European buyout giant EQT AB struck a $7.5 billion cash and stock deal to buy rival private-equity firm Baring Private Equity Asia, a big bet on the growth of Asia’s private markets. The deal, announced Wednesday, will...
CCI approves acquisition of equity stake in Future Generali India by Generali
Fairtrade regulator CCI on Tuesday gave its go-ahead to Generali Participations Netherlands N.V. to increase its stake in Future Generali India Insurance Company Ltd to around 74 per cent. Generali Participations...
Amazon wins EU antitrust nod for $8.5 billion MGM acquisition
Amazon on Tuesday gained unconditional EU antitrust approval for its proposed $8.5 billion acquisition of US movie studio MGM, a move that will help it better compete with streaming rivals Netflix and Disney. The...
AMC to buy stake in gold-and-silver mining company Hycroft
AMC Entertainment Holdings Inc. is buying 22% of a Nevada-based miner of gold and silver, venturing away from its core movie-theater operations as it adapts to a post-Covid-19 world. AMC said in a statement it would...
Consortium including Elliott in advanced talks to buy Nielsen Holdings
A consortium of private-equity firms including Elliott Management Corp. is in advanced talks to buy TV-ratings company Nielsen Holdings PLC for about $15 billion including debt, according to people familiar with the...
Baroda AMC, BNP Paribas AMC merger takes effect
Baroda Asset Management India and BNP Paribas Asset Management India have merged to form Baroda BNP Paribas Mutual Fund with effect from 14 March. Bank of Baroda, the parent company of Baroda AMC, will hold 50.1% stake...
Rio Tinto offers $2.7 billion for remaining stake in Turquoise Hill
Rio Tinto PLC offered to pay roughly $2.7 billion to buy out minority shareholders in Turquoise Hill Resources Ltd., which controls a giant copper-mining operation in Mongolia, a bet on copper being in high demand. Rio...
Brookfield eyes significant stake in Mahindra Susten assets
Canada’s Brookfield Asset Management Inc. is looking to buy a substantial stake in Mahindra Susten, two people aware of the development said. Avendus Capital is running the sales process for the potential deal with an...
Tech Mahindra to acquire Thirdware Solutions in all-cash deal for $42 mn
IT Company Tech Mahindra will acquire 100% stake in Mumbai-based Thirdware Solutions Ltd in all-cash deal for $42 million, according to an exchange filing. The acquisition will bolster Tech Mahindra’s digital solutions...
Lighthouse invests ₹200 crore in FNP
Private equity firm Lighthouse has invested ₹200 crore in gifting platform Ferns N Petals, two people familiar with the deal said. “We are very excited to partner with Lighthouse and look forward to learning from their...
ICICI Bank to acquire 5% stake in NARCL
ICICI Bank on Friday announced that the private lender has signed an agreement on March 10, 2022 for investment in National Asset Reconstruction Company Limited (NARCL). NARCL is an asset reconstruction company, which...
Roundup owner Bayer divests pest-control unit in $2.6 billion deal
Bayer AG agreed to sell its pest-control unit to private-equity firm Cinven for $2.6 billion, as the German chemical and drug giant seeks to focus on its core agricultural portfolio and reduce debt. Environmental...
