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M&A

MTG acquires India-based PlaySimple; Chiratae, Elevation Capital exit

TMT

02 July, 2021

MTG acquires India-based PlaySimple; Chiratae, Elevation Capital exit

Sweden-based Modern Times Group ( MTG) said on Friday it has acquired Chiratae Ventures and Elevation Capital-backed Indian word...

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Stressed Assets Wrap: Big case resolutions gather steam

Finance

02 July, 2021

Stressed Assets Wrap: Big case resolutions gather steam

The last two months witnessed the resolution of some marquee stressed assets as well as many small ticket recoveries being ......

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Weekly Deals Wrap: Tech rules charts even as total transaction value falls

Finance

02 July, 2021

Weekly Deals Wrap: Tech rules charts even as total transaction value falls

The last week of June saw the total deal value fall almost 30% to $1.7 billion, with the technology sector ......

Edelweiss Group to exit insurance broking business by selling stake to US JV partner

Finance

02 July, 2021

Edelweiss Group to exit insurance broking business by selling stake to US JV partner

Edelweiss Group, a financial services entity, on Friday said it will exit its insurance broking business with the divestment of...

Asia M&A bonanza fuelled by Southeast Asia, private equity deals

Finance

02 July, 2021

Asia M&A bonanza fuelled by Southeast Asia, private equity deals

Asian merger and acquisition activity surged to its second-highest level ever for a first half as Southeast Asian and private-equity...

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M&A deal volumes spike but IPOs fetch better value

Finance

01 July, 2021

M&A deal volumes spike but IPOs fetch better value

Despite the pandemic, M&A deal volumes spiked in the first half of this year as compared to the same period ......

France's Assystem buys engineering firm STUP Consultants

TMT

01 July, 2021

France's Assystem buys engineering firm STUP Consultants

French engineering service provider Assystem SA said it has acquired Mumbai-based engineering project delivery firm STUP Consultants...

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Jet Airways lenders to take 9.5% stake, massive haircut

Infrastructure

01 July, 2021

Jet Airways lenders to take 9.5% stake, massive haircut

The final winning bidder consortium of Dubai-based businessman Murari Lal Jalan and German investor Florian Fritsch will acquire...

Dealmakers drown in deals in second-quarter M&A frenzy

Finance

01 July, 2021

Dealmakers drown in deals in second-quarter M&A frenzy

Global mergers and acquisitions (M&A) activity broke records for a second consecutive quarter this year as companies continued...

Market-bound Zomato seeks CCI nod to invest in Grofers

TMT

30 June, 2021

Market-bound Zomato seeks CCI nod to invest in Grofers

Food delivery service Zomato on Wednesday filed a proposal with the Competition Commission of India to acquire a 9.3% stake ......

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