Gainwell Group, India dealer of Caterpillar heavy equipment, acquired TIL Ltd (formerly Tractors India) and infused Rs 120 crore into the Kolkata-based construction equipment maker that includes Rs 70 crore for...
Gokaldas Group latest move: Acquisition from Atraco Group for Strategic Expansion
Gokaldas Exports Limited (GEL) is a leading readymade garment manufacturer and exporter in India, engaged in the business of design, manufacture and sale of a wide range of readymade garments for men, women and kids...
RIL may sell 8-10% more in Rel Retail ventures to fund expansion
Reliance Industries is likely to sell another 8-10% stake in Reliance Retail Ventures Ltd (RRVL) to fund expansion, retire debt and prepare for the initial public offering of the conglomerate’s retail business...
FC Barcelona plans to list digital unit on Nasdaq via SPAC, Expansion reports
Spanish soccer club FC Barcelona plans to list its digital unit Barca Media on the Nasdaq Stock Market through the creation of a special purpose acquisition company (SPAC), newspaper Expansion reported on Friday citing...
MG Motor India plans stake sale to fuel expansion
MG Motor India, a subsidiary of China’s SAIC Motor, is looking at diluting its majority stake in the company to Indian entities to fund its expansion plans in the country over the next five years. It plans to invest Rs...
Medi Assist to acquire Raksha Insurance TPA in expansion push
Health insurance third-party administrator Medi Assist is set to acquire 100% stake in Raksha Insurance TPA in what could be the largest deal in third-party administrator or TPA space, its CEO Satish Gidugu told ET. The...
China’s NetEase buys Halo co-developer SkyBox Labs in global expansion drive
NetEase Inc said it had acquired Canadian gaming studio SkyBox Labs, best known for co-developing hits including Halo Infinite and Minecraft, as China’s second-largest video games firm steps up a global expansion effort...
Libra Group unit acquires German tanker firm in shipping expansion
A subsidiary of global private business group Libra has acquired German tanker company Carl Büttner Holding (CB) for close to $160 million, the unit said on Monday in its latest expansion into shipping. Lomar –...
Telefonica to sell majority stake in Peru fibre network, Expansion says
Spanish telecom firm Telefonica is in talks to sell a controlling stake in its fibre network in Peru to U.S. buyout fund KKR, Expansion newspaper reported on Thursday, citing unidentified market sources. Expansion did...
Marex to buy ED&F Man Capital Markets for $220 mln in expansion drive
Commodity broker Marex has agreed to buy rival ED&F Man Capital Markets to boost its metals business and expand in fixed income and equities, Marex said. A source close to the situation said the takeover by Marex...
Global M&A braces for dry spell as boardrooms put expansion on hold
Global dealmaking is entering an arid season as raging inflation and a stock market rout curb the appetite of many corporate boards to expand through acquisitions. Russia’s invasion of Ukraine in February and...
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...