Sunday, September 30, 2018

KKR, Blackstone may acquire stake in Shriram Group for $3 billion: Report

KKR, Blackstone may acquire stake in Shriram Group for $3 billion: Report As per the report, before the deal, Shriram Capital, the group holding company, would have to finalise plans for a three-way merger with its publicly traded arms: Shriram Transport Finance and Shriram City Union Finance

from Moneycontrol Business News https://ift.tt/2NQLyfv

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...