Companies News Today live updates on October 16, 2024: Temasek to acquire stake in Rebel Foods for $180-$200 million

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October 16, 2024, 05:30:20 am IST

Company News Today Live: Temasek to acquire stake in Rebel Foods for $180-200 million

  • This secondary stake purchase comes ahead of the company’s planned initial public offering, which will likely occur in the next 12 to 18 months.

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October 16, 2024, 05:30:19 am

Company News Today Live: Adani plans to invest $3 billion to boost semiconductor business through joint ventures with two Israeli companies

  • Adani Group has drawn up an overall investment plan worth between $7 billion and $8 billion for the semiconductor business. The group is in advanced talks to forge joint ventures with two Israeli companies to launch its first semiconductor facility with an initial investment of around $3 billion.

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