L’Oreal (OREP.PA) has agreed to acquire a majority stake in British skincare brand Medik8, boosting the French cosmetics giant’s position in the fast-growing dermatological skincare market. Neither...
L&T Finance completes acquisition of Paul Merchants Finance’s gold loan business
L&T Finance Ltd. (LTF), on Monday, announced the completion of transfer of gold loan business of Paul Merchants Finance Private Ltd. (PMFL), a wholly owned subsidiary of Paul Merchants Ltd., to LTF. LTF is one of...
ITC bets on buyouts to grow food business
After the recent acquisitions of Yoga Bar and 24 Mantra Organic, ITC Foods is sharpening its focus on strategic takeovers to accelerate growth, gain rapid entry into high-potential categories, and align with consumer...
Redwing Acquires Assets of Swedish Drone Delivery Startup Aerit, Adding European Entry and ML-Based Flight Routing Capabilities
Redwing, a leading provider of drone-based instant logistics solutions from India, today announced the strategic acquisition of the assets of Aerit, a Swedish drone delivery startup recognized for its advanced...
IndiGrid to acquire transmission, solar assets for Rs 2,100 cr
IndiGrid on Saturday said it will acquire ReNew Solar Aayan, a 300 MW (AC) solar project, and Koppal Narendra Transmission in two separate transactions for about Rs 2,108 crore. Inclusive of the adjustments, the...
Meet The People acquires Yeoman Technology Group to expand retail media and e-commerce capabilities
Meet The People (MTP), the innovative alternative to the traditional advertising holding company model, has acquired Yeoman Technology Group, a leading consultancy focused on optimizing organic and paid Retail Media...
Bruker acquires biocrates
Bruker Corporation (NASDAQ: BRKR) today announced the acquisition of biocrates life sciences ag, located in Innsbruck, Austria. Financial terms were not disclosed. biocrates is a global leader in mass spectrometry (MS)...
BayPine Purchases Majority Stake in Harbor Global
BayPine has acquired a majority stake in Harbor Global, a provider of consulting and technology services to the legal industry. Headquartered in Chicago, Harbor serves 85 percent of Global 200 law firms and over half of...
Aakash moves NCLT to implead EY, alleges conflict in Byju’s petition
In an impleadment application filed before the National Company Law Tribunal (NCLT), Bengaluru, on June 1, Aakash Educational Services Ltd (AESL) has requested the tribunal to either dismiss the company petition filed...
Herbert Smith Freehills and Kramer Levin launch latest transatlantic merger
June 2 (Reuters) – Herbert Smith Freehills and Kramer Levin have finalized the latest major legal industry merger of recent years, combining to form a 2,700-lawyer firm with over $2 billion in revenue. The merger...
Amazon India board clears merger of logistics arm with marketplace entity
Amazon Transportation Services (ATS), the American ecommerce giant’s Indian logistics arm, is merging with Amazon Seller Services, the primary marketplace entity in India, according to a board approval document filed by...
Germany’s DHL to boost UK deliveries, takes minority stake in Apollo’s Evri
German postal services group DHL said on Wednesday it would buy a “significant” minority stake in private equity firm Apollo’s British parcel delivery business Evri, under a deal to merge it with its...
