Cyient Semiconductors on Wednesday announced the acquisition of a majority stake in Kinetic Technologies for up to $93 million. This strategic move is aimed at strengthening Cyient’s presence in the custom power...
Warner Bros Discovery rejects Paramount’s hostile takeover bid, calls merger with Netflix ‘superior’
Warner Bros Discovery on Wednesday, 17 December, rejected a hostile takeover bid from Paramount, launched last week, which was aimed at derailing plans by streaming giant Netflix to acquire the Hollywood studio and...
Wingify turns to acquisitions to fuel growth after Everstone deal
Digital experience optimization startup Wingify is increasingly turning to acquisitions to drive its next phase of growth. The move, aimed at chasing enterprise customers, signals a strategic shift following private...
ServiceNow in advanced talks to acquire cybersecurity startup Armis for upto $7 billion, says report
After Alphabet and Palo Alto Networks each acquired cybersecurity firms, tech company ServiceNow Inc., is in advanced talks to buy Armis, and Israeli military veterans-run cybersecurity startup for up to $7 billion...
NCLT dismisses RCom plea seeking ₹325-crore refund from Ericsson
The Mumbai bench of the National Company Law Tribunal (NCLT) on Wednesday dismissed Reliance Communications Ltd’s (RCom’s) plea seeking a refund of nearly ₹325 crore from Swedish telecom equipment maker Ericsson...
Mexico Nears Approval of Billionaire’s Bid for Banamex Stake
Mexican financial authorities are close to approving an offer by billionaire Fernando Chico Pardo to buy a 25% stake in Citigroup Inc.’s Mexican retail-banking unit, Banamex, paving the way to list the business as soon...
KKR buys out Avendus’ Vohra at ₹11,500 cr valuation, paves the way for full sale
Global private equity firm KKR has bought out Ranu Vohra, the cofounder of Avendus Capital, clearing up the way for a deal to sell the financial services firm. The deal to buy out the 6% stake held by Vohra values the...
India to see increased momentum in cross-border deals and IPOs in 2026: JP Morgan
India is expected to see heightened momentum on cross-border mergers and acquisitions (M&A) and initial public offerings (IPOs) through 2026 as companies worldwide look to monetise their stakes and take advantage of...
Adani submits ₹15,000-crore plan for Jaiprakash Associates for NCLT’s approval
Billionaire Gautam Adani–promoted Adani Enterprises Ltd on Monday submitted its resolution plan of over ₹15,000 crore for bankrupt Jaiprakash Associates Ltd (JAL) before the Allahabad Bench of the National Company Law...
Will the Netflix-Warner Bros. merger go through?
Warner Bros. Discovery announced on Friday that it intends to sell its major assets to Netflix. If the $72 billion cash-and-stocks transaction goes through, Netflix will gain control of Warner Bros. Pictures, DC...
Owner of NYC’s Fordham Landing Housing Project Files Bankruptcy
The owner of Fordham Landing, a major housing development in the Bronx that’s attracted state investment, has filed bankruptcy to halt a foreclosure sale. Dynamic Star LLC and related corporate entities that own equity...
Udaan in talks to sell minority stake in its NBFC arm
Udaan has initiated a process to sell a minority stake in its non-banking financial entity as the business-to-business (B2B) e-commerce platform looks to monetize assets while navigating a broader restructuring...
