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Acquisition

Asahi Songwon Colors enters API biz via Atlas Life Sciences acquisition

The blue pigment maker buys 78% stake in the firm for Rs 48 cr to take control of Ahmedabad works

Updated On: 22 Nov 2022 | 8:57 PM IST
Bs_logoAsahi Songwon Colors enters API biz via Atlas Life Sciences acquisition

Marico acquires 54% stake in breakfast & snacks brand True Elements

FMCG major Marico on Monday said it has acquired a majority 54 per cent stake in the digital-first healthy breakfast and snacks brand True Elements for an undisclosed amount.

Updated On: 24 May 2022 | 2:15 AM IST
Bs_logoMarico acquires 54% stake in breakfast & snacks brand True Elements

Actis acquires Hyderabad-based Rx Propellant for an undisclosed amount

Global investor Actis has acquired Hyderabad-based Rx Propellant, which provides real estate solutions to tenants in life sciences and related sectors.

Updated On: 23 May 2022 | 6:59 PM IST
Bs_logoActis acquires Hyderabad-based Rx Propellant for an undisclosed amount

Cloud company VMware's shares surge 15% after Broadcom takeover talks

Shares in VMware rose 15% in premarket trading on Monday, which would give the company a market value of about $46 billion.

Updated On: 23 May 2022 | 3:54 PM IST
Bs_logoCloud company VMware's shares surge 15% after Broadcom takeover talks

ArcelorMittal bets big on insolvent firms to build its India empire

World's largest steel co set to buy Uttam Galva

Updated On: 20 May 2022 | 11:03 PM IST
Bs_logoArcelorMittal bets big on insolvent firms to build its India empire

Byju's continues acquisition spree, buys Austrian math-learning co GeoGebra

Deal value not revealed; this is Byju's 9th major buy this year

Updated On: 17 May 2022 | 8:43 AM IST
Bs_logoByju's continues acquisition spree, buys Austrian math-learning co GeoGebra

Adani group to buy 49% stake in Quintillion Media for undisclosed amount

Adani Enterprises will pick a 49 per cent stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for an undisclosed sum, according to a regulatory filing.

Updated On: 16 May 2022 | 12:17 AM IST
Bs_logoAdani group to buy 49% stake in Quintillion Media for undisclosed amount

Swiggy signs deal with Times Internet to acquire Dineout for unknown sum

Dineout will continue to run as an independent app post acquisition; Swiggy to get access to several new restaurant partners, existing Dineout team

Updated On: 13 May 2022 | 11:01 PM IST
Bs_logoSwiggy signs deal with Times Internet to acquire Dineout for unknown sum

Swiggy enters high-end dining market with acquisition of Dineout

Online food delivery platform Swiggy on Friday announced it has acquired Dineout, a dining out and restaurant tech platform, for an undisclosed sum.

Updated On: 13 May 2022 | 3:51 PM IST
Bs_logoSwiggy enters high-end dining market with acquisition of Dineout

Pfizer to pay $11.6 bn for Biohaven Pharmaceutical to tap migraine market

Pfizer will pay $148.50 a share for all of New Haven, Connecticut-based Biohaven's outstanding stock, according to a statement Tuesday

Updated On: 10 May 2022 | 11:03 PM IST

HCL Tech to acquire Bengaluru-based Quest Informatics for Rs 15 cr cash

Quest currently serves more than 40 global leaders in the aftermarket space with its cloud-enabled aftermarket ERP, field services management, and digital parts catalog product suites

Updated On: 10 May 2022 | 12:29 AM IST

Tata steel to grow organically, new acquisitions unlikely this decade: MD

Narendran said that the Jamshedpur-based behemoth will fuel its growth ambitions to more than double its output, relying on organic growth at its existing sites

Updated On: 08 May 2022 | 2:58 PM IST

Google acquires MicroLED display startup Raxium for future AR headsets

The acquisition of California-based startup with MicroLED technology will help Google build next generation of augmented/virtual and mixed reality headsets amid the buzz over metaverse

Updated On: 05 May 2022 | 11:35 AM IST

Route Mobile to buy Teledgers' blockchain, DLT platform for about Rs 130 cr

This will allow telecom operators to efficiently manage as well as regulate A2P (application to person) communication (SMS/voice calls), using state-of-the-art blockchain-based solutions

Updated On: 02 May 2022 | 8:37 PM IST

Cyient to acquire Singapore-based Grit Consulting for Rs 284 crore

IT company Cyient on Thursday said it will acquire Singapore-based Grit Consulting for $37 million in an all-cash deal.

Updated On: 28 Apr 2022 | 11:23 PM IST

Torrent Power to acquire 50 MW solar plant from SkyPower Group

Torrent Power has inked a share purchase pact to acquire 100 per cent equity in a 50 MW solar plant of SkyPower Group at an enterprise value of Rs 417 crore. Torrent Power Ltd has entered into a Share Purchase Agreement (SPA) with SkyPower Southeast Asia III Investments Limited and SkyPower Southeast Asia Holdings 2 Limited (the Sellers) for the acquisition of 100 per cent securities of Sunshakti Solar Power Projects Private Ltd (the SPV special purpose vehicle). The SPV operates a 50 MW Solar Power Project in the state of Telangana. Long-term Power Purchase Agreement (PPA) for the Project is with Northern Power Distribution Company of Telangana Limited (NPDCTL) for a period of 25 years at a fixed tariff of approx Rs 5.35 per kWh, with remaining useful life of about 20 years. The enterprise value for this acquisition is around Rs 417 crore, subject to closing price adjustments, if any, the company said in a statement. The acquisition is further subject to customary conditions for

Updated On: 23 Apr 2022 | 6:37 PM IST

Flipkart buys full-stack e-commerce enabler ANS for undisclosed sum

Flipkart's M&A strategy is helping it tap new business areas, get access to innovation and vie with players like Amazon, Reliance's JioMart and Tata-backed BigBasket, say to analysts

Updated On: 20 Apr 2022 | 12:24 AM IST

US-based Nithia Capital acquires steel maker CREST for Rs 600 crore

CREST is an integrated plant with a sponge iron capacity of 225 kilo tonne per annum (KTPA)

Updated On: 05 Apr 2022 | 9:13 PM IST

Asian Paints to acquire stake in White Teak, Weatherseal Fenestration

The size of the current market is more than Rs 11,000 crore and the market share of organised players is about 40 per cent

Updated On: 01 Apr 2022 | 4:10 PM IST

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What does the Axis-Citi deal mean for Citi's India customers?

Citigroup has sealed the deal with Axis Bank to sell its consumer businesses for nearly $2 bn. What does Citi's exit from India mean for its customers here? And what Axis is going to gain from it?

Updated On: 31 Mar 2022 | 8:15 AM IST