Friday, November 8, 2024

stake

Everstone Capital sells 2.16% stake in Restaurant Brands Asia for INR 113 Cr; Mirae Asset Mutual Fund acquires stake

Industry
Everstone Capital, a promoter entity, sold a 2.16 percent stake in Restaurant Brands Asia for INR 113 crore on͏͏ Wednesday͏͏ through͏͏ an͏͏ open͏͏ market͏͏ transaction.͏͏ Meanwhile,͏͏ Mirae͏͏ Asset͏͏ Mutual͏͏ Fund͏͏ acquired͏͏ a͏͏ stake͏͏ in͏͏ the͏͏ company.͏͏...

French supermarket chain Casino takes major step in debt relief, agrees to sell Almacenes Exito stake to Grupo Calleja

News
Indebted French supermarket chain Casino, on Monday, disclosed that it had reached an initial agreement to offload its ownership stake in the Latin American retailer Almacenes Exito to Grupo Calleja. On Friday, Casino's board granted approval for...

WestBridge Capital acquires significant stake in Meesho through secondary transaction

News
WestBridge Capital, an investment firm, has secured a stake in the e-commerce unicorn Meesho through a secondary transaction, acquiring it from Venture Highway, one...

Shree Renuka Sugars to acquire 100% stake in Anamika Sugar Mills for INR 235.5 Crore

News
Shree Renuka Sugars on Tuesday said it has entered into an agreement to acquire a 100 per cent stake in Anamika Sugar Mills for...

Tata Consumer Products and Haldiram’s deny reports of potential stake acquisition

News
Tata Consumer Products Ltd (TCPL) and Halidram's jointly announced on Wednesday that they are not currently engaged in any discussions regarding the potential acquisition...

Sovereign wealth fund QIA to invest $1 Billion in Reliance Retail Ventures, eyeing 1% stake

News
According to banking sources, the Qatar Investment Authority (QIA), a sovereign wealth fund, is currently in discussions with Reliance Industries Ltd (RIL) to make...

Ayzill plans capital raise to fuel nationwide expansion, targets 30 markets by the end of next fiscal year

News
Ayzill, a brand that offers packaged drinking water, has recently announced its strategic plan to raise capital by diluting a 10% stake. The primary...

Turpaz Industries acquires majority stake in Hungarian flavor manufacturer, Food Base, in $9.5 Million deal

News
Food Base, a Hungarian manufacturer specializing in flavors, vinegar powders, essential oils, and herbal extracts, has entered into an agreement with Turpaz Industries. According...

Swiggy takes a valuation hit as another investor trims stake, foodtech giant downgraded by 34% to $7.3 Billion

News
The trend of valuation reductions persists for Swiggy, a prominent player in the foodtech industry, as the company finds itself facing its third devaluation...

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