Page 9 - Acquisition

Siemens Healthineers to acquire Varian Medical Systems for $16.4 billion

Siemens expressly welcomed the deal and would raise the money for the bridging loan by issuing bonds

Nvidia may acquire SoftBank owned UK chip maker ARM for $32bn: Report

The proposed deal includes "both cash and stock and that it valued ARM at above the $32bn price that SoftBank paid for the business in 2016"

Sun Pharma-owned subsidiary to acquire Canada's Aquinox Pharma for $8.2 mn

Indian company says no approvals are required for the acquisition and it is likely to be completed by July 31

ITC acquires spices maker Sunrise Foods in all-cash deal for Rs 2,150 cr

SFPL is a Kolkata-based family-owned company engaged primarily in the business of spices

Kubota Corp gets CCI nod for acquisition of 9% stake in Escorts

Under the deal, Escorts will allot about 1.23 crore equity shares through a preferential issue to Kubota Corp at Rs 850 per share

Ampere acquires Noida-based E-three-Wheeler company Bestway Agencies

With this, Ampere will expand its presence in the disruptive e-Rickshaw segment to become an integrated last-mile e-mobility player with a strong presence in e-two-wheelers and e-three-wheelers

HUL completes acquisition of hygiene brand VWash from Glenmark Pharma

HUL said that it has acquired the intellectual property rights including trademarks, design, and knowhow related to the VWash brand worldwide

Aakash Educational Services acquires ed-tech firm Applect for Rs 100 crore

When asked about the value of the deal, a company official said, "it is Rs 100 core for the entire stake."

Law firm Cyril Amarchand Mangaldas acquires M&E Practice of Ashni Parekh

Commenting on her move, Parekh, said it will provide tremendous potential to develop and take practice forward.

CreditAccess Grameen to acquire Madura Micro Finance for Rs 876 crore

The acquisition strengthens our microfinance franchise which can be leveraged to provide innovative financial services, says CAGL chairman

LVMH to buy US-based Tiffany for $16.2 bn in its largest ever acquisition

LVMH and US jewellers Tiffany announced Monday a $16.2 billion tie-up that is the French luxury group's biggest-ever acquisition and will bolster its presence in the United States. The deal comes after LVMH spent more than a month wooing Tiffany, the most iconic of US luxury brands known for its wedding rings and diamonds. The companies said in a statement they "have entered into a definitive agreement whereby LVMH will acquire Tiffany for $135 per share in cash, in a transaction with an equity value of approximately 14.7 billion euros or $16.2 billion." The deal adds Tiffany to LVMH's extensive stable of luxury brands that include Louis Vuitton, Dior and Moet & Chandon and will strengthen its position in the jewellery sector. "We are delighted to have the opportunity to welcome Tiffany, a company with an unparallelled heritage and unique position in the global jewelry world, to the LVMH family," said the group's chief executive, Bernard Arnault. Such a deal has been seen as way .

Linde, Praxair agree on outline for 50-50 merger

Once the deal is hammered out, it will be subject to approval by a Praxair shareholders' meeting

RCom gets Bombay HC approval for Sistema acquisition

The deal will give RCom access to spectrum in the 850 Mhz band that can be used for 4G services which it plans to start by the year-end

FCM Travel Solutions acquires Travel Tours Group

TTG offers a gamut of travel services including leisure, corporate travel, MICE, visa, inbound, wholesale and Forex

Rane (Madras) acquires Precision Die Casting

Rane (Madras) Limited has acquired Precision Die Casting, Inc. USA (PDC). The Chennai-based auto components maker said it made $2 million as equity capital into the company. The company has executed a share purchase agreement in the United States on February 17 with DPI/PDC Holdings and acquired 100 per cent of the equity capital of PDC.In an announcement to NSE today, the company said that it has incorporated a Wholly Owned Subsidiary in Netherlands as a private company Rane (Madras) International Holdings B.V.The company has till date infused $2.02 million into the equity capital of PDC on February 17, 2016 and the company has aslo issued a limited guarantee by way of SBLC for $2 million towards the term loans facilities availed by PDC.Rane (Madras) is part of $511 million Rane Group. The company has two divisions including steering and Linkage Products Division and Diecasting Products Division.Rane Group of companies manufacuter components for passenger Cars, Multi Utility ...