Advertisements IBM has announced that it has acquired Databand.ai, a leading provider of data observability software that helps organizations fix issues with their data, including errors, pipeline failures and poor quality — before it impacts their bottom-line. The acquisition strengthens… Read More ›
Corporate M&A
Tata Steel Completes INR 12,100 Cr Acquisition Of NINL Via Step-Down Arm
Advertisements Tata Steel on Monday said that it has completed the acquisition of 93.71 per cent in Neelachal Ispat Nigam Limited (NINL) through its listed step-down subsidiary, Tata Steel Long Products (TSLP). On January 31, TSLP was declared the winning… Read More ›
Byju’s Gets USD 800 Mn In New Funding At USD 22 Bn Valuation
Advertisements Edtech firm Byju’s said on Monday that it has completed payment that was due for the acquisition of Aakash Educational Service and received majority of $800 million fund which it announced in March. The company is estimated to have… Read More ›
Lenskart Takes Majority Stake In Japanese Eyewear Firm Owndays For USD 400 Mn
Advertisements Omnichannel eyewear unicorn Lenskart on Thursday announced it has taken a majority stake in Japanese eyewear brand Owndays in a deal that is reportedly around $400 million. This will take the merged firm to reach 13 markets in Asia… Read More ›
CCI Approves Google-Bharti Airtel Deal
Advertisements Competition Commission of India (CCI) on Thursday approved Google’s proposed acquisition of a minority stake in telecom major Bharti Airtel. The deal has been cleared on the basis of modifications offered by the acquirer, according to an official release…. Read More ›
Saudi Arabia In Early Talks To Take Stake In UK’s Aston Martin – FT
Advertisements Saudi Arabia’s Public Investment Fund is in early talks with British luxury carmaker Aston Martin about taking a stake in the business that could be worth 200 million pounds ($243.5 million), the Financial Times reported on Thursday. Shares in… Read More ›
StackNexus Acquires Vidruma Technologies Ltd To Expand In The European Market
Advertisements StackNexus, one of the leading No Code Technology Services company recently acquired Vidruma Technologies Ltd, a UK based IT services company. With this acquisition StackNexus is set to expand its footprints in the European Market. StackNexus aims to become… Read More ›
Byju’s Offers To Buy US-Listed Edtech Firm 2U For Over USD 1 Bn
Advertisements Online-education provider Byju’s has offered to buy 2U in a cash deal that values the US-listed edtech company at over $1 billion, a person familiar with the matter said.Byju’s made the offer of about $15 a share to 2U’s… Read More ›
India Cements Completes Acquisition Of Springway Mining
Advertisements India Cements Ltd on Tuesday said it has completed the acquisition of the entire paid-up equity and preference share capital of Springway Mining Pvt Ltd (SMPL). “SMPL has become a wholly-owned subsidiary of our company with effect from June… Read More ›
British Private Equity Firm Actis To Buy 10 Percent Of Brazil’s Omega Energia
Advertisements Brazilian renewable energy company Omega Energia MEGA3.SA said on Monday that British private equity firm Actis LLP will acquire 10% of its capital stock for around 770 million reais ($147 million). Tarpon Investimentos, which holds a controlling stake in… Read More ›