British pharmaceutical group GSK announced Tuesday a $10.6-billion deal for Nuvalent, a Boston-based specialist in cancer treatments, furthering its push into both oncology and the United States. The deal includes...
Economic Times
Adani Energy buys IntelliSmart in Rs 3,050-cr deal, becomes India’s largest smart metering platform
Adani Energy Solutions Ltd (AESL) on Tuesday announced the acquisition of IntelliSmart Infrastructure Pvt Ltd, one of India’s leading smart metering platforms, in a transaction valued at Rs 3,050 crore. With the...
GSK in talks to buy cancer biotech Nuvalent for more than $9 billion
UK pharmaceutical group GSK is in talks to buy cancer drugmaker Nuvalent for more than $9 billion, the Financial Times reported on Monday, citing people familiar with the matter. The companies were locked in...
Carlyle-backed Viyash Scientific buys Italy’s BioForLife for Rs 188 crore
Carlyle-backed Viyash Scientific has bought Italy’s BioForLife for Rs. 188 crore, according to an official release. BioForLife, based in Milan, Italy, specializes in the development, commercialization and distribution...
Incuspaze eyes Rs 100 cr from iKeva buy
Managed workspace provider Incuspaze is likely to get nearly Rs 100 crore annual revenue boost with its latest acquisition of iKeva. iKeva has a portfolio of 18 workspace centres covering 500,000 sq ft across Hyderabad...
Evonith Steel acquires Indrajit Power in Maharashtra for Rs 232 cr
Evonith Steel on Friday announced the acquisition of Indrajit Power Pvt Ltd (IPPL) through an insolvency process for Rs 232 crore. The acquisition of 85 MW thermal asset will support its power requirements, Evonith...
Ixigo acquires majority stake in hotels brand Brevistay for Rs 66 crore
Gurugram-based online travel platform Ixigo has acquired a 55% stake in hotel-booking brand Brevistay for Rs 66 crore, the company said in a statement on Friday. Ixigo, which went public in 2024, said it may increase...
Inox Clean Energy buys Vena’s India energy business for Rs 6,000 crore
Inox Clean Energy, the renewable energy platform of the INOXGFL Group, said on Thursday it has signed a definitive agreement to acquire Vena Energy India’s 6 GW renewable energy portfolio. Financial terms of the...
Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 million
Wipro Ltd announced on Monday that it will purchase an additional 20% stake in the US-based insurtech firm Aggne Global Inc in an all-cash deal valued at $28.5 million. The transaction comes more than two years after...
Scripbox acquires wealth manager Bluechip Capital to expand offerings
Bengaluru-based wealth management startup Scripbox has acquired New Delhi-based wealth management firm Bluechip Capital, the company said in a note on Monday. The acquisition will help Scripbox expand its client base...
Axis Bank hikes stake in Axis Max Life Insurance to 19.9%
Private lender Axis Bank on Monday said it has raised its stake in Axis Max Life Insurance Company to 19.9 per cent. Based on approval granted by the Acquisitions, Divestments and Merger Committee of the board of...
Warburg, KKR, TPG among PE giants vying for 25% stake in Cloudnine
Global private equity firms Warburg Pincus, KKR, TPG Capital, Advent International, CVC Capital Partners, and Permira, along with homegrown Kedaara Capital are in the race to acquire a 25% stake in Cloudnine...
