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MOLSON COORS MAJORITY STAKE ZOA
In 2021, Dwayne Johnson co-founded ZOA Energy; by 2024, Molson Coors had spent $53 million to raise its stake to 51%Dwayne Johnson's ZOA Energy was recently acquired by Molson Coors Beverage Company, giving them majority control of the brand. This strateg...- Dixon Technologies signs JV pact with Gemtek to manufacture optical transceiversDixon Technologies India Ltd has entered a joint venture with Gemtek Technology Co to produce telecom products. This joint venture, named D...
- NHC Foods' arm Conquer Enterprises to acquire Singapore's DNR VenturesNHC Foods Limited has announced that its foreign subsidiary, Conquer Enterprises, will acquire a significant 75 percent equity in DNR Ventu...
- In 2015, Jay-Z paid roughly $56 million for TIDAL’s parent company; six years later, Jack Dorsey’s Square paid $297 million for a majority ownership stakeIn 2015, Jay-Z took a bold step by acquiring TIDAL with a vision to create a music streaming platform driven by artists. Fast forward to 20...
- Mid-sized restaurants hungry for funds as investors stay awayMid-sized organized restaurant chains face financing challenges. Investors are being more cautious, focusing on sustainable profits and uni...
- DFM Foods sale: EQT, Emami, Balaji Wafers join ITC, TPG for Crax maker buy-outEQT Partners, Emami and Balaji Wafers have joined ITC, TPG and ChrysCapital in the race to acquire Crax maker DFM Foods, as Advent Internat...
- Tata Sons mulling legal view on Trusts offer, not seen as a Trusts resolution to be consideredTata Sons board has not yet formally met to consider the restructuring proposal from Tata Trusts. The proposal aims to avoid the mandatory ...
- Seven Tata Trusts file slew of caveats with Maharashtra Charity ChiefSeven trusts under Tata Trusts have filed caveats to be heard ahead of any orders by the Maharashtra Charity Commissioner. Venu Srinivasan ...
- John Distilleries surpasses Rs 10,000 crore revenue in FY26; Sazerac become majority shareholderIn FY26, John Distilleries Ltd demonstrated remarkable growth, achieving a revenue of Rs 10,820.10 crore and a net profit of Rs 11.6 crore,...
- 'Reckless' AI firms can't control models, says whistleblowerLeading artificial intelligence companies do not know how to keep AI systems from pursuing objectives their developers did not assign, whis...
- KKR-owned Healthium, Temasek-backed Romsons in race to buy 70-80% stake in BL LifesciencesKKR-owned Healthium Medtech and Romsons Group are reportedly competing to acquire a significant stake in BL Lifesciences. The company is ex...
- Snapdeal parent AceVector lists at 12% discountAceVector'sRs 420 crore IPOcomprised Rs 287 crore in fresh capital and a Rs 133 crore offer-for-sale (OFS) component in which investors, in...
- Menlo Ventures on AI slowdown; Ola Electric CEO pledges stakeHappy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This an...
- Charlie Munger backed Costco for decades and was its second-largest shareholder; Berkshire sold 4.3 million shares for $1.3 billion in 2020 - here’s what the stake would be worth nowCharlie Munger was a longtime Costco supporter and became the retailer’s second-largest shareholder. Berkshire Hathaway later sold 4.3 mill...
- Memory, not processors, remains Europe's supercomputing weakness, Bull CEO saysBull, a French supercomputer maker, reports an increase in local sourcing of its components to 70%. Despite the progress in sourcing, memor...
- Anushka Sharma-backed Slurrp Farm explores fresh fundraise as existing investors eye exitSlurrp Farm is currently exploring new fundraising opportunities as existing investors consider exiting their holdings. The company aims to...
- Temasek comfortable with current AI spending levels, executive saysSingapore's Temasek is not worried about the massive levels of spending from hyperscalers powering the AI buildout, its executive said on T...
- ChrysCapital to take minority stake in Linux laboratoriesLinux Laboratories has secured $70 million in equity funding from ChrysCapital and Tata Capital Healthcare Fund III. This investment involv...
- Axiscades Technologies rises 5% as Sunil Singhania's Abakkus buys 3.03% stakeAxiscades Technologies shares rose on Wednesday after Abakkus Asset Manager bought a 3.03% stake for around Rs 235 crore through a block de...
- Advent International seeks CCI green channel clearances for Yatharth Hospital stake buyAdvent International's Rasmalai Limited has sought Competition Comission of India's (CCI) approval to acquire a stake in Yatharth Hospitals...
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