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DSP Group To Buy 40% Stake In BlackRock through JV
The DSP Group and BlackRock had entered into the joint venture in 2008. Then, as now, DSP owned 60% stake..
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Fortis Adds Arpwood Capital as second financial advisor For fortis deal
Arpwood is expected to provide its independent opinion on present or future offers received from bidders for a potential "significant"..
GIC to acquire $150-mn stake in Godrej Properties in a rare deal
Godrej Properties will raise a tad more than Rs 1,000 crore ($150 million) by issuing preferential shares to Ganmat Pte..
Ebix To Buy Majority Stake In SmartClass Educational
The Smartclass Educational deal is strategic because it has a strong sales and distribution team of over 500 people, something..
Canadian Technology Firm Resson Aerospace To Sell 10% Stake to M&M
M&M will acquire up to 800,402 Class C preferred shares of Resson Aerospace, which translates into 10% of the company’s..
Munjal-Burmans Seek level playing field in Fortis Acquisition deal
Munjal-Burmans have welcomed the move by the Fortis and hoped that the FHL board will repose their confidence in their..
BlackRock bids For acquisition of DSP’s stake in Joint Venture
BlackRock holds a 40% stake while Hemendra Kothari-led DSP Group owns 60% in the JV, which also manages DSP BlackRock..
Google's Parent Alphabet may pick minority stake in Flipkart
Walmart is looking to buy an 85-86% stake in Flipkart through a mix of primary and secondary investments...
Cyient buys semiconductor company AnSem For $17 Mn
Cyient’s consolidated net sales stood at Rs 3,917.5 crore and net profit was Rs 403.1 crore for the financial year..
Renuka Ramnath exits Fortis advising committee on M&A Deals
An advisory panel set up by the Fortis board was scheduled to meet on Wednesday to evaluate multiple bids...
Tata Industries sells e-learning unit to digital publishing firm MPS
The transaction is expected to be completed by June 30 once certain customary conditions are met and Tata Industries’ shareholders..
KKR-backed Radiant also revises offer for Fortis after IHH bid
Radiant, which is backed by private equity firm KKR, made its offer last week to buy more than a quarter..