Inventurus Knowledge Solutions (IKS), a healthcare technology solutions company backed by the family of the late Rakesh Jhunjhunwala, is in advanced negotiations to acquire Nasdaq-listed TruBridge in the US for around...
NCLT clears merger of Nirmal Lifestyle Realty with Oberoi Realty
The National Company Law Tribunal (NCLT) has approved the amalgamation of Nirmal Lifestyle Realty with listed developer Oberoi Realty, paving the way for consolidation within the latter’s group structure as it sharpens...
Jindal Renewables, INOXGFL in race for GIP’s Vena India
Leading homegrown clean energy producers such as Naveen Jindal-owned Jindal Renewables, INOXGFL Group, and Edelweiss-owned Sekura Energy are in talks to acquire Vena Energy India, a 1.1 GW renewable energy platform...
Canada’s Cohere, Germany’s Aleph Alpha in merger talks: Report
Canadian artificial intelligence company Cohere and German company Aleph Alpha are reportedly in merger discussions. The German government is said to support a potential deal, viewing it as a strategic move. This...
Sun Pharma closes in on Organon buy, gets set for $12 billion binding bid
Sun Pharmaceutical Industries has decided to proceed with a binding offer of $12 billion for Organon & Co, taking the company to the final stages of its most ambitious overseas acquisition bid as it looks to become...
Whitestone REIT to be taken private by Ares in $1.7 billion deal
Whitestone REIT will be acquired by funds managed by Ares Management Corp in an all-cash deal, valuing the U.S. shopping center owner at about $1.7 billion, the company said on Thursday. Shares of Whitestone REIT...
NCLAT upholds NCLT order on distribution of funds from a resolution plan
The National Company Law Appellate Tribunal on Wednesday rejected a joint petition filed by five banks – Indian Bank, UCO Bank, Bank of Baroda, ICICI Bank and Union Bank of India, challenging the distribution of...
Bosch to acquire its vehicle motion business Bosh Chassis Systems India
Bosch Group’s flagship firm Bosch Limited on Wednesday said it intends to acquire 100 per cent of its vehicle motion business, Bosch Chassis Systems India, through a cash deal and issuance of equity shares on a...
JC Flowers withdraws NCLT plea against Dish TV
In a relief to Dish TV, direct-to-home service provider JC Flowers Asset Reconstruction has withdrawn its petition filed before the NCLT for convening an extraordinary general meeting of the company. The petition filed...
Cyient Semiconductor acquires Kinetic Technologies, eyes data center market
Cyient Semiconductors’ acquisition of Kinetic Technologies will give the company a chance to go after the data center market, especially around power, the company’s top executive told ET. Cyient...
Japan’s MUFG Bank acquires 20 pc stake for Rs 39,618 cr in Shriram Finance
Japan’s MUFG Bank on Wednesday acquired 20 per cent stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore. The transaction represents the largest cross-border investment in India’s financial services sector...
JM Financial wants a deep-pocketed player to acquire Swiggy. Here’s why
Arguing that Swiggy Instamart’s current strategy risks prolonged value destruction despite a resilient food delivery franchise, domestic brokerage firm JM Financial has said that a takeover by a deeper‑pocketed...
