M&A
Finance
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'......
TMT
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......
TMT
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 ......
Manufacturing
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......
TMT
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 ......
Healthcare
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 ......
Finance
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 ......
Infrastructure
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 ......
Manufacturing
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 ......
Manufacturing
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 ......