Global infrastructure investor Macquarie Asset Management (MAM) has shortlisted three bidders — France’s VINCI Highways, Edelweiss-backed Sekura Roads, and KKR-backed Vertis Infrastructure Trust — for the proposed sale...
CCI approves proposed merger of Girnar group firms with Artivatic Data Labs
Fair trade regulator CCI on Friday cleared the proposed merger of four entities of CarDekho owner Girnar group into Artivatic Data Labs. The four entities are Girnar Finserv, Girnar Insurance Brokers, D2C Consulting...
Comcast’s Sky in talks to buy ITV’s media unit for $2.15 billion
British broadcaster ITV said on Friday it was in talks with pay-TV company Sky, owned by Comcast, over a potential sale of its media and entertainment (M&E) unit for 1.6 billion pounds ($2.15 billion) including debt...
Metsera accepts Pfizer’s $10 billion bid in ongoing M&A battle
Obesity drug developer Metsera said on Friday that it accepted Pfizer’s $10 billion acquisition offer, in what could be the end of a bidding war between the New York-based pharma giant and rival Novo Nordisk that...
Blackstone entity gets CCI approval to acquire 80% stake in Aadhar Housing Finance
The Competition Commission of India (CCI) on Friday approved investment firm Blackstone’s arm’s proposal to acquire up to 80.15 per cent stake in Aadhar Housing Finance Ltd. US-based investment firm...
TVS Motor to sell stake in Rapido for Rs 288 cr
TVS Motor Company on Thursday announced that it has entered into agreements to divest its stake in bike-taxi aggregator Rapido for Rs 287.93 crore. The two- and three-wheeler manufacturer has signed agreements with...
Apollo Hospitals eyes Q4 FY27 listing for HealthCo amid major restructuring
Apollo Hospitals, the largest pan-India hospital chain by revenue, is on track to list Apollo HealthCo by the fourth quarter of next financial year, an outcome of a multi-layered restructuring plan, said its group chief...
Lance Pte to acquire 20% stake in AWL Agri Business from Adani Commodities
AWL Agri Business Limited, formerly known as Adani Wilmar Limited, is said to sell its 20% stake to promoter group Lence Pte Ltd., which already owns around 44% of shares in the company. Once the proposed transaction is...
SoftBank is said to have explored potential takeover of Marvell: Bloomberg
SoftBank Group Corp explored a potential takeover of U.S. chipmaker Marvell Technology earlier this year, Bloomberg News reported on Wednesday citing people familiar with the matter. SoftBank made overtures to Marvell...
Mitsubishi Corporation acquires stake in KIS Group to enter biogas business
KIS Group, a Bengaluru-based Biogas and Biofuels technology firm, on Wednesday announced that Mitsubishi Corporation, one of Japan’s largest global integrated business enterprises, has acquired a minority equity...
Lincoln International completes MarshBerry acquisition to expand insurance and wealth management advisory
Lincoln International, a global investment banking advisory firm specializing in private capital markets, has completed its acquisition of MarshBerry. MarshBerry provides investment banking and consulting services to...
Emirates NBD proposes open offer to acquire 26% in RBL
Emirates NBD Bank PJSC has proposed to launch an open offer to acquire 26% stake in Mumbai-based RBL Bank at ₹280 per share, the domestic private bank informed the stock exchanges. Shareholders can tender shares from...
