RBL Bank announced on Wednesday that Emirates NBD Bank has received approval from the Central Bank of the United Arab Emirates for its proposed acquisition of a majority stake in the Indian lender. The approval also...
Moving Tech Innovation enters Europe with acquisition of Automicle Holding
Moving Tech Innovations (MTI), the company behind India’s leading open mobility platforms such as Namma Yatri, Yatri Sathi, Bharat Taxi, and Chennai One, announced on Thursday the acquisition of Netherlands-based...
RBI nod to acquisition of Sammaan Capital by Avenir Investment RSC
The Reserve Bank has approved the proposed acquisition of a controlling stake in Sammaan Capital Ltd by an affiliate of Abu Dhabi-based International Holding Company. The acquisition by Avenir Investment RSC Ltd also...
Infosys to acquire US firms Optimum Healthcare IT for $465 million, Stratus for $95 million
Indian IT services firm Infosys said on Wednesday it had entered into separate agreements to acquire U.S.-based technology companies Optimum Healthcare IT and Stratus in all-cash deals. Infosys will buy...
US-based Warburg Pincus in talks to buy Maneesh Pharma unit in Rs 1,800 crore deal
US-based private equity firm Warburg Pincus is in advanced discussions to acquire the formulations business of Mumbai-based Maneesh Pharmaceuticals in a deal valued around ₹1,600–1,800 crore, sources familiar with the...
RBI approves Avenir acquisition of Sammaan Capital
RBI has approved Avenir Investment RSC’s proposed acquisition of a controlling stake in Sammaan Capital, the company said on Tuesday. Avenir Investment RSC is owned and controlled by Abu Dhabi’s...
Gilead Sciences buys autoimmune biotech Ouro Medicines for $2.2bn
Gilead Sciences is buying autoimmune disease biotech Ouro Medicines for nearly $2.2bn as the drugmaker kick-starts a dealmaking spree emboldened by its near-record share price. The California-based company will pay...
Kotak Bank set to acquire Deutsche’s retail business in Rs 4,500-crore deal
Kotak Mahindra Bank is one step closer to acquiring the India retail business of Deutsche Bank in a deal valued at about Rs 4,500 crore after being selected as the preferred buyer, multiple people familiar with the...
Enterprise AI firm C5i buys UK’s Datavid in $45-50 million all-cash deal
Artificial intelligence and analytics firm C5i has acquired UK-based data and AI company Datavid for an undisclosed sum, marking its third acquisition. Sources aware of the deal said the all-cash transaction was valued...
Nazara Technologies to acquire 50% stake in Spain-based Bluetile, BestPlay for $100 million
Gaming and technology firm Nazara Technologies on Wednesday said it will acquire a 50% controlling stake in Spain-based gaming studio Bluetile Games and its in-house engagement platform BestPlay Systems for $100.3...
Varun Beverages to acquire South African firm Crickley Dairy
Varun Beverages on Tuesday said its South African subsidiary Bevco will acquire Crickley Dairy Proprietary for Rs 131.47 crore. The Beverage Company Proprietary Ltd (Bevco) “has executed an agreement dated March...
Strides Pharma to acquire Sandoz branded generics portfolio to expand Africa business
Strides Pharma International AG, a step‑down subsidiary of Bengaluru-based Strides Pharma Science, has entered into definitive agreements with Sandoz AG, Switzerland and its group entities for the acquisition and...
