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LVMH sells Marc Jacobs to WHP and G-III in rare luxury divestment deal

LVMH sells Marc Jacobs to WHP and G-III in rare luxury divestment deal

LVMH has agreed to sell the Marc Jacobs fashion label to a 50-50 venture between WHP Global and G-III Apparel Group, a rare divestment for the luxury giant amid softer demand. Financial terms were not disclosed, but G-III said it expects to invest up to $425 million in the new partnership. Marc Jacobs will remain creative director, keeping creative leadership with the brand’s founder. The deal also expands WHP’s portfolio and lifts its annual revenue beyond $9.5 billion.

Summarised by Beize from a story on The Economic Times on 15 May 2026
upGrad files to win CCI nod for Unacademy acquisition worth ₹2,055 crore in all-stock deal

upGrad files to win CCI nod for Unacademy acquisition worth ₹2,055 crore in all-stock deal

upGrad has filed with India’s Competition Commission for approval to acquire Unacademy, sealing an all-stock deal after months of speculation. The merger, expected to be valued around ₹2,055 crore, marks a steep drop from Unacademy’s 2021 peak valuation and is aimed at letting upGrad enter online test preparation. Unacademy is also expected to bring ₹900–₹950 crore in cash at closing. The talks, once paused over valuation mismatch, resumed after a term sheet signed in March.

Summarised by Beize from a story on Inc42 on 14 May 2026

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Zaggle slashes DICE buyout to 68 crore while switching to an AI IP asset deal structure

Zaggle slashes DICE buyout to 68 crore while switching to an AI IP asset deal structure

Zaggle has revised its DICE acquisition, cutting the deal size to around ₹68 crore from the previously planned ₹123 crore. Instead of purchasing the entire entity, Zaggle’s board approved a strategic acquisition of DICE’s AI-enabled spend management platform, contracts, IP, and about 100 technology professionals, aiming for capital efficiency and tighter integration.

Summarised by Beize from a story on Inc42 on 8 May 2026
Crypto exchange Bullish to buy Equiniti for 4.2 billion by January 2027

Crypto exchange Bullish to buy Equiniti for 4.2 billion by January 2027

Bullish, the cryptocurrency exchange, plans to acquire Equiniti, a global transfer agent, in a $4.2 billion deal expected to close by January 2027. Equiniti handles large-scale annual payments and manages share-related services for millions of investors, making the acquisition a notable bridge between crypto markets and traditional financial infrastructure.

Summarised by Beize from a story on The Economic Times on 5 May 2026
GameStop shares plunge 10% as CEO dodges funding questions for massive eBay bid

GameStop shares plunge 10% as CEO dodges funding questions for massive eBay bid

GameStop shares fell more than 10% after CEO Ryan Cohen sidestepped questions about how the company will fund its $55.5 billion bid for eBay. The proposed half-cash, half-stock offer still leaves a funding gap despite plans to use debt and cash. eBay has not engaged, and Cohen could push a proxy fight if needed.

Summarised by Beize from a story on The Economic Times on 5 May 2026
AI billion dollar deals are feeding the same circle and raising bubble fears

AI billion dollar deals are feeding the same circle and raising bubble fears

Google and Amazon are pouring billions into AI rivals such as Anthropic, fueling a “circular capitalism” loop where firms finance each other’s cloud and chip purchases. The appetite for AI is real, but opaque deal structures blur the line between value creation and financial engineering, reviving concerns that today’s AI surge could resemble past bubbles.

Summarised by Beize from a story on The Economic Times on 3 May 2026

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CCI rejects AGI Greenpac bid to overturn green channel approval for HNG deal

CCI rejects AGI Greenpac bid to overturn green channel approval for HNG deal

The Competition Commission of India has rejected AGI Greenpac’s renewed challenge to the green channel approval granted for Independent Sugar Corporation’s acquisition of Hindusthan National Glass & Industries. AGI Greenpac alleged undisclosed equity participation and a control transfer, but the CCI found no significant market overlaps or material changes that would justify interfering with the earlier clearance.

Summarised by Beize from a story on The Economic Times on 2 May 2026
Zurich Insurance moves in with Rs 4051 crore deal for Kotak General control

Zurich Insurance moves in with Rs 4051 crore deal for Kotak General control

Zurich Insurance plans to invest around Rs 4,051 crore to buy a 51% stake in Kotak General Insurance through a mix of fresh capital and share purchase. The deal also gives Zurich an option to acquire an additional 19% within three years, potentially tightening its grip on the insurer’s future direction.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Sun Pharma bids $13 billion for Organon to leap into global branded drugs

Sun Pharma bids $13 billion for Organon to leap into global branded drugs

Sun Pharmaceutical has made a bold $13 billion bid for US firm Organon & Co., signaling its biggest push to shift from generics toward branded and innovative medicines. Sun is competing with other bidders for Organon, and a successful deal would effectively merge Organon into Sun Pharma, reshaping its global ambitions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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