S P Apparels Ltd (SPAL), a leading apparel manufacturer and exporter, has signed a definitive agreement to acquire Young Brand Apparel Private Limited (YBAPL), a subsidiary of Bannari Amman Spinning Mills, for a value...
CCI approves JSW’s acquisition of up to 38% stake in MG Motor India
The Competition Commission of India (CCI) has given its approval for Sajjan Jindal-promoted JSW Group’s proposed acquisition of up to 38 per cent stake in MG Motor India. “The Acquirer is a newly...
CCI greenlights Tata Electronics’ acquisition of iPhone supplier Wistron Infocomm
The Competition Commission of India (CCI) has granted approval for the Tata Electronics-Wistron deal. This proposed combination involves the acquisition of 100 per cent equity share capital of Wistron Infocomm...
EU antitrust regulator intends to block Amazon’s iRobot acquisition – WSJ
The European Union’s competition watchdog plans to block Amazon.com’s $1.4 billion acquisition of robot vacuum maker iRobot, The Wall Street Journal said on Thursday, citing people familiar with the matter...
Nippon Steel confident of completing US Steel acquisition
Japan’s top steelmaker Nippon Steel is confident of successfully completing its planned acquisition of U.S. Steel, despite opposition from labour union and certain U.S. senators, its president said on Friday. The...
US judge allows FTC to temporarily block IQVIA acquisition of DeepIntent
A U.S. court on Friday upheld a Federal Trade Commission (FTC) order to block IQVIA’s acquisition of DeepIntent, a healthcare advertising firm, as it may harm competition. DeepIntent, owned by Propel Media, a digital...
CCI clears stake acquisition deal in Reliance Capital by IndusInd bank
Fair trade regulator Competition Commission of India said it has cleared the proposed stake acquisition in Reliance Capital by IndusInd International Holdings Ltd, IIHL BFSI (India) Ltd, and Aasia Enterprises. Reliance...
Zomato denies acquisition rumours of Shiprocket
Food delivery platform Zomato has rejected a news report claiming that the company will acquire startup Shiprocket for $2 billion. In a BSE filing, Zomato informed, “We have noticed that there are certain news...
Australian competition regulator approves Viva Energy’s acquisition of OTR Group
The Australian competition regulator on Thursday approved Viva Energy’s acquisition of convenience store operator On the Run (OTR Group) from Peregrine for A$1.15 billion ($765.90 million), sending the fuel...
NCLAT stays CCI penalty on NTPC for non-disclosure on acquisition of Ratnagiri Gas & Power shares
The National Company Law Appellate Tribunal (NCLAT) has stayed a CCI order that imposed a penalty on state-owned power producer NTPC for not disclosing the acquisition of 35.47 per cent equity share capital in Ratnagiri...
NARCL finalises acquisition of two SREI companies
The National Asset Reconstruction Company (NARCL) has finalised the acquisition of the two SREI companies – SREI Equipment Finance and SREI Infrastructure Finance — under the Insolvency and Bankruptcy Code (IBC)...
Danaher completes $5.7 billion acquisition of Abcam
Medical tools supplier Danaher said it has completed the $5.7 billion acquisition of Abcam, overcoming the initial opposition from the founder of the protein consumables maker. Danaher agreed to buy Abcam in September...