HCLSoftware, the software business division of IT services firm HCLTech, intends to acquire AI data analyst agents startup Wobby for €4.5 million (about $5.3 million) in cash, the company said on Monday. The Antwerp...
China clears Haier to dilute stake in India arm; Bharti–Warburg set to buy 49%: Sources
Chinese electronics major Haier has received the approval from the Chinese government to sell 49% stake in the wholly-owned Indian arm, Haier Appliances India, paving the way for the stake sell to Bharti Enterprises...
SAMIL in talks to acquire Nexans Autoelectric wiring harness biz at 207 mn euros enterprise value
Auto components major Samvardhana Motherson International Ltd on Monday said it has entered into talks to acquire the global wiring harness business of Nexans autoelectric GmbH at an enterprise value of 207 million...
Varun Beverages shares jump 2% on approving Rs 1,119 crore Twizza acquisition, Citi expects 44% upside
Shares of Varun Beverages Ltd (VBL) jumped 2.2% to an intraday high of Rs 480 on the BSE on Monday, December 22, after the company’s Board of Directors approved the acquisition of South Africa-based Twizza Proprietary...
Varun Beverages to acquire South African beverage firm Twizza at enterprise value of Rs 1,118.7 crore
Varun Beverages, PepsiCo’s largest franchise bottler, on Sunday announced to completely acquire South Africa-based firm Twizza, through its its own local subsidiary there – The Beverages Company Proprietary...
1Point1 Solutions to acquire Costa Rica BPM firm Netcom
1Point1 Solutions (1Point1), a provider of AI-driven business process management (BPM) solutions, has entered into a definitive share purchase agreement (SPA) to acquire Netcom Business Contact Center S.A., a Costa Rica...
HCLTech to buy telco solutions business from HPE
HCLTech, India’s third-largest IT services firm, on Thursday announced that it has signed an agreement to purchase the telco solutions business of US-headquartered Hewlett Packard Enterprise (HPE) for up to $160 million...
Haldiram’s enters strategic partnership with L Catterton
Global consumer-focused investment firm L Catterton on Thursday announced a strategic partnership and investment in India’s largest ethnic snacks company Haldiram’s. The consumer-focused investment firm backed by...
Board of Spice Lounge Food Works approves acquisition of Singapore based Prisha Infotech
Spice Lounge Food Works announced that its Board of Directors has approved the acquisition of 100% stake in Singapore based Prisha Infotech, for a total consideration of $1,50,000 marking a strategic expansion into...
Mizuho Financial Group acquires Avendus from KKR
Mizuho Financial Group is buying a controlling stake in home grown investment bank Avendus, giving KKR an exit from its nine-year old investment, as Japanese mega banks continue to pick India to deploy significant...
Shriram Finance board to weigh stake sale to MUFG
Shriram Finance’s board would meet Friday to likely consider an equity stake sale in the vehicle financier to Japanese banking giant, the Mitsubishi UFJ Financial Group (MUFG). Shriram said in a customary filing...
Japanese giant Mizuho to acquire majority stake in India’s Avendus from KKR
Avendus, an Indian institutional financial services firm, said on Wednesday that Redpoint Investments, an affiliate of KKR, will sell its stake in the company to Mizuho Securities Co. Ltd, a unit of Mizuho Financial...
