February 16, 2017 | Reuters
Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc's (YHOO.O) core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, according to a source briefed on the matter.
February 16, 2017 | TEAM VCC
Investments in Indian startups are likely to rise in 2017 from last year while payment wallets will be the next big opportunity for mergers and acquisitions (M&A), said Nita Kapoor, head, India – new ventures, News Corp, at the News Corp VCCircle Startup Summit 2017 in Mumbai on Thursday.
February 16, 2017 | Debjyoti Roy
Asian Paints Ltd, the country’s largest paints company by revenue, said on Thursday it has agreed to acquire Sri Lanka’s Causeway Paints Lanka (Pvt) Ltd to expand its overseas business.
February 15, 2017 | TEAM VCC
The Union Cabinet on Wednesday approved the merger of State Bank of India (SBI) with its five associate banks but did not take a decision with regard to Bharatiya Mahila Bank.
February 15, 2017 | Debjyoti Roy
Venture capital and growth stage investor SAIF Partners is looking to sell its entire stake in a Bengaluru-based quick service restaurant (QSR) chain, a person privy to the development told VCCircle.
February 15, 2017 | Reuters
BofA Merrill Lynch, UBS (UBSG.S) and Standard Chartered (STAN.L) are among banks scrambling to win advisory roles in a potential merger involving Vodafone (VOD.L) in India, sources said, as they chase a rare big deals-related payday in the country.
February 15, 2017 | Reuters
Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund.
February 14, 2017 | Ranjani Raghavan
Jabil Circuit India Pvt Ltd, the local unit of New York-listed Jabil Circuits Inc, has proposed to acquire a part of the electronic manufacturing services business of Ericsson India Pvt. Ltd.
February 14, 2017 | Arti Singh
Bigtree Entertainment Pvt Ltd-owned BookMyShow has acquired 75% stake in Pune-based DIY (Do-it-Yourself) event registration and ticketing platform Townscript for an undisclosed amount.
February 14, 2017 | Binu Paul
Pune-based Sminq India Solutions Pvt. Ltd, which runs queue management app Sminq, has acquired Codepandora, a UX-focused software service provider, in a cash-and-equity deal.
February 14, 2017 | Shruti Jain
Infibeam Incorporation Ltd has entered into a pact to merge CCAvenue with itself in a deal that is expected to value the payment gateway firm at Rs 2,000 crore ($298 million).
February 14, 2017 | Reuters
Technology whizzes who helped Goldman Sachs eliminate hundreds of trading jobs over the past few years are venturing into the bank's flagship M&A business, making some junior bankers uneasy.
February 14, 2017 | Rounak Kumar Gunjan
ReNew Power Ventures Pvt. Ltd is raising $200 million by selling a 10% stake to Japan’s JERA Co. Inc., as the renewable energy company continues to attract global investors to execute its expansion plans.
February 14, 2017 | Bruhadeeswaran R & Swet Sarika
Religare Enterprises Ltd is in an advanced stage of talks with a Mumbai-based financial services firm to sell its wealth management business, two persons privy to the development told VCCircle.
February 13, 2017 | Ranjani Raghavan
Lloyd Electric & Engineering Ltd, a Delhi-based industrial machinery and consumer electronics maker, is in late-stage talks to sell its consumer durables business in what could be the biggest deal in the sector in over a decade, three persons briefed on the development told VCCircle.
February 13, 2017 | Bruhadeeswaran R
Reliance Nippon Life Insurance Company Ltd is looking to acquire a peer as part of its strategy to expand its distribution network, a top executive said on Monday.
February 13, 2017 | Reuters
Investors expecting a deal this year in Tata Steel's talks to merge its European assets with Germany's Thyssenkrupp risk disappointment, given complications associated with the Indian-owned firm's British pension scheme.
February 13, 2017 | Arti Singh
United Arab Emirates-based payments solutions provider OMA Emirates has acquired Mumbai-based MobiSwipe Technologies Pvt. Ltd for an undisclosed sum as it looks to broaden its overall portfolio in the Middle East, Eastern Europe and APAC regions, the company said in a statement on Monday.
February 11, 2017 | TEAM VCC
CK Birla group firm Hindustan Motors Ltd has signed a pact to sell its iconic Ambassador brand to French carmaker Peugeot SA for Rs 80 crore ($12 million), the Indian company said on Friday.
February 10, 2017 | Bruhadeeswaran R
Japan’s Toppan Printing Co Ltd will pick up a 49% stake in Max Ventures and Industries Ltd’s speciality packaging films unit for about Rs 200 crore ($30 million), the Indian company said on Friday.