October 20, 2021 09:56 PM IST
The companies have discussed a potential price of $70 per share, which would value Pinterest at around $39 billion, according to Bloomberg News.
- October 14, 2021 05:56 PM IST
The quarter also witnessed the highest number of IPO issues in over a decade with 18 issues amounting to $5bn. QIP’s ceded ground to IPOs in this quarter even as start-ups stole the show when it came to PE driven deals.
- October 14, 2021 07:50 AM IST
This strange battle for control is increasingly taking on the curious narrative of pitting the company’s management against its own shareholders
- October 12, 2021 04:00 PM IST
The acquisition is expected to expand Accenture's capabilities in data science, machine learning and AI-powered insights.
- September 27, 2021 01:14 PM IST
The average redemption rate during the third quarter was 52.4 per cent, according to data provider Dealogic, significantly up from the first three months of the year
- September 24, 2021 08:45 AM IST
Torrent Power is acquiring CESC's wind energy project subsidiary at 1.05 times the price to book value ratio
- September 23, 2021 05:56 PM IST
Zee Entertainment is the original pioneer of India's cable TV business with a well-diversified channel portfolio and its merger with Sony would create the biggest entity in the broadcasting space. Are you wondering whether to buy shares of Zee Entertainment following the sharp rally? Watch this video to find out if there is more upside to the stock.
- September 23, 2021 10:00 AM IST
Zee Entertainment is the original pioneer of India's cable TV business and its merger with Sony would create the biggest entity in the broadcasting space
- September 20, 2021 02:21 PM IST
Sanskritech's Swayam is a portable diagnostic and telemedicine point-of-care system that can be used to create a small lab anywhere. This will allow people to test for a wide range of diseases within a few minutes
- September 19, 2021 08:42 PM IST
This transaction will be Advent's fifth consumer buyout in India. The deal is also expected to help Shapoorji Pallonji Group (SPG) in significantly deleveraging its balance sheet.
- September 09, 2021 07:24 PM IST
Eureka Forbes is a subsidiary of listed parent Forbes & Company and the 150-year-old Shapoorji Pallonji group is keen to take advantage of the health, hygiene, and home improvement wave post-COVID-19, unlock value and reduce its debt through the proposed transaction.
- September 06, 2021 06:55 PM IST
With revenue of Rs 1,200 crore in the financial year 2021, Aragen provides outsourcing services for drug discovery, clinical trials, and manufacturing to over 450 clients globally, including many large biotech and pharmaceutical companies.
- September 06, 2021 09:52 AM IST
Exide acquisition will augment HDFC Life’s agency channel and widen its geographical presence
- September 01, 2021 10:56 AM IST
With PayU and BillDesk operating complementing businesses in India, the acquisition will help PayU address the gaps in its portfolio. For BillDesk founders, a seemingly expensive valuation is a great outcome given the stock markets would have valued them even higher.
- August 16, 2021 06:17 PM IST
The proposed acquisition will help Manjushree Technopak consolidate its position as a leader in the segment while reinforcing its technical strength.
- July 31, 2021 07:19 PM IST
Sourav Mallik, who has over 25 years of experience in investment banking and has advised on marquee transactions like Tech Mahindra’s acquisition of Satyam, believes that the Zomato market debut has confirmed that investors have the maturity to understand and appreciate new age companies. His top sectoral picks for deal activity include the digital ecosystem, healthcare, consumer, specialty chemicals and financial services
- July 28, 2021 09:16 AM IST
The acquisition makes V-Mart a pan-India value fashion retailer by giving it a presence in South India
- July 19, 2021 09:54 AM IST
With funds from Reliance Retail, Just Dial can expand its business, and transform itself into a transaction platform. Reliance Retail would gain access to customer database of Just Dial and could also launch a super app to provide bouquet of services.
- July 19, 2021 07:02 AM IST
Based in San Francisco and Bengaluru, Simplilearn is backed by Kalaari Capital, Helion Venture Partners and Mayfield Fund
- July 16, 2021 05:49 PM IST
In June this year, Veeda had received an equity investment of $16 million, led by private equity fund Sabre Partners and several HNIs.
- July 12, 2021 09:26 AM IST
"We would like to deny these messages as they are utterly false and malicious. The management continues to remain committed to the growth of the company,'' Granules statement said.
- July 08, 2021 01:10 PM IST
The high valuation is also perhaps a signal that the NBFC sector has left behind a torrid couple of years after the collapse of IL&FS
- June 29, 2021 08:04 AM IST
While in many transactions it may not be able to please all sections of investors and market participants, PNB Housing Finance and the board owe it to shareholders to conduct the entire process in a transparent manner in the quest to extract maximum value
- June 28, 2021 07:54 PM IST
In August 2018, a consortium of Samaara Capital and Xponentia Fund Partners purchased Spoton Logistics for around Rs 550 crores. PE firm India Equity Partners completely exited the firm with this deal. Recently another unicorn, namely Pharmeasy acquired a majority stake in listed diagnostics player Thyrocare for Rs 4,546 crores ahead of a proposed IPO.
- June 28, 2021 03:28 PM IST
Shapoorji Pallonji Group, the 150-year-old diversified conglomerate that owns Eureka Forbes, has interests in sectors ranging from construction and real estate to power and biotechnology. It is looking to ride the health, hygiene and home improvement wave on the back of Covid-19 .