Baiju Kalesh

2 days ago | bloomberg.com | Baiju Kalesh

Pittsburgh. Photographer: Zhuoyao Song/Getty Images(Bloomberg) -- TA Associates is considering selling its majority stake in Accion Labs Holdings Inc. and seeking a valuation of about $1 billion for the Pittsburgh-based technology company, people familiar with the plan said. The private equity firm is working with a financial adviser on the potential sale, the people said, asking not to be identified because the plan is private.

5 days ago | news.bloombergtax.com | Harshita Swaminathan |Baiju Kalesh

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.

5 days ago | news.bloomberglaw.com | Harshita Swaminathan |Baiju Kalesh

Sumitomo Mitsui Financial Group Inc.’sbanking unit agreed to buy a 20% stake in Indian lender Yes Bank Ltd. for about 135 billion rupees ($1.58 billion), as Japanese firms continue their expansion in the world’s most-populous country. Sumitomo Mitsui Banking Corp. will acquire shares from State Bank of India and other investors for about 21.50 rupees each to become the top shareholder, according to a stock exchange filing Friday.

5 days ago | bloomberg.com | Harshita Swaminathan |Baiju Kalesh

A Yes Bank branch is being pictured in Kolkata. (Bloomberg) -- Sumitomo Mitsui Financial Group Inc.’s banking unit agreed to buy a 20% stake in Indian lender Yes Bank Ltd. for about 135 billion rupees ($1.58 billion), as Japanese firms continue their expansion in the world’s most-populous country. Sumitomo Mitsui Banking Corp. will acquire shares from State Bank of India and other investors for about 21.50 rupees each to become the top shareholder, according to a stock exchange filing Friday.

5 days ago | bloomberg.com | Baiju Kalesh |P R Sanjai

Sunil Mittal(Bloomberg) -- Sunil Mittal is in advanced talks to acquire a 49% stake in the Indian unit of China’s Haier Smart Home Co., according to people familiar with the matter, as the billionaire looks to tap growing demand for goods such as home appliances in the South Asian country. The Bharti Airtel Ltd. founder has teamed up with private equity firm Warburg Pincus to buy the stake in Haier Appliances (India) Pvt.