Acquires Financial News

MenoLabs business, a leading women’s health and dietary supplement branded portfolio from Amyris through Chapter 11 bankruptcy proceeding in the US Bankruptcy Court for the District of Delaware for $3 million. Dr. Reddy’s acquired the entire MenoLabs supplements portfolio which includes seven branded products to treat perimenopause and menopause. Brands include MenoFit and MenoGlow probiotics, Happy Fiber and Well Rested dietary supplements, Athena’s Shield menopause support supplement, and Goodness Glow and Keep Glowing Gorgeous supplements for healthy aging support. The deal also includes the MenoLife health tracker app which supports the product line and provides community, education, and information to consumers regarding menopause. MenoLabs portfolio of products is sold in the United States, primarily through the brand’s own and other e-commerce marketplaces including Amazon and Walmart. “The MenoLabs acquisition will serve as a catalyst to accelerate growth in this space and build upon our aspiration to lead in the fast-growing women’s nutritional and wellness markets,” said Marc Kikuchi, CEO for Dr.

₹3,390 per share resulting in a 1.44 per cent stake in the company. The Avenue Supermarts' promoter through his investment vehicles Derive Trading and Bright Star, already holds 30.7 per cent stake in the company. Along with Damani, SBI Mutual Fund (SBI MF) also acquired 2.25 lakh shares of VST Industries today, at an average price of ₹3,390 per share, according to BSE.

Reuters report said on Sunday. In a statement, Manchester United said that Jim Ratcliffe provided an additional $300 million intended to enable future investment into Old Trafford, a football stadium in Greater Manchester. INEOS has agreed to the Board's request to assume authority for overseeing the football operations of the Club.

Drugmaker Bristol Myers Squibb is acquiring Karuna Therapeutics, a biopharmaceutical company that has developed a new antipsychotic, in a $14 billion deal

Wealth Enhancement Group has expanded again with the acquisition of a $236 million independent RIA in Hyannis, Massachusetts.

United States Steel Corporation (NYSE:X), commonly known as U.S. Steel, is being acquired by Nippon Steel, the two companies confirmed today.

U.S.-based businesswoman Michele Kang has acquired the London City Lionesses in English soccer’s second division

Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday announced that it has entered into a second strategic partnership with Mediterranean Shipping Company's (MSC) arm, Terminal Investment Limited (TiL), for the operation of Adani Ennore Container Terminal Pvt Ltd (AECTPL). Notably, TiL is an associate of MSC, the world’s largest container shipping line. The company through its subsidiary Mundi Ltd is set to acquire a 49 per cent in AECTPL from APSEZ for Rs 247 crore.

GQG Partners on Friday bought close to 5% stake in GMR Airports Infrastructure in a deal worth Rs 1,672 crore through the open market. GQG Partners Emerging Markets Fund bought 92,636,787 shares, and Goldman Sachs GQG Partners International Opportunities Fund bought 19,02,45,637 shares, according to bulk deals data. The shares purchased represent a cumulative stake of 4.7%.

Max Healthcare Institute Ltd announced its complete acquisition of Starlit Medical Centre Pvt Ltd for an enterprise value of ₹940 crore, on Friday. This strategic move grants Max Healthcare ownership of the 550-bed Sahara Hospital located in Lucknow. The company has successfully finalized a binding share purchase agreement (SPA) to acquire a full 100% stake in Starlit Medical Centre Pvt Ltd.

Phoenix Group, a United Arab Emirates Bitcoin mining firm, has disclosed a $380 million deal with WhatsMiner for hydro cooling mining equipment.

Merit Financial Advisors, a financial advisory firm based in the Atlanta area, has acquired Atlanta-based ClearBridge Wealth Management, the firms announced Wednesday.

₹700 crore. Currently, the port has a capacity of 5 million tonnes per annum (MTPA), with potential expansion to 19 MTPA. JSW Infrastructure intends to enhance and upgrade the facilities and capacity of PNP Port from 5 MTPA to 19 MTPA in a phased manner," the company said in a statement.

Amazon's streaming service Prime Video has signed a four-year deal with the International Cricket Council (ICC) to provide exclusive live broadcast rights in Australia for ICC cricket, which will be available on Prime Video Australia. The partnership will see Prime Video Australia exclusively stream all men’s and women’s events, including the Men’s and Women’s Cricket World Cups, T20 World Cups, Champions Trophy, U19s, and the World Test Championship Final. The deal includes streaming rights in Australia for 448 live games from 2024 to 2027. The deal follows the success of the ICC Men’s Cricket World Cup 2023, which broke several records, culminating in Australia lifting the trophy.

₹1,022.55 per share on Friday, December 1 on NSE after its promoter company Bharti Airtel acquired an additional 1.35 percent stake in the telecom company from another promoter group entity Indian Continent Investment Ltd (ICIL) via ₹8,301.73-crore block deal. “BTL has acquired 1.35% shares of Bharti Airtel from Indian Continent Investment Limited (ICIL) through block deal mechanism on National Stock Exchange of India Limited for an aggregate amount of ₹8,301.73 crore," BTL said in a stock exchange filing. After the recent block deal, ICIL's ownership in Airtel has decreased to 4.56%.

₹1,000 crore in the next 12-18 months towards EV financing," StrideOne founder Ishpreet Gandhi said. Mintin September had reported that StrideOne was in talks to acquire MoEVing, which would value the latter at around ₹100-120 crore, to enter last-mile EV financing.

Best Agrolife Ltd. (BAL) has made a strategic investment in Kashmir Chemicals and acquired a 99% stake in the company.

Private equity giant Blackstone will acquire the pet care app Rover in an all-cash deal valued at $2.3 billion, the companies announced Wednesday

Creative Planning has acquired a Wilmington, Delaware-based registered investment advisory firm that provides integrated financial advisory, tax planning and investment management services to individuals, families and small businesses, the firm announced Tuesday.

Major cryptocurrency tracking website CoinGecko is scaling its data offering by acquiring the nonfungible token (NFT) data infrastructure platform Zash.

Amber River said the asset manager will also continue to work with adviser businesses outside of the group post-acquisition.