At meeting held on 07 August 2024. The Board of Uno Minda at its meeting held on 07 August 2024 has approved to acquire further stake in Minda Onkyo India (MOIPL), a 50:50 Joint Venture Company of Uno Minda and Onkyo...
WPP sells stake in FGS Global to KKR, downgrades guidance
British ad group WPP is selling its controlling stake in financial PR agency FGS Global to minority shareholder KKR for $775 million in cash, which it will use to reduce debt. WPP, the owner of agencies Ogilvy and...
Nazara Tech unit buys US-based gaming content firm Deltias Gaming for Rs 7.5 crore
Absolute Sports, a unit of media and gaming firm Nazara Technologies, acquired the entire assets of US-based gaming content firm Deltias Gaming for $900,000 (Rs 7.5 crore). Absolute Sports also runs Sportskeeda and Pro...
US-based Instawork acquires Bengaluru-based Able Jobs for undisclosed amount
San Francisco-based staffing solutions provider Instawork has acquired the technology platform built by Bengaluru-based online placement forum Able Jobs for an undisclosed amount. Ravish Agrawal, one of the co-founders...
Thoma Bravo explores $2 billion sale of ESG software maker Cority, sources say
Thoma Bravo is exploring options including a potential sale of Cority that it hopes will value the sustainability compliance software maker at about $2 billion, including debt, according to people familiar with the...
Eraaya receives final approval of US Bankruptcy Courts for acquisition of Ebix Inc.
The Consortium led by Eraaya had submitted a bid to acquire 100% Equity of Ebix Inc. during June 2024, which had been subsequently approved and accepted as the highest and best bid for Ebix Inc and eventually declared...
Sidara drops plans to buy UK’s Wood Group citing geopolitical risks
Dubai’s Sidara said on Monday it was walking away from its plan to buy UK’s John Wood Group, citing rising geopolitical risks and uncertainty in the financial market, prompting the British engineering...
Data provider Dun & Bradstreet explores sale, sources say
Dun & Bradstreet, a U.S. data and analytics provider that has a market value of more than $9 billion including debt, is exploring options including a potential sale, people familiar with the matter said on Friday...
CD&R explores sale of American Greetings, sources say
Private equity firm Clayton, Dubilier & Rice (CD&R) is exploring options including a sale of American Greetings that could value the 118-year-old greeting card maker at about $1.5 billion, including debt...
EU approves Hewlett Packard Enterprise’s $14 bln Juniper deal
The EU Commission on Thursday said it had unconditionally approved the $14 billion takeover of networking gear maker Juniper Networks by Hewlett Packard Enterprise. The commission said its investigation had shown the...
NIIF-backed IntelliSmart plans to buy majority stake in CyanConnode’s India ops
National Investment and Infrastructure Fund (NIIF) backed IntelliSmart Infrastructure Pvt Ltd is in talks with global smart metering major CyanConnode to acquire a majority stake in its Indian operations, said two...
Luminar buys G&H’s laser module unit to expand chip business- CEO
Luminar Technologies, a maker of lidar sensors for self-driving cars, has purchased the optoelectronic components and laser modules business of Britain’s Gooch & Housego (G&H) to expand its semiconductor...
