Inventurus Knowledge Solutions (IKS) is reportedly close to acquiring TruBridge and is lining up an offshore loan of $675 million to fund the deal. Citigroup, JPMorgan Chase, and Deutsche Bank are among the banks involved in arranging the financing. If completed, the transaction would be IKS’s largest acquisition to date, signaling an aggressive expansion push.
Vedanta Resources is reportedly in talks to increase its existing $350 million loan by at least $200 million, potentially with Sumitomo Mitsui Banking Corp. and First Abu Dhabi Bank joining the facility. The company says the funds would help refinance obligations, cover transaction costs, and meet general corporate needs as it continues efforts to reduce debt.
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