Aon Plc said on Monday it would buy Willis Towers Watson Plc for nearly $30 billion, in an all-stock deal which will make it the world’s biggest insurance broker and give it more pricing power, but also attract...
Tesco clinches $10-billion Asian sale to Thai billionaire
Tesco agreed to sell its Asian businesses to Thai billionaire Dhanin Chearavanont for more than $10 billion, clinching a record deal in Thailand even as the coronavirus outbreak damps enthusiasm for mergers and...
Agritech startup Clover raises $5.5 mn from Omnivore, Accel
Greenhouse agritech startup Clover has raised over $5.5 million in a Series A funding round, from venture capital (VC) firm Omnivore and existing investors Accel and Mayfield. Clover is an agritech platform that works...
GGV Capital invests in Vedantu
Interactive online tutoring platform Vedantu on Thursday said it has raised $24 million as part of a Series C extension round. The funding round was led by global venture capital firm GGV Capital with participation from...
Home rental startup Nestaway buys ApnaComplex
Home rental startup NestAway Technologies Pvt. Ltd Thursday said it has acquired apartment management platform ApnaComplex to expand its property management business. The company did not disclose financial details of...
Max Estates forms JV with New York Life for Noida realty project
Max Estates, the wholly owned subsidiary of Max Ventures and Industries, has formed a 51:49 joint venture with New York Life Insurance, the largest mutual life Insurance company in the United States, to develop a...
Warner Bros eyes India’s retail entertainment space
Warner Bros is vying for a piece of India’s growing retail entertainment industry. Warner Bros is vying for a piece of India’s growing retail entertainment industry. Warner Bros is scouting for around 20,000...
Goldman Sachs invests in realtor Vatika Group
US banking giant Goldman Sachs has invested Rs 610 crore in Gurgaon-based realty developer Vatika Group in a part equity part debt deal, according to Vatika Group’s managing director, Gaurav Bhalla. Of this, Rs...
Brazil’s Boticario eyes cosmetics acquisitions at home and abroad -CEO
Brazilian cosmetics company Grupo Boticario is considering domestic and foreign acquisitions as industry competition intensifies, its chief executive said on Thursday. The company is a major rival to Brazil’s Natura...
Spanish competition watchdog gives preliminary approval to BME-SIX merger
Spain’s competition watchdog on Thursday gave a preliminary green light to Swiss exchange operator SIX’s 2.84 billion euro ($3.1 billion) offer for Madrid bourse BME to go ahead. After SIX made its friendly offer in...
Woodside holds on to stake in Senegal oil field as FAR challenge fails
ConocoPhillips’ (COP.N) sale of a stake in a $4.2 billion Senegal oil and gas project to Woodside Petroleum (WPL.AX) has been cleared by an international tribunal, resolving a long-running challenge by Australian...
Power companies feel divestment may increase cost of borrowings
NTPC Ltd, Power Grid Corporation of India (PGCIL) and Power Finance Corporation (PFC) have conveyed their concerns on the government’s proposal to reduce stake to below 51%. The companies have told the ministry of power...
