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...
Haldiram Snacks’ promoters revise stake sale plans, look to offload 10-15%
The promoters of Haldiram Snacks Food Pvt Ltd, one of India’s leading snack manufacturers, have revised their plans to sell a majority stake in the company. They are now looking to offload 10-15 per cent minority stake...
AGR Knowledge Services Acquires Germin8’s Services Business to Expand Global Insights Capabilities Armed with AI and Analytical Intelligence
AGR Knowledge Services, a leading tech-driven business research and insights firm, has acquired Germin8’s services business. Germin8 is a tech-driven company focused on enhancing customer experience through AI...
Sudarshan Chemical to acquire Germany-based Heubach Group
Sudarshan Chemical Industries has entered into a definitive agreement with the Germany-based Heubach Group, on its acquisition in a combination of an asset and share deal. This strategic acquisition will create a global...
Saregama India soars on buzz of Dharma Productions acquisition
Saregama India soared 8.76% to Rs 635, fueled by reports suggesting the company is in talks to acquire a majority stake in Dharma Productions, a prominent film production house owned by Bollywood filmmaker Karan Johar...
Evexia Lifecare Embarks on Global Expansion Spree with Strategic Acquisitions in Healthcare
The company invests an enormous Rs190 crores in the healthcare industry of the United Arab Emirates and acquires 51% share in Vittal’s MediCare. Evexia Lifecare Limited, a leading name in the pharmaceutical and...
