Kotak vs Watsa: The battle for acquiring IDBI… It’s a two-horse race for IDBI Bank between Kotak Mahindra Bank and Prem Watsa-led Fairfax India Holdings, with…
TikTok has discussed separating from Chinese… A sale or initial public offering could be pursued if the company’s current proposal to the US is not approved,…
Western firms’ dawdling offers reality check on… Russia’s invasion of Ukraine is a test case of businesses’ willingness to unwind cross-border ties that have been…
Kotak Mahindra Bank in fray for stake in IDBI… While names of several foreign banks are doing the rounds for submitting the expression of interest to acquire…
Tencent denies report it plans to divest… Chinese tech giant Tencent Holdings, whose stock is at a four year low, denied a Wall Street Journal report that it…
Tencent says no ‘external pressure’ to divest as… Tencent said it does not set divestment targets and previous offloading of JD.com and Sea shares were the result of…
Russia defaults on foreign debt for the first… Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of…
Novartis/private equity: divestment has generic… Selling off its Sandoz unit could help stave off an attack by activists Stay connected with us on social media…
Tencent to offload its US$16 billion stake in… Tencent Holdings said it would distribute most of its shares in JD.com as a special dividend to investors, as…