Oyo snaps up US chain Motel 6 in $525 million all-cash deal, eyes overseas expansionOYO, the travel tech platform, is set to acquire American budget hotel chain Motel 6 and Studio 6 brands from Blackstone Real Estate for US...
21 Sep, 2024, 10.57 AM IST
Cisco beefs up cybersecurity play with $28 billion Splunk dealCisco's offer price of $157 per share in cash, represents a premium of about 31% to Splunk's closing price on Wednesday.
21 Sep, 2023, 05.46 PM IST
Blackstone agrees to pick up majority stake in R SystemsBlackstone will acquire shares from Satinder Singh Rekhi and other promoters, who together hold 52% in the company. Blackstone will pay Rs ...
18 Nov, 2022, 07.39 AM IST
R Systems hits upper circuit on Blackstone open offer to buy majority stakeBlackstone is buying the promoters' stake for Rs 245 per share, a premium of about 4% on the previous close price of Rs 235.8 per share. Th...
17 Nov, 2022, 10.50 AM IST
Twitter hires law firm to sue Elon Musk; Musk takes dig over tweetsTwitter hired US law firm Wachtell, Lipton, Rosen & Katz LLP to sue Elon Musk and force him to complete the $44-billion acquisition of the ...
11 Jul, 2022, 02.57 PM IST
KKR to invest Rs 5,550 crore in Reliance Retail for 1.28% stakeThe investment values Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore. This marks the second investment by KKR in a subsi...
23 Sep, 2020, 02.22 PM IST
RIL gains over 2% after KKR-Reliance Retail deal“This investment values Reliance Retail at a pre-money equity value of Rs 4.21 lakh crore. This marks the second investment by KKR in a sub...
23 Sep, 2020, 10.23 AM IST
KKR to buy 54% stake in JB Chemicals for Rs 3,100 croreThe stock has appreciated 60% in the past three months in anticipation of a transaction.
03 Jul, 2020, 01.37 PM IST
Jio Platforms to raise Rs 13,640 crore more from Mubadala, Silver LakeAn additional Rs 4546.80 cr takes the total investment by Silver Lake to over Rs 10,000 cr for a 2% stake.
06 Jun, 2020, 06.50 AM IST
KKR to invest Rs 11,367 crore in Jio Platforms for 2.32% stakePrivate equity firm KKR is set to invest the money in Jio Platforms for a 2.32% stake.
22 May, 2020, 07.07 PM IST
Dell to buy EMC for $67 billion in biggest technology acquisition everDell Inc will buy data storage company EMC Corp in a deal valued at about $67 billion, the largest on record in the technology sector.
12 Oct, 2015, 09.39 PM IST
Alibaba enters India's e-commerce space with 25% stake in Paytm owner One97Alibaba affiliate Ant Financial, said it had signed a deal to buy a 25% stake in Indian mobile payments platform Paytm owner One97 Communic...
06 Feb, 2015, 12.08 PM IST
China's AliPay opens account in India with 25% stake in One97The deal is Ant Financial’s first-ever investment into an Indian firm and highlights the potential growth of the country's digital sector.
05 Feb, 2015, 02.28 PM IST
- Treasury to start sale of Citi stake, exit bailout
The US Treasury Department may start selling its 7.7-billion Citigroup shares as soon as on Monday, in the biggest step since December to w...
27 Apr, 2010, 01.38 AM IST
- $44.6-bn not enough, Yahoo tells MS
Yahoo, owner of the second most-used internet search engine, rejected a $44.6 billion takeover offer from Microsoft as too low, setting up ...
12 Feb, 2008, 01.21 AM IST
- Blackstone to buy Virginia Performance Food for $1.2 bn
Blackstone Group, manager of the world’s biggest buyout fund, agreed to buy food distributor Performance Food Group in a transaction valued...
19 Jan, 2008, 12.00 AM IST
- Subprime crisis takes its toll on lawyers too
New York law firms are cutting associates for the first time since 2001 as the collapse of the subprime mortgage and credit markets causes ...
22 Nov, 2007, 03.53 AM IST