Apollo Radiology International (ARI) has acquired the radiology reporting unit of InHealth Group, the UK’s largest specialist provider of diagnostic and healthcare solutions. ARI, a unit of Apollo Hospitals Group and a...
EaseMyTrip.com forays into study tourism with acquisition of Planet Education
EaseMyTrip.com announced the approval of acquisition of Planet Education Australia, an Australia-based comprehensive education services provider making a strategic investment of 49% paid-up share capital. This strategic...
Tata Electronics to buy 60% stake in Apple supplier Pegatron’s iPhone plant in Tamil Nadu, says report
Tata Electronics is set to acquire a 60 per cent majority stake in Taiwanese contract manufacturer Pegatron’s iPhone plant in Tamil Nadu, forming a new joint venture (JV), Reuters reported citing two sources. The...
Murugappa to buy Germany’s Hubergroup; acquisition at an enterprise value of $310 million
Chennai-based Murugappa Group has signed a deal to acquire German specialty chemicals firm Hubergroup for an enterprise value of $310 million, a move that will help it expand in the global print and packaging sector...
Blackstone eyes 20% stake in Haldiram’s snacks at $8 billion valuation, sources say
Blackstone has dropped plans to acquire a majority stake in the snacks business of India’s Haldiram’s but is now discussing purchase of a 20% stake at a valuation of $8 billion, which is still a sticking...
Australia-based Findi hits over 2-decade high on buying Tata Communications unit
Shares of Australia-based Findi jumped to a more than two-decade high on Friday, after the fintech services provider said it would acquire Tata Communications’ payment solutions unit for A$75.7 million ($48.81...
Raghu Vamsi Group acquires UK-based PMC Group
Hyderabad based Raghu Vamsi Group, a Tier One manufacturer of high precision and hi-critical components, sub-assemblies, and systems for global OEMs like Boeing, GE Aviation, Honeywell, Rolls Royce, Collins Aerospace...
Bain Capital goes for gold: in talks with Manappuram to buy controlling stake
Bain Capital is in talks to acquire a controlling stake in Manappuram Finance, betting on the country’s gold loan sector, said people with knowledge of the matter. This comes as the founding family of the Kerala-based...
L&T Technology Services share price rises 5%: To acquire California based Intelliswift
L&T Technology Services Limited share price gained more than 5% in intraday trades on Tuesday. L&T Technology announced having signed a definitive agreement to acquire Silicon Valley-based Intelliswift, to...
Japan’s biggest bank looking for acquisition targets in booming India
Mitsubishi UFJ Financial Group Inc. is bullish on India, where it’s actively looking for acquisition targets that will help boost its presence in the world’s most populous nation. The goal for Japan’s largest lender is...
TA Associates to acquire majority stake in Vee Healthtek for $250 m
US private equity fund, TA Associates, will acquire the Bengaluru- and US-based revenue cycle management (RCM) services provider Vee Healthtek for $250 million (about Rs 2100 crore), said sources aware of the...
KKR, Singtel gets Competition Commission’s approval to acquire stake in STT GDC
The Competition Commission of India (CCI) on Tuesday cleared KKR-affiliate Ruby Asia Holdings II and Singtel’s proposal to acquire a stake in STT GDC. ST Telemedia Global Data Centres (STT GDC) is a wholly-owned...