Swedish autonomous trucking company Einride said on Wednesday it has agreed to go public in the U.S. through a merger with blank-check firm Legato Merger Corp III in a deal valuing the company at $1.8 billion. The...
Indonesia government backs planned merger of Grab and GoTo, sources say
The Indonesian government fully backs a possible merger between ride-hailing and food delivery firm GoTo and Singapore-based rival Grab after initially opposing a deal, two sources with knowledge of the matter said on...
Dutch bank ABN Amro buys domestic peer NIBC for $1.1 billion
Dutch bank ABN Amro on Wednesday said that it had acquired domestic commercial lender NIBC Bank from private equity firm Blackstone, strengthening its position in its home market. The acquisition, for an estimated price...
Shah Capital pushes for Novavax sale, warns of proxy fight
Shah Capital, Novavax’s second-largest shareholder, is pressing the biotech’s board to pursue strategic changes, including a potential sale, and warned it could launch a proxy fight if no progress is made in...
Permira in talks with China’s HongShan on $3 billion Golden Goose sale, sources say
Private equity firm Permira is in advanced talks with China’s HongShan Capital Group (HSG) to sell Italian luxury sneaker maker Golden Goose at a valuation of over 2.5 billion euros ($3 billion), two sources close...
JSW may sell 50% in Bhushan Power to JFE
JSW Steel is looking at options to sell a 50% stake in Bhushan Power and Steel, the distressed asset that it acquired in 2019. Japanese steelmaker JFE Steel Corp has emerged as the frontrunner for acquiring this stake...
Wilmar International gets CCI nod to acquire 20 pc stake in AWL Agri Business
Fair trade regulator CCI on Tuesday cleared Wilmar International’s proposal to acquire up to 20 per cent stake in AWL Agri Business Ltd from Adani Group. The move came after Adani Group in July this year announced...
Think Investments acquires 5% of anchor book in PhysicsWallah IPO
Global investment firm Think Investments has increased its stake in edtech unicorn PhysicsWallah, acquiring around 5% of the anchor portion as the company launched its Rs 3,480 crore initial public offering (IPO) on...
Tata Power to acquire 40% stake for Rs 1,572 cr in SPV for Dorjilung hydro project in Bhutan
Tata Power Limited on Tuesday announced that the company has proposed an investment of Rs 1,572 crore for acquiring a 40% stake in a special purpose vehicle (SPV) that will set up 1,125 MW Dorjilung hydro power project...
CarTrade confirms acquisition talks with CarDekho parent
Mumbai-based listed auto marketplace CarTrade Tech is in discussions with Girnar Software, the parent company of rival CarDekho, to acquire its automotive classifieds businesses. In an exchange filing released on...
SoftBank sells entire Nvidia stake for $5.8 billion in surprise move
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a rash of planned investments by founder Masayoshi Son to build his own sphere of influence supporting artificial intelligence...
BASF India to acquire 26% stake in Clean Max Amalfi
For the purpose of procurement of renewable power under the captive power generation mechanism. BASF India has signed the Share Purchase Agreement with Clean Max Enviro Energy Solutions on 11th November, 2025 to acquire...
