar with the matter told Reuters on Friday, adding a fresh dimension to mounting speculation about...
Warburg, Permira in talks to buy Clearwater Analytics, source says
Global private equity firms Warburg Pincus and Permira are in talks to buy investment and accounting software maker Clearwater Analytics, a source familiar with the matter told Reuters on Friday. Boise, Idaho-based...
IHCL acquires majority stake in wellness retreat brand Atmantan
Tata Group-backed Indian Hotels Company Limited (IHCL) has signed definitive agreements to acquire 51% stake in Sparsh Infratech Private Limited, the owning company of the luxury wellness retreat brand Atmantan, located...
Jeevansathi to acquire balance 3.65% stake in Aisle Network
Jeevansathi Internet Services (Jeevansathi), a wholly owned subsidiary of Info Edge (India) has in its meeting of the Board of Directors held today i.e. on 14 November 2025, considered and approved acquisition of 1,279...
Purdue Pharma Gets Court Nod for Bankruptcy Exit, Sackler Deal
Purdue Pharma LP won court approval to exit bankruptcy, capping six years of legal wrangling over a multibillion-dollar settlement and liability releases for the opioid manufacturer’s Sackler family owners. Judge Sean H...
RedBird’s bid for UK’s Telegraph collapses after newsroom opposition
U.S.-based private investment firm RedBird Capital Partners on Friday pulled out of a 500-million-pound ($671-million) bid for Britain’s Telegraph Media Group, the latest twist in a two-and-a-half-year saga at one...
