Edtech major UpGrad is in talks to acquire Unacademy in a deal that could value the test-prep platform at $300–400 million ( ₹2,800–3,500 crore), Moneycontrol reported citing people familiar with the matter. “The two...
Aquarian Capital to buy insurer Brighthouse in $4.1 billion deal
Abu Dhabi-backed financial investor Aquarian Capital has agreed to take private U.S. life insurance and annuity provider Brighthouse Financial in a $4.1 billion deal, culminating a long running saga over the fate of the...
Singtel offers to sell stake worth $1.18 billion in India’s Airtel, Bloomberg News reports
A unit of Singapore Telecommunications has offered to sell shares in India’s Bharti Airtel in a deal that could net about 103.5 billion rupees ($1.18 billion), Bloomberg News reported on Thursday, citing the terms...
Sky-owner Comcast in talks to buy ITV’s broadcasting arm, Bloomberg News reports
Sky News-owner Comcast is in talks to buy British broadcaster ITV’s media and entertainment unit, Bloomberg News reported on Thursday, citing people with knowledge of the matter. A person familiar with the matter...
Gunvor withdraws bid to buy Russian Lukoil assets after US calls it ‘Kremlin’s puppet’
Swiss commodity trader Gunvor said on Thursday it has withdrawn its proposal to buy foreign assets of Russian energy company Lukoil after the U.S. Treasury called it Russia’s “puppet” and signaled...
Mitsubishi Corporation acquires stake in KIS Group to enter biogas business
KIS Group, a Bengaluru-based Biogas and Biofuels technology firm, on Wednesday announced that Mitsubishi Corporation, one of Japan’s largest global integrated business enterprises, has acquired a minority equity...
Lincoln International completes MarshBerry acquisition to expand insurance and wealth management advisory
Lincoln International, a global investment banking advisory firm specializing in private capital markets, has completed its acquisition of MarshBerry. MarshBerry provides investment banking and consulting services to...
Emirates NBD proposes open offer to acquire 26% in RBL
Emirates NBD Bank PJSC has proposed to launch an open offer to acquire 26% stake in Mumbai-based RBL Bank at ₹280 per share, the domestic private bank informed the stock exchanges. Shareholders can tender shares from...
Pfizer, Novo Nordisk escalate bidding war for obesity drug developer Metsera
Pfizer and Novo Nordisk’s fight for obesity drug developer Metsera ratcheted up on Tuesday, as both companies submitted sweetened bids, with Metsera saying Novo’s $10 billion offer is superior. The dramatic...
JSW Paints to raise ₹3,300cr to fund AkzoNobel India buy
JSW Paints plans to raise ₹3,300 crore on Friday through non-convertible debentures to help finance its planned acquisition of AkzoNobel India, according to people familiar with the matter. The bond issue is part of a...
RateGain completes acquisition of Sojern
RateGain Travel Technologies announced the completion of its acquisition of Sojern, the leading AI-powered marketing platform built for hospitality. The transaction brings together two complementary forces in travel...
Mahindra and Mahindra sells entire stake in RBL Bank for ₹678 crore
Mahindra and Mahindra (M&M) has sold its entire stake in lender RBL Bank for ₹678 crore, the automaker said in an exchange filing on Thursday, November 6. The sale comes days after the lender announced Emirates...
