Adani Energy Solutions announced the conclusion of acquisition of 100% stake in Essar Transco (ETL) through its wholly owned subsidiary – Adani Transmission Step Two (ATST) on 15 May 2024. Consequently, ETL has...
Chinese EV maker Aiways to go public in US via deal with Hudson Acquisition SPAC
Chinese electric vehicle maker Aiways will go public via a merger with U.S. special purpose acquisition company Hudson Acquisition Corp in a deal that should value the company around $400 million, the two companies said...
Swan Energy update on acquisition of Reliance Naval & Engineering
Swan Energy announced that in accordance with the order of the Hon’ble NCLT, Ahmedabad Bench dated 23 December 2022, issuance of 1 equity share for every 275 equity shares held by the existing shareholders of RNEL...
Salasar Techno Engineering completes acquisition of EMC for Rs 178 crore
Salasar Techno Engineering Ltd (STEL) on Wednesday said it has paid Rs 168 crore as balance payment to complete the acquisition of EMC Ltd through an insolvency process. The total acquisition cost of the engineering...
Board of Mercury EV-Tech approves acquisition of majority stake in Traclaxx Tractors
The Board of Directors of Mercury EV-Tech at its held on 08 May 2024 approved the acquisition of 65% stake in Traclaxx Tractors, equivalent to 5,23,900 equity shares of Rs. 10 each at a price of Rs. 10 each, total...
Board of Datamatics Global Services approves acquisition of balance stake in JVC
The Board of Datamatics Global Services at its meeting held on 08 May 2024 has approved to acquire balance 23% stake in Datamatics Cloud Solution from CloudGrowth. On completion of the acquisition, the JVC will become...
Canarys Expands Global Presence with Strategic Acquisition in North America
Canarys Automations Limited (NSE – Canarys), a stalwart in the realm of digital transformation, embarks on an ambitious journey to broaden its horizons across continents. The company announces its strategic intent to...
NCLT OKs Macrotech Developers’ acquisition of Centaur Hotel owner’s V Hotels
A bankruptcy court approved Macrotech Developers’ acquisition of Mumbai-based V Hotels Ltd, owner of Tulip Star, earlier known as the iconic Centaur Hotel. Lodha Group-owned Macrotech Developers is paying around Rs 890...
After Magzter, Dailyhunt parent to pursue acquisitions more aggressively
VerSe Innovation, the parent of news aggregator Dailyhunt and short-video sharing app Josh, is “acquisition hungry”, as it embarks on a journey to expand its user base, explore monetization opportunities...
Adani arm completes 49% acquisition in Adani Esyasoft Smart Solutions
Adani Enterprises’ arm Adani Global Limited on Friday announced that it had completed the acquisition of a 49% stake in Adani Esyasoft Smart Solutions. The conglomerate’s intimation comes in connection with...
Board of Sandur Manganese & Iron Ores approves acquisition of 80% stake in Arjas Steel
The Board of Sandur Manganese & Iron Ores at its meeting held on 25 April 2024 has approved strategic business acquisition through purchase of 80% equity share capital of Arjas Steel (ASPL), by entering into a Share...
UST Strengthens Presence in the Australian Market with Strategic Acquisition of Leading Consulting Firm Strativity Group
UST, a leading digital transformation solutions company, today announced that it has acquired Strativity Group, a boutique strategy consultancy specialising in customer-centric transformations. Strativity is renowned...