Global advertising giant Omnicom has unveiled a sweeping reorganisation of its business in India, retiring multiple agency brands and shuffling its leadership team, as part of a global restructuring following its merger...
Adani completes Rs 231 crore acquisition of Trade Castle Tech Park
Adani Enterprises Ltd, the flagship firm of business tycoon Gautam Adani’s group, on Tuesday said it has completed a Rs 231.34 crore acquisition of Trade Castle Tech Park (TCTPPL), an infrastructure developer...
Fashion major Prada acquires smaller rival Versace for £1.3bn
Prada said on Tuesday it had completed the acquisition of smaller Italian rival Versace, a brand the luxury group said it had long coveted. Prada signed a definitive agreement in April to buy Versace from U.S.-based...
Marvell to buy chip startup Celestial AI for $3.25 billion, bullish on growth next year
Chipmaker Marvell Technology said on Tuesday it will buy semiconductor startup Celestial AI in a deal worth $3.25 billion and gave a bullish forecast for its next fiscal year. Marvell’s shares were up about 13% in...
South Korea’s Doosan Bobcat in talks to buy Wacker Neuson
Wacker Neuson said on Tuesday that South Korea’s Doosan Bobcat was in talks to buy a majority stake in the German construction equipment maker. Doosan Bobcat, a unit of Korean conglomerate Doosan, is in...
CarTrade, CarDekho parent end acquisition talks
Auto marketplace CarTrade Tech has ended discussions with Girnar Software to acquire CarDekho and BikeDekho, its automotive classified businesses. “We wish to inform you that the parties have mutually decided not to...
Vertoz to acquire marketing automation firm Webimax
MadTech and cloudtech company Vertoz on Wednesday said it has signed a definitive agreement to acquire 100 per cent stake of marketing automation company Webimax Llc at an enterprise value of USD 6.6 million (around Rs...
China’s Anta Sports and Li Ning exploring bid for Puma, source says
Chinese sportswear firms Anta Sports Products and Li Ning are among those exploring a potential takeover of struggling German sportswear brand Puma, a source with knowledge of the matter said on Thursday. Both Hong Kong...
Warburg Pincus to acquire Raptor Technologies for around $1.8 billion, sources say
Warburg Pincus has agreed to acquire a majority stake in Raptor Technologies from fellow investment firm Thoma Bravo, in a deal that values the school safety software provider at around $1.8 billion, according to people...
Forvia to sell part of car interiors business as part of debt-cutting push
Forvia is looking to sell part of its car interiors unit as part of an ongoing push to trim its portfolio and reduce debt, it said on Friday. The car parts supplier has so far completed a quarter of the 1-billion-euro...
Small and mid-sized law firms rush to merge for scale
A wave of mergers is sweeping small and mid-sized law firms across India as they seek to gain scale with clients increasingly expecting multi-disciplinary capability, cross-border advisory support and deep expertise...
NDL Ventures board approves merger of Hinduja Leyland Finance into NDL Ventures
NDL Ventures Limited (formerly NXTDIGITAL Limited) on Wednesday said its Board of Directors has unanimously approved the Scheme of Merger by Absorption of Hinduja Leyland Finance Limited (HLFL) into the company. The...
