stake

The Adani group and Singapore’s Wilmar International are learnt to have approached several private equity (PE) firms to sell part of their stake in their consumer-staple joint venture, Adani Wilmar.   Top executives of…

Israeli hospitality company Selina (Nasdaq: SLNA), which listed on Wall mStreet at the end of 2022 with a market cap of $1.2 billion, through a SPAC merger, currently has a negligible market cap of just $21 million,…

By MARK SHERMAN - Associated Press WASHINGTON (AP) — The Supreme Court on Monday wrestled with a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Qatar’s sovereign wealth fund is slashing its stake in Barclays, the UK bank that is coming under pressure from…

In a proposed restructuring of equity holdings, 18 per cent of the equity stake in India-listed Siemens is likely to change hands between promoter companies – Siemens AG and Siemens Energy, with the former to pay the latter €2.1…

Non-bank lender Bajaj Finance is acquiring 26% equity stake in Hyderabad-based fintech solutions provider Pennant Technologies for ₹267.50 crore.It is aimed at strengthening the company’s technology roadmap, Bajaj Finance said in a filing…

Shares of Jio Financial Services were trading at Rs 239.20 apiece, down 4.99 per cent, hitting the lower circuit limit for the second straight session on the BSE. Life Insurance Corporation (LIC) on Tuesday said it has acquired 6.66…

By Hema Parmar   Walmart Inc. paid $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on the Indian retailer and helping the money manager provide distributions to investors at…

Qatar's sovereign wealth fund is in early discussions to buy a minority stake in billionaire Mukesh Ambani's rapidly expanding retail unit for about USD 1 billion (Rs 8,200 crore), sources said.  The Qatar Investment…

Heineken Beverages South Africa on Wednesday confirmed that its almost 5 000 employees will jointly own a stake in the company through an employee share ownership plan called Bokamoso. The empowerment scheme, which was one of the…