The Competition Commission of India (CCI) on Tuesday cleared state-owned Central Bank of India’s proposed stake acquisition of stakes in Future Generali India Insurance and Future Generali India Life Insurance...
TPG, Blackstone bid for Bausch + Lomb in potential $14 billion deal
Private equity giants TPG and Blackstone have joined forces to submit a joint bid for eyecare company Bausch + Lomb, Financial Times reported citing sources familiar with the development. If successful, the transaction...
Gaming firm Jetapult acquires stake in Saudi Arabia-based UMX Studio for $4.5 million
Bengaluru-based gaming investment company Jetapult, backed by the likes of Accel and Fireside Ventures, has picked up a significant stake in Saudi Arabia-based game developer UMX Studio through an all-cash transaction...
Licious acquires My Chicken and More to boost offline presence
Meat and seafood home-delivery service Licious’ parent company, Delightful Gourmet, on Monday said that it has acquired Bengaluru-based offline retailer My Chicken and More. It was a cash-and-equity deal, the...
Temasek-backed Manipal Health buys hospital in Mumbai’s Andheri for Rs 415 cr
Singapore’s global investment company Temasek Holdings-backed Manipal Health Enterprises’ Manipal Hospitals has acquired a five-storey hospital property in Mumbai’s western suburb Andheri for Rs 415 crore...
RIL expects Star-Viacom18 merger deal closure in Q3
Reliance Industries Limited (RIL)-owned Viacom18 and Walt Disney’s Star India are expected to complete their merger by the third quarter of this financial year, pending additional approvals, according to a...
CDPQ to buy Ashoka’s BOT toll road assets for Rs 4,500 crore
After a year of negotiations, Canadian pension fund CDPQ is set to acquire five build-operate-transfer (BOT) toll road assets of Ashoka Concessions, a subsidiary of highway builder Ashoka Buildcon, for an enterprise...
PE firms queue up for Novartis’ Indian arm
Private equity firms ChrysCapital, Apollo Global Management, Kedaara Capital and Multiples Equity are evaluating the acquisition of Novartis AG’s 70.68% stake in its India-listed arm, according to the people with...
Reliance Industries in talks to acquire stake in Karan Johar’s Dharma Productions
Reliance Industries (RIL) is in talks to acquire a stake in Bollywood producer and director Karan Johar’s Dharma Productions, said people familiar with the matter. A deal will strengthen the oil-to-telecom...
NCLT approves ICICI Bank’s scheme of delisting its affiliate ICICI Securities from the bourses
The Ahmedabad bench of the National Company Law Tribunal approved the ICICI Bank’s application for the scheme of arrangement for delisting of broking firm ICICI Securities Ltd from the bourses. On Wednesday the bench...
NCLT directs to initiate insolvency proceedings against Syska LED Lights
The National Company Law Tribunal (NCLT) has directed to initiate insolvency proceedings against Syska LED Lights, admitting the plea filed by its operational creditor — Sunstar Industries. Syska LED Lights, part...
Tellado Realty divests its hospitality business to StayVista
Tellado Realty, one of the luxury developers in Goa with projects like Tellado Villas (Siolim) and Baia Villas (Mandrem) has divested its hospitality business to villa rental brand StayVista. StayVista said it will be...
