The Board of Directors of Gujarat Themis Biosyn (GTBL) and Themis Medicare (TML) have approved a Scheme of Amalgamation of Gujarat Themis Biosyn with Themis Medicare. The Scheme is subject to approval of the secured...
EaseMyTrip.com forays into study tourism with acquisition of Planet Education
EaseMyTrip.com announced the approval of acquisition of Planet Education Australia, an Australia-based comprehensive education services provider making a strategic investment of 49% paid-up share capital. This strategic...
Raghu Vamsi Group acquires UK-based PMC Group
Hyderabad based Raghu Vamsi Group, a Tier One manufacturer of high precision and hi-critical components, sub-assemblies, and systems for global OEMs like Boeing, GE Aviation, Honeywell, Rolls Royce, Collins Aerospace...
Transformers and Rectifiers acquires controlling stake Posco Poggenamp Electrical Steel
Transformers and Rectifiers (India) (TARIL) said that has decided to make a strategic investment in Posco Poggenamp Electrical Steel by acquiring a controlling stake. Posco Poggenamp Electrical Steel manufactures of...
Kovai.co acquires Bengaluru-based business-to-consumer SaaS company Floik
Coimbatore-based Kovai.co, a premier enterprise software and B2B (business-to-business) SaaS (software as a service) company providing revenue growth solution, announced on Wednesday the acquisition of Floik, a...
Board of BLS E-Services approves amendments in agreement for acquisition of Aadifidelis Solutions
The Board of BLS E-Services at its meeting held on 04 November 2024 has approved the amendment in Share Subscription and Purchase Agreement w.r.t. to acquisition of equity shares of Aadifidelis Solutions and its...
AO Smith Corp completes acquisition of Pureit from Hindustan Unilever
AO Smith Corporation announced on Friday that it has completed the acquisition of Pureit, a residential water purifier brand, from Hindustan Unilever. In July, both companies had announced that they had signed an...
Societe Generale sells its stake in IndusInd Bank for Rs 421 crore
Financial services company Societe Generale on Friday sold private sector lender IndusInd Bank’s shares for Rs 421 crore through an open market transaction. According to the bulk deal data available on the...
Strides Pharma Global, Singapore to acquire balance 30% stake in Strides Switzerland
Strides Pharma Global, Singapore (SPG), a wholly owned step-down subsidiary of Strides Pharma Science, is acquiring a balance stake in Strides Pharma International AG (formerly Fairmed Healthcare AG) (Strides...
US court blocks Tapestry’s $8.5 bn acquisition of rival Capri; win for FTC
A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a victory for the Federal Trade Commission that is a likely death blow for the deal. The decision...
Board of Infosys approves merger of subsidiaries
At meeting held on 17 October 2024 The Board of Infosys at its meeting held on 17 October 2024 has approved merger of WongDoody Inc (wholly owned subsidiary) and Blue Acorn iCi Inc, Outbox Systems Inc., d.b.a Simplus...
BP weighing sale of minority stake in offshore wind business: Report
BP is considering selling a minority stake in its offshore wind business, according to four sources with knowledge of the matter, the latest effort by CEO Murray Auchincloss to scale back the energy company’s...