State Bank of India says a 49% stake in Yes Bank will cost $331 million
State Bank of India said it will need to invest 24.5 billion rupees ($331 million) if it were to buy a 49% stake in Yes Bank as part of a rescue deal of the troubled lender.
State Bank of India said it will need to invest 24.5 billion rupees ($331 million) if it were to buy a 49% stake in Yes Bank as part of a rescue deal of the troubled lender.
U.S. regional TV station operator Gray Television Inc has made an offer to acquire larger peer Tegna Inc for approximately $8.5 billion, including debt, people familiar with the matter said on Friday.
Italy's top retail bank Intesa Sanpaolo said on Friday it had filed with market regulator Consob the offer prospectus for its unsolicited bid for smaller rival UBI Banca .
U.S. grocery retailer Albertsons Cos Inc filed paperwork for an initial public offering on Friday, years after poor market conditions derailed its earlier attempt at going public.
Brazil's state-run oil firm Petroleo Brasileiro SA will begin the process this month to sell its 10% stake in gas pipeline firm Nova Transportadora do Sudeste SA (NTS), according to Anelise Lara, the oil company's director of gas and refining.
Austrian oil company OMV is preparing to increase its stake in plastics maker Borealis to 75% in a deal worth $4.7 billion, OMV said on Friday.
Austrian sensor maker AMS has hired the finance chief of Osram , the German lighting specialist that AMS is buying, to the equivalent role, making good on a pledge it made as part of the takeover.
Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that it has agreed to sell Grindr LLC, a popular gay dating app it acquired in 2016, for about $608.5 million.
Television producer China Bright Culture Group has raised $116 million in a Hong Kong share offering without any of the usual face-to-face meetings, a strategy others are likely to follow to deal with coronavirus fears, sources said on Friday.
Food distribution company US Foods Holding Corp said on Friday it would buy Smart Foodservice Warehouse Stores from private equity firm Apollo Global Management for $970 million, in a move to expand its base of restaurant customers.
Twenty-one people aboard a cruise ship that was barred from docking in San Francisco have tested positive for coronavirus, U.S. officials said on Friday, adding to the more than 100,000 cases of the fast-spreading illness across the world.