Chemtrade Logistics (OTC:CGIFF) surged 9.8% after a US$150M deal to acquire Polytec, expanding water solutions, boosting EBITDA growth by 6–7%, diversifying markets, and earning a Scotiabank “home run” upgrade.
Adani Enterprises, via its subsidiary, acquired a 51% stake in DPJ TOT for up to ₹1,342 crore, strengthening its road infrastructure portfolio and expanding its presence in India’s transport ecosystem.
Adani Defence and Leonardo have partnered to build helicopters in India, boosting defence self-reliance, local manufacturing, skilled jobs, and positioning India as a global helicopter production hub.
Government is evaluating a Union Bank–Bank of India merger under Merger 2.0 to create a stronger PSU bank, improve efficiency, expand lending capacity, and enhance customer services by 2026.
Blackstone is nearing a $4B+ deal to acquire MacLean Power Systems from Centerbridge, expanding its energy-infrastructure presence. Talks are advanced but not finalized, after surpassing rival bidders like ABB.
