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Dubai-based Invictus set to acquire African flour mill business

Consumer

23 October, 2024

Dubai-based Invictus set to acquire African flour mill business

The Abu Dhabi Stock Exchange (ADX)-listed agro food enterprise Invictus Investment Company is set to acquire a leading flour mill ......

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Moroccan conglomerate H&S Invest-owned BLS acquires transport firm

Infrastructure

23 October, 2024

Moroccan conglomerate H&S Invest-owned BLS acquires transport firm

Building Logistics Services (BLS), the logistics services arm of Moroccan family-owned conglomerate H&S Invest Holding, has fully acquired a prominent ......

Allianz considering exiting insurance JVs with Bajaj Finserv

Finance

22 October, 2024

Allianz considering exiting insurance JVs with Bajaj Finserv

India's Bajaj Finserv said on Tuesday that Allianz SE is considering exiting its life and general insurance joint ventures with the Bajaj Group, potentially ending a decades-old ......

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French PE Amethis part-finances portfolio firm's acquisition in Morocco

Infrastructure

22 October, 2024

French PE Amethis part-finances portfolio firm's acquisition in Morocco

Amethis, a French private equity firm that backs mid-sized businesses in Africa and Europe, has part-financed the acquisition of a ......

Adani-owned Ambuja Cements to acquire Orient Cement

Manufacturing

22 October, 2024

Adani-owned Ambuja Cements to acquire Orient Cement

Adani Group company Ambuja Cements said Tuesday it has agreed to acquire CK Birla group company Orient Cement Ltd (OCL) ......

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JSW Neo Energy ramps up wind power portfolio with $75 mn deal

Infrastructure

21 October, 2024

JSW Neo Energy ramps up wind power portfolio with $75 mn deal

JSW Neo Energy Ltd, the green energy arm of the billionaire Sajjan Jindal-led JSW Group, is set to add 125 ......

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How Poonawalla booked a premium ticket to Karan Johar's firm despite sharp income skid

TMT

21 October, 2024

How Poonawalla booked a premium ticket to Karan Johar's firm despite sharp income skid

Pune-based tycoon and head of Covishield vaccine maker, Serum Institute of India, Adar Poonawalla signed an agreement Monday to pick ......

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Deals Digest: Funding momentum picks up on larger deal sizes, better volume

General

18 October, 2024

Deals Digest: Funding momentum picks up on larger deal sizes, better volume

Private equity and venture capital funding activity picked up significantly this week from the previous five-day period, thanks to a few ......

JSW teams up with Japan's JFE to acquire Thyssenkrupp's India arm

Manufacturing

18 October, 2024

JSW teams up with Japan's JFE to acquire Thyssenkrupp's India arm

Billionaire Sajjan Jindal-led JSW Steel Ltd said Friday it has formed a joint venture with Japan's JFE Steel Corporation to ......

Temasek's Fullerton to acquire controlling stake in Lendingkart

Finance

18 October, 2024

Temasek's Fullerton to acquire controlling stake in Lendingkart

Fullerton Financial Holdings (FFH), which is owned by Singapore state investment firm Temasek, is increasing its stake in micro, small ......