Polish real estate developer Globe Trade Centre SA is in talks to sell part of a German residential portfolio it bought less than a year ago. GTC plans to sell around 45% of the portfolio acquired from Peach Property, a...
MakeMyTrip partners with Google Cloud to enhance AI-powered travel planning
Online travel aggregator MakeMyTrip on Wednesday announced a partnership with Google Cloud to enhance its artificial intelligence (AI) platform Myra. The collaboration aims to simplify and personalise travel planning...
US to Take 10% Stake in Trilogy Metals to Unlock Alaska Mining
The US said it will take a 10% stake in Canadian minerals explorer Trilogy Metals Inc. as part of a $35.6 million investment to secure critical energy and mining projects in Alaska. In an announcement Monday, President...
Veritas-Backed Software Provider Anthology Files for Bankruptcy
Anthology Inc., the Veritas Capital-backed education-software provider, sought Chapter 11 bankruptcy protection in the US after a failed attempt to sell the company or parts of the business outside of court protection...
Pfizer to buy obesity startup Metsera for $4.9 billion
Pfizer Inc. will pay $4.9 billion for the obesity startup Metsera Inc. in a bid to catch up to rival drugmakers after failing to compete with its own weight-loss medications. The US drugmaker agreed to buy Metsera for...
CVC Capital to exit Healthcare Global via ₹550 crore block deal
Nine months after selling a controlling stake in cancer care hospital chain Healthcare Global (HCG) to private equity giant Kohlberg Kravis Roberts (KKR), CVC Capital is planning to exit its remaining stake via a block...
Japan’s Sumitomo Mitsui to exit Kotak ahead of Yes Bank stake purchase
Japan’s Sumitomo Mitsui Banking Corp. (SMBC) plans to sell its stake in Kotak Mahindra Bank, likely to avoid any conflict of interest after getting the regulatory nod to buy nearly 25% in Yes Bank. The foreign lender...
Goldman Sachs Predicts Potential Record-Breaking M&A in 2026
Goldman Sachs Inc. expects a major ramp-up in dealmaking toward the end of the year, with a chance that 2026 proves a record year for M&A. The bank predicts deal flow of around $3.1 trillion globally this year...
Brookfield sells stake in Pune office park to 360 ONE Asset
Global investor Brookfield Asset Management, through its private real estate fund, has sold a 50% stake in Bluegrass Business Park in Pune to 360 ONE Asset for an enterprise value of ₹2,400 crore. The 2 million square...
Neo Infra Income Opportunities Fund buys SolarArise in ₹1,400 cr deal
Neo Group’s flagship infrastructure fund, Neo Infra Income Opportunities Fund (NIIOF), has bought SolarArise India Projects Pvt. Ltd from the London Stock Exchange-listed ThomasLloyd Energy Impact Trust for an...
Nexstar to buy smaller rival Tegna for $3.54 billion in big local-TV deal
Nexstar Media has agreed to buy smaller rival Tegna for $3.54 billion, creating a local-TV powerhouse that seeks to compete better with Big Tech and national media for advertising dollars. Acquiring Tegna will expand...
Wind Blade Maker TPI Composites Files for Bankruptcy in Texas
Wind turbine blade manufacturer TPI Composites Inc. has filed for Chapter 11 to restructure its debt with support from lender Oaktree Capital Management. The company listed $500 million to $1 billion in estimated...
