Deals of the day-Mergers and acquisitions

Jaiprakash Associates

10/10/2022 10:40

Oct 10 (Reuters) - The following bids, mergers,
acquisitions and disposals were reported by 09:30 AM GMT on
Monday:
    ** U.S. private equity firm Warburg Pincus will acquire a
majority stake in India's Vistaar Finance, the small-business
lender said on Monday, underscoring the rising investor interest
in the Asian nation's booming lending market.  urn:newsml:reuters.com:*:nL4N31B14V
    ** Singapore shopping mall owner NTUC Enterprise
Co-operative Ltd has scaled down the size of a planned asset
sale to about S$3 billion ($2.1 billion), or three-fourths of
the original proposal, while short-listing three potential
buyers, sources familiar with the matter said.  urn:newsml:reuters.com:*:nL4N31B05S
    ** India's Adani Group is in advanced talks to buy
debt-laden Jaiprakash Associates Ltd's  JAIA.NS  cement business
for $606 million, Bloomberg News reported, citing sources.
 urn:newsml:reuters.com:*:nL4N31B0PJ
    ** New Zealand's Pushpay Holdings Ltd  PPH.NZ  said it had
received a revised, indicative, and non-binding buyout proposal,
months after confirming it was in early talks with multiple
parties for a potential acquisition.  urn:newsml:reuters.com:*:nL4N31B0JW
 (Compiled by Rajarshi Roy and Pratik Jain in Bengaluru)
 ((Pratik.Jain@thomsonreuters.com))