Singapore-based private equity firm Venturi Partners Pte. Ltd has acquired a 5.12% stake in K12 Techno Services Pvt. Ltd from Navneet Education Ltd for ₹225 crore ($27 million), according to a joint statement from the...
After Aditya Birla, Piramal to merge with private arm
After the Aditya Birla group, it’s now Piramal’s turn. Piramal Enterprises Ltd has decided to merge with its unlisted subsidiary Piramal Capital and Housing Finance Ltd, becoming the second financial institution to...
Eyeing more buyouts, cyber startup Wiz raises $1 billion in private funds
U.S.-Israeli startup Wiz raised $1 billion in a private funding round that values the four-year-old cloud cyber security company at $12 billion, as it seeks to do more acquisitions. Wiz, which has raised $1.9 billion...
KKR wins bidding war to acquire medical devices firm Healthium
US private equity firm KKR & Co. has agreed to acquire Bengaluru-headquartered Healthium Medtech Ltd from UK private equity firm Apax Partners for an undisclosed sum. The acquisition will be made by a special...
KKR, Novo Nordisk, others bid for Healthium buy
Global private equity major KKR and pharma major Novo Nordisk have submitted final bids to acquire surgical sutures firm Healthium Medtech, three people with knowledge of the development said on condition of anonymity...
Temasek may bid for CVC’s 60% stake in Healthcare Global
Singapore’s Temasek Holdings may bid for CVC Capital Partners’ controlling stake in listed hospital chain Healthcare Global Enterprises Ltd, two people aware of the development said. Other potential...
Canarys Expands Global Presence with Strategic Acquisition in North America
Canarys Automations Limited (NSE – Canarys), a stalwart in the realm of digital transformation, embarks on an ambitious journey to broaden its horizons across continents. The company announces its strategic intent to...
Bandhan Bank: Outgoing MD & CEO Chandra Shekhar Ghosh considering stake sale in promoter group, says report
Bandhan Bank MD & CEO Chandra Shekhar Ghosh is reportedly considering options to monetise his holding in Bandhan Financial Services, moving towards a partial divestment in Bandhan Bank, the Hindu BusinessLine...
Reliance Capital lenders ask Hinduja Group arm IIHL to stick to resolution plan deadline, seek ₹9,650 crore
Lenders of debt-ridden Reliance Capital (RCAP) have asked the Hinduja Group arm IndusInd International Holdings Ltd (IIHL) to expedite the process of obtaining necessary regulatory approvals and stick to the resolution...
Shareholders of ICICI Securities lodge lawsuit with NCLT over delisting proposal: Report
A group of shareholders led by an investment manager based in Bengaluru has initiated proceedings with the National Company Law Tribunal concerning ICICI Bank’s proposal to remove its broking subsidiary, ICICI...
After Magzter, Dailyhunt parent to pursue acquisitions more aggressively
VerSe Innovation, the parent of news aggregator Dailyhunt and short-video sharing app Josh, is “acquisition hungry”, as it embarks on a journey to expand its user base, explore monetization opportunities...
M&A deal value soars 60% to $19.6 billion with net 455 in Q1FY25, PE dips slightly: PwC India
The overall merger and acquisition (M&A) deal value soared by 60 per cent to $19.6 billion in January-March 2024, while that of the private equity (PE) ones experienced a slight dip, according to a latest PwC India...
