acquisition

Bank

Warburg Pincus Acquires Majority Stake in Vistaar Finance for $250 Million

Nidhi Mishra - May 30, 2023

Global private equity firm Warburg Pincus has completed the acquisition of a majority stake in Vistaar Finance for a reported sum of $250 million....

Bank

Oil India Engages in Talks with Tullow Oil for Acquisition of Kenya Block Stake, Says Chairman

Nidhi Mishra - May 25, 2023

Oil India, the prominent Indian oil and gas exploration company, has initiated discussions with Tullow Oil, a leading independent oil and gas exploration company,...

Bank

GQG’s Jain Bolsters Adani Stock Holdings, Plans Further Expansion

Nidhi Mishra - May 23, 2023

Prominent investment firm GQG Partners, led by its renowned investor Rajiv Jain, has significantly increased its stake in Adani stocks by 10%, boosting its...

Business

Blackstone Acquires International Gemological Institute at $570 Million Valuation

Nidhi Mishra - May 21, 2023

Blackstone, a leading global investment firm, has completed the acquisition of the International Gemological Institute (IGI) at a valuation of $570 million. The acquisition...

Bank

Infogain Plans Aggressive Expansion, Envisions Acquisition for Enhanced Capabilities

Nidhi Mishra - May 21, 2023

Infogain, a global provider of digital transformation and software engineering services, has announced its ambitious plan to hire over 1,000 professionals as part of...

Bank

Reliance Retail, Adani Group no longer bidding for Future Retail.

Nidhi Mishra - May 17, 2023

Reliance Retail and Adani Group have reportedly withdrawn their bids for the acquisition of Future Retail, signaling a significant development in the ongoing battle...

Misc

JPMorgan and PNC among bidders for First Republic in FDIC takeover

Nidhi Mishra - April 29, 2023

JPMorgan and PNC Bank are reportedly bidding for First Republic Bank, which is being sold by the Federal Deposit Insurance Corporation (FDIC). The acquisition...