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...
Pfizer, Novo Nordisk escalate bidding war for obesity drug developer Metsera
Pfizer and Novo Nordisk’s fight for obesity drug developer Metsera ratcheted up on Tuesday, as both companies submitted sweetened bids, with Metsera saying Novo’s $10 billion offer is superior. The dramatic...
JSW Paints to raise ₹3,300cr to fund AkzoNobel India buy
JSW Paints plans to raise ₹3,300 crore on Friday through non-convertible debentures to help finance its planned acquisition of AkzoNobel India, according to people familiar with the matter. The bond issue is part of a...
Starbucks sells 60% stake in China business in $4 billion deal with Boyu
Starbucks said Monday it is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China. Under the agreement, Boyu will acquire a 60% interest in Starbucks’ retail...
Bharti Airtel board approves acquiring 5 pc additional stake in Indus Towers
Bharti Airtel on Monday said its board has approved the acquisition of a 5 per cent additional stake in its telecom infrastructure subsidiary Indus Towers. Bharti Airtel holds a 51.03 per cent stake in Indus Towers as...
