Hong Kong investment firm EmergeVest is eyeing takeover targets globally for its portfolio company EV Cargo, as part of efforts to bolster revenue for the logistics services provider, the chief executive of the...
Dr Reddy’s Laboratories planning mergers and acquisitions to climb up ladder
Dr Reddy’s Laboratories said it aims to be among the top five drugmakers in India, largely driven by mergers and acquisitions (M&A) of brands, companies and in-licensing deals targeting chronic categories...
SJS Enterprises looks for acquisitions to aid diversification, overseas expansion
SJS Enterprises, a listed manufacturer of logos and other aesthetic products, is on the lookout for acquisition opportunities overseas as well as within the country with an aim to diversify both geographically and...
Tata Tech eyes acquisitions, 69% growth to nearly $800 mn by 2025
Tata Technologies (Tata Tech) is expected to grow 69 per cent to about $800 million by 2025, up from $473 million during 2021-22, driven by an increase in demand in the electric vehicle space and aviation, a top company...
How Broadcom CEO Hock Tan shaped a tech giant through acquisitions
Once a poor “skinny kid” from Malaysia, Hock Tan was going head-to-head with a legendary US technology mogul for a transformative acquisition. Tan placed a call earlier this month to VMware Inc Chairman...
IPO plan okayed, TVS Supply Chain Solutions may go in for acquisitions
TVS Supply Chain Solutions, a part of TVS Mobility Group, has obtained Sebi’s approval to raise funds through initial share sales. It will be the first TVS Group entity to go public in more than two decades and a...
Tata steel to grow organically, new acquisitions unlikely this decade: MD
Tata Steel Ltd will look to grow organically, and the steel giant is under “no pressure” to look at fresh acquisitions during this decade, Chief Executive Officer and Managing Director T V Narendran said...
Cognizant Plans To Make Fewer Acquisitions This Year
Cognizant Technology Solutions Corp. has posted an 11.5% growth in March quarter net profit to $563 million, and revised its full-year revenue growth guidance for 2022 to 9-11% in constant currency terms. In an...
Acquisitions in underpenetrated spots, not looking at small targets: Wipro CFO Jatin Dalal
IT services provider Wipro will continue to acquire companies in “spots” that are underpenetrated and look at only large targets that can be scaled up, chief financial officer Jatin Dalal told ET. The Bengaluru-based...
UK-based investor Nithia Capital eyes more acquisitions in steel space
UK-based global advisory and investment firm, Nithia Capital, which recently snapped up Crest Steel and Power, is eyeing more acquisitions. “There are at this point three or four active transactions that we are pursuing...
At $30.3 billion, mergers and acquisitions hit four-year high in March quarter
Mergers & acquisitions started off on a strong footing, hitting a four-year high at USD 30.3 billion in the first quarter of 2022, bucking the global trend where deal-making fell sharply, says a report. Deal...
Asian Paints’ new acquisitions unlikely to add colour to its business soon
Asian Paints announced the acquisition of two companies – one engaged in decorative lighting and another in fenestration. These are small acquisitions enabling the company’s foray into these two new segments...