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...
Everstone puts off plan to sell stake in Restaurant Brands Asia
Everstone Capital has put on hold plans to sell its 13.17% holding in Restaurant Brands Asia (previously Burger King India) after deal talks with Advent International and General Atlantic did not go through and no new...
Hero Electronix’s Tessolve acquires German chip design firm for ₹400 crore
Semiconductor design company Tessolve, owned by Hero Electronix, has acquired Germany’s Dream Chip Technologies for ₹400 crore, in a deal that would enable the Bengaluru-based technology firm design more complex...
Bandhan Financial Services acquires global IT company Genisys
Bandhan Financial Services Ltd (BFSL), the promoter of Bandhan Bank, has acquired global information technology and business process services provider Genisys group of companies, which has its origin in London. This...
European Commission clears Reliance-Disney merger deal
The European Commission has approved the creation of a joint venture, Star India, by Reliance Industries Ltd (RIL), The Walt Disney Co. (TWDC), and BTS Investment 1, the latter owned by James Murdoch and Uday Shankar...
AO Smith Corp completes acquisition of Pureit from Hindustan Unilever
AO Smith Corporation announced on Friday that it has completed the acquisition of Pureit, a residential water purifier brand, from Hindustan Unilever. In July, both companies had announced that they had signed an...
