Native has acquired a strategic stake in India-focused recruitment process outsourcing (RPO) venture Woven as part of its plan to build an integrated, end-to-end talent solutions platform, the companies said on Thursday...
Arm Holdings shares rise after Nvidia exits its entire $155.8M stake
Arm shares rose more than 1% in premarket trading on Wednesday (February 18) following the disclosure that Nvidia has sold its entire stake in the British semiconductor firm, signaling investor confidence in Arm’s...
Novartis AG to sell entire 70.68% stake for ₹1,445.89 crore in India unit; stock jumps 18%
Novartis India share price surged 18% in intra-day trade on Friday, February 20, after promoter Novartis AG agreed to sell its entire stake in the company, triggering a mandatory open offer and a complete change in...
Macquarie, Blackstone among bidders for Welspun’s green arm
Global private equity majors and strategic infrastructure investors including Macquarie, Actis, Blackstone and Sembcorp are preparing to bid for a controlling stake in Welspun Group’s clean-energy arm, Welspun New...
SBI mulls raising stake in investment banking JV to 51% amid capital market boom
The State Bank of India is weighing a plan to take control of its investment-banking joint venture (JV) with Investec India, according to two people familiar with the matter. The move comes as India’s largest lender...
Vedanta moves NCLT against lender’s nod to Adani’s plan for Jaiprakash Associates
Billionaire Anil Agarwal-led Vedanta Ltd on Thursday urged the National Company Law Tribunal (NCLT) to review a decision by lenders to approve Adani Enterprises Ltd’s over ₹15,000 crore resolution plan for bankrupt...
CVC, Advent, Carlyle, Blackstone circle Citius as EQT weighs billion-dollar exit
CVC Capital Partners, Advent International, Carlyle and Temasek are among private equity firms evaluating the acquisition of EQT Partners’ 40% stake in healthtech firm CitiusTech in a potential deal likely at...
Bertelsmann Next enters India with acquisition of Let’s Transport
Bertelsmann Next, the mid-market and acquisition investment vehicle of Germany-based media, services and education conglomerate Bertelsmann announced its entry into India with the acquisition of logistics marketplace...
Angola seeks 20%-30% stake in De Beers: Report
Angola is pursuing a 20%-30% stake in Anglo American’s diamond unit De Beers, a proposal being discussed with other diamond-producing African nations, a senior official from Angola’s mining ministry told...
Wonder Products Group explores 30-35% stake sale for about $250 million, engages PwC as advisor
The promoters of Wonder Products Group have engaged PwC as an adviser to sell a 30–35% stake in the contract manufacturing company in what will likely be its first round of external funding, two people familiar with the...
Zensar in talks to acquire promoter stake in Mastek
IT firm Zensar Technologies is in talks to acquire an 18–20% stake from promoters of mid-sized peer Mastek, three people familiar with the matter told Mint. The proposed transaction is expected to be valued at over $200...
Elon Musk’s SpaceX acquires xAI in record-setting deal ahead of mega IPO
Billionaire Elon Musk said on Monday that his rocket venture, SpaceX, has acquired his artificial-intelligence startup xAI in a record-setting deal. The deal was announced in a memo, sources told Bloomberg. According to...
