In the latest M&A deals, Shriram Automall India Limited (SAMIL) has acquired BlueJack, while software company Mastek has acquired Evosys’ businesses in the US, UK and Middle East. Meanwhile, Karvy Group is looking at selling a stake in Karvy Stock Broking Ltd (KSBL) as well as subsidiary companies to clear outstanding dues to investors and banks. Separately, Capital Management has revised its offer for the ownership of shadow bank Altico Capital India.
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