The U.S. Federal Trade Commission urged a federal judge in New York to block Tapestry’s $8.5 billion merger with rival handbag maker Capri Holdings at a trial on Monday, arguing it will eliminate fierce head-to...
MNC Capital offers to acquire Vista for $2.5 billion in latest bid
Investment firm MNC Capital said on Saturday it has increased its all cash buyout offer for Vista Outdoor to $43 per share from $42 per share. The offer values Vista at $2.51 billion, a 12.30% premium over Vista’s...
Suzlon Energy acquires 51% stake in Renom Energy
Suzlon Energy on Friday announced that the company has completed the acquisition of 51 per cent of the equity share capital of Renom Energy, as of September 6. The company further informed that with the said...
Magic Johnson buys a stake in the NWSL’s Washington Spirit
Magic Johnson has bought an ownership stake in the National Women’s Soccer League’s Washington Spirit, the basketball great-turned entrepreneur’s latest addition to his professional sports team portfolio. The team...
Theobroma sale: Marquee private equity firms place binding bids
Private equity firms Bain Capital, Carlyle Group and Chrys Capital have submitted binding bids to acquire Theobroma Foods, two people aware of the development said, bringing the bakery chain’s sale process to the...
VTEX Acquires Weni to Enhance Its Composable and Complete Platform, Delivering Data-Driven, AI-Powered CX
VTEX (NYSE: VTEX), the composable and complete commerce platform trusted by 2,600 global enterprise brands and retailers, has acquired Weni, a leader in customer service solutions fueled by advanced AI. This acquisition...
YPF Eyes Sale of Lithium Unit as Focus Narrows on Shale Ramp-Up
Argentine state-run oil company YPF SA is considering a sale of its lithium unit as part of a sweeping divestment strategy to streamline investments into the heralded Vaca Muerta shale patch. Executives are mulling an...
IndiGo co-founder Rakesh Gangwal’s family trust sells stake in airline worth ₹9,549 crore
Rakesh Gangwal’s Chinkerpoo Family Trust sold a 5.24% stake in InterGlobe Aviation on Thursday, amounting to ₹9,549 crore through open market transactions. The trust divested over 2.02 crore shares of IndiGo...
Zomato completes acquisition of Paytm’s entertainment, ticketing business
Food delivery company Zomato has completed the acquisition of Paytm subsidiaries WEPL and OTPL for the entertainment ticketing business, the company said in its filing with the exchanges. On August 21, the Deepinder...
Dailyhunt parent VerSe Innovation buys majority stake in data provider Valueleaf
VerSe Innovation, the parent of news aggregator Dailyhunt and short-video sharing app Josh, has acquired a majority stake in Valueleaf Group, an India-focused digital marketing agency. Through this deal, VerSe aims to...
ChrysCap in advanced talks to acquire homegrown The Belgian Waffle Co
Private equity firm ChrysCapital is close to acquiring homegrown desserts chain The Belgian Waffle Co., three people aware of the development said, in a deal that values the nine-year-old company at ₹1,300 crore...
Adani Power gets NCLT nod to to acquire Lanco Amarkantak Power for ₹4,101 crore
Adani Power announced on Thursday that the Hyderabad bench of the National Company Law Tribunal (NCLT) has approved its plan to acquire Lanco Amarkantak Power Ltd (LAPL) with an upfront payment of ₹4,101 crore. LAPL is...
