Morgan Stanley’s middle-market buyout arm is exploring a sale of Sila Services that could value the residential services company at about $1.5 billion, including debt, people familiar with the matter said on...
UK clears Amazon’s AI partnership with Anthropic
Britain’s competition regulator said on Friday Amazon’s artificial intelligence partnership with startup Anthropic will not be referred for a deeper probe as it did not fall under its jurisdiction. The...
UK’s LTG set to recommend $1.06 bln takeover bid from General Atlantic
London-based Learning Technologies Group (LTG) is set to agree to a 792 million pounds ($1.06 billion) takeover bid by U.S. private equity firm General Atlantic if a formal offer is made, the corporate education group...
NCLAT gives go-ahead to IECCL resolution
The NCLAT on Thursday gave a go-ahead to the insolvency resolution of IL&FS Engineering and Construction Company Limited (IECCL) and delinked it with the other listed loss-making companies of debt-ridden IL&FS...
TPG buys minority stake in wealth manager Homrich Berg
Private equity firm TPG has agreed to buy a minority stake in Homrich Berg, an investment that would allow the wealth management firm to pursue growth opportunities, the companies said on Thursday. No financial terms...
Australia’s REA sweetens takeover bid for Britain’s Rightmove to $8.29 bln
Australia’s REA Group, owned by Rupert Murdoch controlled News Corp, bumped up its takeover bid for Rightmove to 6.2 billion pounds ($8.29 billion) on Friday after the UK firm rejected three of its previous offers...
Macquarie, pension funds to sell 74% co-owned stake in Queensland Airports to KKR consortium
Macquarie said on Thursday its infrastructure fund and other pension funds will sell a co-owned 74.25% combined stake in Queensland Airports Ltd to a consortium comprising global investment firm KKR and Skip Essential...
TVS Holdings, 2 others get CCI’s clearance to acquire stakes in Home Credit India Fin
The Competition Commission of India (CCI) on Tuesday approved the proposed acquisition of stakes in Home Credit India Finance by TVS Holdings, STPL, Premji Invest Group as well as other related transactions. The deal...
Board of Zaggle approves acquisition of majority stake in Span Across
At meeting held on 25 September 2024 The Board of Zaggle Prepaid Ocean Services at its meeting held on 25 September 2024 has approved the acquisition of 10,66,314 equity shares of face value of Rs. 10/- each at a price...
HomeLane to acquire Design Café, raises ₹225 crore from Hero Enterprise, WestBridge and others
Interior décor solutions provider HomeLane is set to acquire its smaller rival Design Café in a share swap transaction for an undisclosed sum, while securing ₹225 crore in fresh funding from investors including Hero...
Whatfix secures funding from Warburg Pincus, SoftBank at $900 million valuation; eyes IPO in two years
Whatfix, a business-to-business digital adoption platform, is on track to achieve profitability within the next six months as it prepares for a possible public listing in two years, its co-founder and chief executive...
Australia’s Platinum Asset Management rejects Regal Partners’ $420 mln takeover offer
Australia’s Platinum Asset Management on Thursday rejected a non-binding takeover offer from Regal Partners, which valued the fund manager at about A$616.5 million ($420.76 million). The bid, announced on Sept...
