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EQUITY STAKE DEAL
Mahindra to sell majority stake in aerospace subsidiary to Brazil's Embraer for Rs 5,100 croreMahindra & Mahindra Ltd has entered into an agreement with Embraer SA for selling a 51% stake in Novavaayu Aerospace Ltd. The total conside...
Former tennis star James Blake helped launch a pickleball team with a $100,000 investment; two years later, co-owner Marc Lasry estimated the franchise could be worth millionsJames Blake and Marc Lasry's foray into Major League Pickleball started with a $100,000 investment in 2021. Over the last two years, their ...
In 2012, Peyton Manning bought into 31 Denver-area Papa John’s restaurants; six years later, he sold his stakes two days before the NFL ended its sponsorship dealPeyton Manning divested from his 31 Papa John's franchises in Denver in February 2018, shortly after the NFL ended its partnership with the...
Anthem Biosciences block deal: Portsmouth Technologies sells 30 lakh shares worth Rs 250 crorePortsmouth Technologies LLC executed a block deal selling 30 lakh shares of Anthem Biosciences on October 9. The shares were sold at Rs 833...
Global Market: European stocks rebound as oil prices ease; telecom shares slide on SpaceX dealEuropean shares rebound as easing oil prices and retreating bond yields support sentiment amid hopes of reduced Middle East tensions. Telec...
Global Market: Maas Group shares plunge 11% after Nvidia-backed Firmus scraps $5 billion IPOMaas Group shares plunged nearly 11% after Nvidia-backed Firmus withdrew its planned $5 billion IPO, raising valuation concerns. Despite th...
In 1977, US couple swapped apartment building, transferred property to a partnership the same day: Why a court told IRS their tax break staysThe US Court of Appeals for the Ninth Circuit upheld the decision in favour of Norman J. and Beverly G. Magneson in February 1985, rejectin...
LeBron James' Net Worth: From basketball court to investment 'Slam Dunk' - How NBA legend built his $1.4 billion fortuneLegendary basketball player LeBron James has earned in excess of $580 million in NBA salaries during his career. The reason why James stand...
ITC shares slide 3% on block deal buzz; FMCG giant down 29% in 2026ITC shares witnessed a drop on Thursday amid reports of likely block deals, with nearly 39 crore shares changing hands across the NSE and B...
50 Cent took Vitaminwater equity rather than just an endorsement check; when Coca-Cola bought Glacéau for $4.1 billion in 2007, Forbes says he made $100 millionIn a bold move, 50 Cent opted for equity over cash when he partnered with the relatively obscure beverage company, Glacéau. After a success...
In 2022, Kevin Hart merged two businesses into HARTBEAT; a $100 million minority investment valued the new media company at about $650 millionKevin Hart's media company Hartbeat illustrates the challenges faced by celebrity-backed ventures in sustaining growth. While initial succe...
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...
Marico raises stake in Plix owner to 84%Marico acquired a further 24.09% stake in Satiya on Monday for Rs 1,012.03 crore, taking its holding from 60% to 84.09% on a fully diluted ...
Stocks in news: Vedanta, Kotak Mahindra Bank, Marico, Axis Bank, Trent and Zydus LifesciencesIndian equity markets showed signs of recovery on Monday after softer-than-expected US jobs data was released. The Nifty 50 index ended the...
Listed startups unlock Rs 25,000 crore for VC, PE investorsAn ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investor...
September IPO rush draws $1 billion FPI money even as listed stocks see record outflowsIn September, Foreign Portfolio Investors actively participated in the Indian primary market by investing $1 billion. Simultaneously, they ...
- Amazon seeks to offload $8 billion of Nvidia chips to investors, FT reports
Amazon is seeking to offload about $8 billion of advanced Nvidia chips to investors through a new vehicle to strengthen its balance sheet, ...
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...
Competition Commission okays BNP Paribas-IndiaFirst Life Insurance dealCompetition Commission of India approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd. The...