E-House China Holdings Ltd : * E-House announces shareholder approval of merger agreement * Of those shares voted at the meeting, about 89.79% were voted in favor of a proposal to authorize,approve merger agreement...
Super Group announce acquisition of Fleet Hire
Super Group Ltd : * Acquisition of Fleet Hire by SG Fleet Group * Acquisition of a UK company, Fleet Hire, a provider of contract hire, salary sacrifice, short-term rental and fleet management services * Total value of...
Didi to merge with Uber China operations in $35 billion deal
China’s dominant ride-hailing firm Didi Chuxing will merge with Uber’s business in China in a $35 billion deal that will end bruising competition between the two firms, according to a source familiar with...
Flipkart ties up with Ola to promote Lenovo smartphones to its customers
The campaign which is being launched in Mumbai, Delhi, Chennai, Bangalore and Pune starting August 1 will be available to users of Ola’s premium Prime service. Flipkart has partnered with ride-hailing app Ola to...
Marketing Group unit makes two acquisitions
The Marketing Group Plc : * Said on Tuesday its unit Nice&Polite had made tactical acquisitions of Digital Virtue and VOQS Limited * Said deals mark Nice&Polite’s establishment of new division –...
Baidu says offer to buy its stake in online video unit withdrawn
Chinese internet search company Baidu Inc said on Monday an offer it received in February to buy its stake in online video unit iQiyi has been withdrawn. Baidu said that the buyer group had not been able to reach an...
L&T to sell 15% stake in Technology Services via IPO
Close on the heels of the successful Rs 1,243-crore L&T Infotech IPO, diversified group L&T’s technology services unit has filed a draft prospectus with Sebi for a public offer to raise an estimated Rs...
Yunda Express to go public in $2.7 billion reverse merger
Chinese courier company Shanghai Yunda Express has inked an 18 billion yuan ($2.7 billion) reverse merger deal with Shenzhen-traded Ningbo Xinhai Electric (002120.SZ), the latest delivery firm to use a backdoor listing...
Our philosophy is to get into a mid-term acquisition and then grow there: Subrata Kumar Nag, Quess Corp
In an interview with ET Now , Subrata Kumar Nag , CFO, Quess Corp, shares his business ideas. Edited excerpts: ET Now: Please tell our readers why is it that they should be subscribing. Subrata Kumar Nag: It is a Rs 400...
Genpact to acquire Israel’s PNMsoft
Business process management firm Genpact on Tuesday said that it has entered into a definitive agreement to acquire Israel-based PNMsoft, a case management and work optimization solutions provider. The company did not...
Imagine! Print Solutions Agrees to Acquire Midnight Oil Agency
MINNEAPOLIS, June 27, 2016 /PRNewswire/ — Imagine! Print Solutions (“Imagine!“) is pleased to announce that it has entered into a definitive agreement to acquire Midnight Oil Agency (“Midnight...
Acquisitions deliver growth at Quess Corp, but are a risk too
Quess Corp’s high working capital needs and appetite for acquisitions have left it with a debt of Rs390 crore, leading to a debt-to-equity ratio of 1.13 times. Quess Corp Ltd plans to raise Rs.400 crore through an...
