US private equity firm General Atlantic is in the final stages of buying a 7% stake in Balaji Wafers for ₹2,500 crore (approximately $282 million), valuing the Gujarat-based packaged ethnic snack maker at about ₹35,000...
Advent International frontrunner to buy Whirlpool’s India arm in likely $1bn deal
Advent International is closing in to swoop up a controlling stake in the listed home appliances maker Whirlpool of India, said multiple people in the know, in the latest sign of a dealmaking frenzy for local businesses...
Adani Enterprises likely to pip Vedanta to emerge highest bidder for Jaiprakash Associates
Adani Enterprises Ltd is likely to emerge as the highest bidder to acquire Jaiprakash Associates Ltd (JAL) through insolvency process as its offers to pay acquisition amount in two years have been found better than...
NCLT approves merger scheme of Suzuki Motor Gujarat with Maruti Suzuki India
The National Company Law Tribunal (NCLT) has approved the scheme of amalgamation, in which Suzuki Motor Gujarat is being merged with its parent entity, Maruti Suzuki India, the country’s largest carmaker. A two...
Macquarie shortlists three bidders for road assets sale
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...
