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M&A

Abu Dhabi's Islamic Bank in talks to acquire stake in leading Indonesian lender

Finance

18 April, 2024

Abu Dhabi's Islamic Bank in talks to acquire stake in leading Indonesian lender

Abu Dhabi's largest Islamic bank is in talks to buy a minority stake valued at around $1.1 billion in Indonesia'......

Dialog Axiata to buy Bharti Airtel's telecom operations in Sri Lanka

TMT

18 April, 2024

Dialog Axiata to buy Bharti Airtel's telecom operations in Sri Lanka

Sri Lankan telecom operator Dialog Axiata has signed a definitive agreement to buy Bharti Airtel's operations in the......

DailyHunt parent acquires Magzter to launch subscription model

TMT

18 April, 2024

DailyHunt parent acquires Magzter to launch subscription model

VerSe Innovation, the parent company of news aggregating platform DailyHunt, said Thursday it has acquired Magzter, a ......

Gautam Adani, family raise stake in Ambuja Cements to 70%

Manufacturing

17 April, 2024

Gautam Adani, family raise stake in Ambuja Cements to 70%

Indian billionaire Gautam Adani's family raised its stake in Ambuja Cements to 70.3% from 66.7% with a 83.39 billion......

Zee withdraws Sony merger application with national company tribunal

TMT

16 April, 2024

Zee withdraws Sony merger application with national company tribunal

Zee Entertainment Enterprises said on Tuesday it was withdrawing an application filed with an Indian company tribunal ......

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BanyanTree makes a quick exit to extend monetisation spree

Healthcare

16 April, 2024

BanyanTree makes a quick exit to extend monetisation spree

Private equity firm BanyanTree has stitched a deal to harvest its investment in a company it backed less than three ......

Jio Financial forms JV with BlackRock for wealth management, broking businesses

Finance

15 April, 2024

Jio Financial forms JV with BlackRock for wealth management, broking businesses

India's Jio Financial Services has entered into a joint venture with U.S.-based BlackRock Inc to set up a wealth ......

I Squared Capital's India city gas platform gets $370 mn from Japanese consortium

Infrastructure

15 April, 2024

I Squared Capital's India city gas platform gets $370 mn from Japanese consortium

A consortium of investors led by Japan’s Sumitomo Corporation is set to invest $370 million for a minority stake in ......

Naxnova snaps up Austria's Advanced Thermal Technologies

Manufacturing

12 April, 2024

Naxnova snaps up Austria's Advanced Thermal Technologies

In its second acquisition in as many months, Astarc Group’s flagship company Naxnova, earlier known as Classic ......

UAE's ADNOC recently eyed BP as takeover target

Manufacturing

12 April, 2024

UAE's ADNOC recently eyed BP as takeover target

The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations ......

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