A91 Partners has invested ₹300 crore for a 25% stake in Nagpur-based Spacewood Furnishers, a modular furniture manufacturer, marking the private equity firm’s latest bet in the consumer manufacturing segment. The deal...
Financial software provider OneStream explores sale after share price drop, sources say
Financial software maker OneStream is exploring strategic options including a possible sale, less than 18 months after its stock market debut, according to three people familiar with the matter. OneStream has been...
Qatar Airways sells entire Cathay Pacific stake for $897 million
State-owned Qatar Airways has decided to sell its entire stake in Cathay Pacific Airways for about $897 million (HK$6.97 billion), marking its complete exit from Hong Kong’s flagship airline after eight years...
CEVA Logistics wraps up Turkish deal with Borusan for $383 million
France’s CEVA Logistics has completed its acquisition of Turkish logistics provider Borusan Tedarik from Turkish conglomerate Borusan Yatirim for $383 million, the companies said in separate statements on...
Nexi says it no longer has commitment to buy Sabadell unit, but is open to new deal
Italian payments group Nexi no longer has any commitment or obligation to buy Sabadell’s retailers’ payments unit, but is open to discussing a possible future deal on different terms, its CEO said on...
Charles Schwab close to $600 million deal to buy Forge Global, FT reports
Charles Schwab is expected to announce an acquisition deal for private share marketplace Forge Global in an offer valued at as much as $600 million, the Financial Times reported on Wednesday, according to two people...
Starbucks sells 60% stake in China business in $4 billion deal with Boyu
Starbucks said Monday it is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China. Under the agreement, Boyu will acquire a 60% interest in Starbucks’ retail...
Bharti Airtel board approves acquiring 5 pc additional stake in Indus Towers
Bharti Airtel on Monday said its board has approved the acquisition of a 5 per cent additional stake in its telecom infrastructure subsidiary Indus Towers. Bharti Airtel holds a 51.03 per cent stake in Indus Towers as...
Cipla to fully acquire Inzpera Healthscience
Drug maker Cipla on Monday said it has inked a pact to fully acquire Inzpera Healthscience for around Rs 111 crore. The drug maker has entered into definitive agreements to acquire 100 per cent stake in Inzpera...
Zupee acquires Australian AI startup Nucanon to expand into interactive storytelling
Zupee, India’s leading social gaming and entertainment platform, on Monday announced the acquisition of Nucanon, a Sydney-based innovator in AI-driven interactive storytelling. The strategic acquisition marks a...
IMFA to buy Tata Steel’s Kalinganagar ferrochrome plant in Rs 610 crore deal
Indian Metals & Ferro Alloys (IMFA) on Tuesday said it is acquiring Tata Steel Limited’s ferrochrome plant in Kalinganagar, Odisha, for ₹610 crore, after which it will become India’s largest and the...
Allcargo Logistics completes demerger of global supply chain biz
Allcargo Logistics Limited on Monday announced that the demerger of its international supply chain business as well as the merger of domestic business has become effective from November 1. Under a composite scheme of...
