HSBC said on Thursday it planned to privatise Hong Kong’s Hang Seng Bank in a deal worth HK$106.1 billion ($13.63 billion) after its majority-held subsidiary has come under fire for its performance and exposure to...
Germany’s Helsing to acquire Australian underwater drone maker
Germany’s Helsing will acquire Australian underwater drone maker Blue Ocean, the defence startup said on Wednesday, as it looks to expand its AI-powered autonomous systems in the marine sector. Helsing, which did...
ASG Eye Hospitals to merge with Sharp Sight in Rs 450 crore deal; PE-backed chain targets IPO
ASG Eye Hospitals, backed by private equity firms General Atlantic and Kedaara Capital, has signed a Rs 450 crore non-binding merger deal with Sharp Sight Eye Hospitals, said people familiar with the matter. The deal...
Government confident of completing IDBI Bank stake sale this fiscal year
The Indian government is confident of completing the stake sale in IDBI Bank before the end of the current financial year, according to Financial Services Secretary M. Nagaraju. Speaking on the sidelines of the Global...
CCI clears Lloyds Metals’ proposal to acquire 49.99% stake in Thriveni Pellets
Fair trade regulator CCI on Tuesday cleared Lloyds Metals and Energy’s proposal to acquire a 49.99% equity stake in Thriveni Pellets Pvt Ltd. “The proposed combination involves the acquisition of 49.99% of...
Aster DM Healthcare shares in focus as BSE, NSE clear merger with Quality Care India
Shares of Aster DM Healthcare are likely to be on investors’ radar on Tuesday, October 7, after the company received no-objection letters from both BSE and the National Stock Exchange (NSE) on October 6 for its planned...
CCI approves Tilaknagar Industries proposal to acquire Pernod Ricard’s Imperial Blue biz
Fair trade regulator CCI on Tuesday cleared home-grown alcoholic beverage maker Tilaknagar Industries’ proposal to acquire the Imperial Blue whisky business from the Indian arm of French liquor giant Pernod Ricard...
Atelier Expressions acquires French porcelain manufacturer J.L. Coquet
TVS Venu, the international holding company of the founding family of TVS Motor Company, announced on Tuesday the acquisition of JL Coquet, a French porcelain manufacturer known for its Limoges craftsmanship. The move...
HashStudioz Technologies acquires majority stake in Maxify
HashStudioz Technologies Pvt. Ltd., a global provider of IoT, data analytics, AI, travel technology, and custom software development, on Tuesday announced the acquisition of a majority stake in Maxify Digital, a...
IKEA acquires US logistics tech company Locus in online growth push
IKEA has acquired U.S. logistics technology firm Locus, the two companies said on Tuesday, a deal the Swedish furniture retailer said would make its deliveries to shoppers smoother and faster as it invests to expand...
Data streaming software maker Confluent explores sale, sources say
Confluent is exploring a sale after attracting acquisition interest, according to three people familiar with the matter, the latest data infrastructure company to draw suitors for its potential in supporting artificial...
Emirates Global Aluminium explores bid for Brazilian aluminium firm CBA, sources say
United Arab Emirates-based Emirates Global Aluminium (EGA) is exploring an acquisition of Companhia Brasileira de Aluminio, two sources said, as the Brazilian producer’s operations along the entire production chain have...
