Page 5 - Majority Stake News Today

Happy Friday! Azim Premjis family office is eyeing a majority stake in Bank of Baroda-owned Nainital Bank. This and more in todays packed edition of ETtech Morning Dispatch.

(Bloomberg) -- BDT & MSD Partners is nearing a deal to sell the firm’s majority stake in Marquette Transportation Co. to Redwood Capital Investments, the family office of Jim Davis and Steve Bisciotti, according to people with knowledge of the matter.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Stock in ‘No...

Flipkart Zepto Deal: Flipkart held talks with Zepto for a potential deal but discussions fell through. Zepto is expected to snag a valuation of nearly $2.5 billion in a fresh funding round. Learn more about the failed majority stake talks.

Billionaire Zuber Issa is close to completing talks to sell his £500m stake in Asda to its private equity backer, TDR Capital, according to reports.

Romania competition council has greenlighted the deal whereby Polish retailer Zabka, together with Radu Trandafir, Ioana Ionitescu intend to take over Romania consumer goods wholesaler DRIM Daniel Distributie FMCG S.R.L. and RetailCo.

The new owner will likely renovate the property that was built in 1964.

The Port of Los Angeles signed an $85 million contract with Skanska to reconstruct an interchange in L.A.'s San Pedro neighborhood.

Key Insights Significantly high institutional ownership implies SSE's stock price is sensitive to their trading actions...

(Bloomberg) -- President Andrés Manuel López Obrador tightened his grip on Mexico’s power industry Thursday after getting a green light to buy a majority stake in Iberdrola SA’s energy assets.Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionPutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpHawaii Rightly Rejects Supreme Court’s Gun NonsenseDozens of Banks Rapidly Piled Up Commercia...

India's Reliance Industries is in talks to buy Disney's stake in satellite TV provider Tata Play, the Business Standard newspaper reported on Thursday, as billionaire Mukesh Ambani's firm seeks to bolster its media presence. The oil-to-telecom conglomerate is looking to buy Walt Disney's 29.8% stake in the loss-making Tata Play as it seeks to offer its entire JioCinema content to Tata's customers, the newspaper reported, citing sources aware of the development. Banker...