Advertisements Financial services company Swiss-Asia Holding on Wednesday offloaded its entire 1.03 per cent stake in Aditya Birla Fashion and Retail (ABFRL) for Rs 207 crore through an open market transaction, according to media reports. Swiss-Asia through its affiliate Griffin… Read More ›
Advertisements According to media reports, private equity firm Fajr Capital is in talks to purchase a majority stake in Aster DM Healthcare’s Gulf division. Aster, which is based in the UAE and is publicly traded in Mumbai, initiated a sales process at… Read More ›
Advertisements The Shapoorji Pallonji Group on Tuesday announced the divestment of its entire shareholding in SP Jammu Udhampur Highway Ltd to the National Investment and Infrastructure Fund (NIIF) for USD 290 million (about Rs 2,200 crore). The group in a… Read More ›
Advertisements Uber Technologies on Wednesday sold its 7.8% stake in food delivery firm Zomato Ltd for $392 million via a block deal on local exchanges, two sources familiar with the matter told Reuters. The Zomato block deal was executed at… Read More ›
Advertisements Japanese giant Sony has closed the $3.6 billion acquisition of Bungie, the developer of Destiny and the original creator of the hugely popular Halo franchise. “The agreement to acquire Bungie has closed. So now we can officially say… welcome… Read More ›
Advertisements Omnichannel eyewear unicorn Lenskart on Thursday announced it has taken a majority stake in Japanese eyewear brand Owndays in a deal that is reportedly around $400 million. This will take the merged firm to reach 13 markets in Asia… Read More ›
Advertisements Saudi Arabia’s Public Investment Fund is in early talks with British luxury carmaker Aston Martin about taking a stake in the business that could be worth 200 million pounds ($243.5 million), the Financial Times reported on Thursday. Shares in… Read More ›
Advertisements Brazilian renewable energy company Omega Energia MEGA3.SA said on Monday that British private equity firm Actis LLP will acquire 10% of its capital stock for around 770 million reais ($147 million). Tarpon Investimentos, which holds a controlling stake in… Read More ›
Advertisements U.S. healthcare giant Pfizer has agreed to invest 90.5 million euros ($95.24 million) to buy an 8.1% percent stake in French vaccines company , as the companies announced developments in their partnership to tackle the Lyme disease. Pfizer will… Read More ›
Advertisements E-commerce logistics SaaS company Shiprocket has inked a deal to acquire a majority stake in its competitor e-commerce platform Pickrr for about USD 200 million (about Rs 1,560 crore) in a mix of cash and equity transaction, the firms… Read More ›
