Bank of America
Manufacturing
Fairfax India to exit Fairchem Organics
Billionaire Prem Watsa-backed Fairfax India Holdings Corp. is looking to sell its majority stake in speciality chemicals......
TMT
Oyo ropes in merchant banks for $1.2 bn local IPO, to file paperwork by mid-October
Unicorn Oyo Hotels and Homes has roped in merchant banks and lead book managers for its domestic initial public offering ......
Manufacturing
Ares SSG arm, four other investors acquire 100% debt of Jayaswal Neco
More than two years after the initial agreement was signed, global asset managers Bank of America, Davidson Kempner Capital Management, ......
Healthcare
Stent maker SMT lines up bankers for IPO
India’s largest cardiac stent maker Sahajanand Medical Technologies Pvt Ltd (SMT) has signed up four bankers for its proposed...
Finance
Flashback 2020: Global M&As fall as fewer companies catch deal bug
Global mergers and acquisitions (M&A) activity fell to a three-year low in 2020, as companies grappled with the financial...
Manufacturing
Mahindra unit Ssangyong defaults on $55 mn loans
Automaker Mahindra & Mahindra’s South Korean unit Ssangyong Motor Co has defaulted on loan repayment of about 60 billion...
General
Grapevine: Walmart eyes large stake in Tatas super app; Bigbasket to raise funds
Walmart Inc., majority stakeholder in online retailer Flipkart, is looking to take up a large stake in the proposed super ......
Finance
HSBC catching up with Citi in battle of MNC banks in India; JPMorgan bulks up
The battle between the top two global banks in India, Citibank and HSBC, has intensified with the British lender closing ......
General
Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz
Reliance Industries Ltd (RIL) is looking to pick up a minority stake in Future Group’s consumer products business as part...
Finance
Coronavirus pulls down global M&A to decade-low as companies keep their distance
Global M&A activity tumbled to its lowest level in more than a decade in the second quarter, according to data ......
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