CoStar Group said on Monday it would buy Matterport in a cash-and-stock deal valued at $1.6 billion, as the real estate information provider looks to win listings and sell more properties by enhancing 3D virtual tours...
Future Enterprises gets bids for manufacturing units, insurance biz
Central Bank of India and Mumbai based M Pallonji & Co are the two bidders for Future Enterprises’ insurance business offering Rs 450 crore and Rs 300 crore respectively, two people familiar with the process said...
Adani Enterprises arm acquires France-based Le Marche Duty Free
Gautam Adani-led Adani Enterprises on Wednesday said that the company’s Dubai arm, Ospree International FZCO, has acquired France-based Le Marche Duty Free SAS (LMDF) at a cost of 5,000 euros. In an attempt to...
Greenko acquires GI Hydro’s Sikkim project for enterprise value of ₹1,000 crore
Greenko, backed by GIC Holdings Pte Ltd, Abu Dhabi Investment Authority, and Japan’s ORIX Corp, has completed the acquisition of the 110-megawatt (MW) Chuzachen hydro-electric project in east Sikkim from GI Hydro...
CenterPoint to sell Louisiana, Mississippi natgas assets for $1.2 billion
CenterPoint Energy said it would sell its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners, as the electric and gas utility plans to focus on its regulated business. Several...
Shale producer Devon Energy in bid to acquire Enerplus -sources
U.S. oil and gas producer Devon Energy has approached Enerplus, a peer with a market value of C$4 billion ($3 billion), with an acquisition offer, people familiar with the matter said on Thursday. Such a combination...
Mubadala buys into Manipal Health Enterprises
Mubadala Investment Company will acquire a minority stake in India’s second largest hospital chain Manipal Health Enterprises (Manipal), said a press statement. Temasek, a Singapore government fund and the...
Piramal Enterprises to sell full 20% stake in Shriram Investment Holdings for Rs 1,440 crore
Piramal Enterprises will sell its entire stake of 20% in Shriram Investment Holdings Private Limited to Shriram Ownership Trust for Rs 1,440 crore, with the transaction expected to be completed by the end of this...
Piramal Enterprises to acquire 10.4% stake in Annapurna Finance for ₹300 crore
Piramal Alternatives Trust (PAT), a wholly-owned subsidiary of Piramal Enterprises, will acquire a 10.4% stake in Annapurna Finance for ₹300 crore. Annapurna Finance is a non-banking financial company, headquartered in...
CCI clears SSI’s stake buy in Manipal Health Enterprises
Fair trade regulator Competition Commission of India (CCI) cleared Seventy Second Investment Company’s proposed stake acquisition in Manipal Health Enterprises. The deal has been approved under the green channel...
Hewlett Packard Enterprise in talks to buy Juniper Networks in $13bn deal: Report
Hewlett Packard Enterprise is planning to buy Juniper Networks in a deal valuing the network gear maker at about USD 13 billion as per a Reuters report. A deal between the two companies could be announced as early as...
ACC buys remaining 55% in Asian Concretes at Rs 775 cr enterprise value
ACC Ltd has acquired the remaining 55% stake in Asian Concretes and Cement at an enterprise value of 775 crore rupees. With this buyout, the company will add 2.8 million to its existing production capacity, taking it to...