Advertisements Uber Technologies and its Indian rival Ola on Friday denied a media report that the ride-hailing firms were in talks for a merger. A media report said that Ola Chief Executive Bhavish Aggarwal had met top Uber executives in… Read More ›
Corporate M&A
India M&A Volume To Rise Amid IPO Market Slowdown, JPMorgan Says
Advertisements Mergers and acquisitions have become an important solution for investors facing a slowdown in India’s equity capital markets, according to JPMorgan Chase & Co. “India is a super important market for sovereign funds, private equity and global pension funds,… Read More ›
India Inc Signs Over 1,100 Deals Worth Over USD 104 Bn In First Half Of 2022
Advertisements As many as 1,149 deals valued at $104.3 billion were signed by India Inc in the first half of this year despite global uncertainties, a report showed on Thursday. According to the Grant Thornton Bharat Dealtracker report, the numbers… Read More ›
Amazon Strikes USD 3.5 Bn Deal For One Medical In Long March Into U.S. Healthcare
Advertisements Amazon.com Inc agreed on Thursday to buy primary care provider One Medical for $3.49 billion, expanding the giant’s virtual healthcare e-commerce and adding physical doctors. ‘ offices for the first time. The all-cash deal would combine two relatively small… Read More ›
upGrad Acquires Edtech Platform ‘Harappa Education’ For INR 300 Cr
Advertisements Higher education platform upGrad on Friday announced it has acquired online learning institution Harappa Education for Rs 300 crore (about $38 million). upGrad closed the transaction with present Harappa shareholders – Bodhi Tree Systems (a newly-formed platform between James… Read More ›
MediBuddy Acquires Telehealth Startup Clinix
Advertisements MediBuddy, a digital healthcare platform, announced the acquisition of Clinix, an online medical consultation platform focusing on rural India, for an undisclosed amount on Wednesday. Clinix offers a network of 20 tier 3 and tier 4 cities that serve… Read More ›
Sony Completes USD 3.6 Bn Acquisition Of Bungie
Advertisements Japanese giant Sony has closed the $3.6 billion acquisition of Bungie, the developer of Destiny and the original creator of the hugely popular Halo franchise. “The agreement to acquire Bungie has closed. So now we can officially say… welcome… Read More ›
CCI Approves Oil Major Shell’s Acquisition Of Solenergi Power
Advertisements The Competition Commission of India (CCI) has approved the acquisition of Solenergi Power Private Limited by Shell Overseas Investments B.V.’s from Actis Solenergi Limited. The proposal pertains to the acquisition of 100 per cent shareholding and sole control by… Read More ›
Ankurit Capital Buys 7.71 Percent Stake In Deccan Healthcare
Advertisements Ankurit Capital, an alternative investment fund, has acquired a 7.71 percent stake in Deccan Healthcare, a leading company in nutraceuticals and cosmetics. The company has allotted 13.30 lakh shares at Rs 37.60 per share. share to the fund as… Read More ›
Twitter Shares Tank 6 Percent Amid Elon Musk Walkout
Advertisements Shares of microblogging site Twitter fell about 6 per cent in premarket trading on Monday, amid the recent walkout by Elon Musk. The world’s richest person on Friday terminated the $44 billion deal to buy Twitter, stating that the… Read More ›