Aurobindo Pharma on Tuesday said that it will pick up an additional 20 per cent stake in its China-based joint venture for USD 5.12 million. Helix Healthcare BV, a wholly-owned subsidiary of the company, has entered...
ServiceNow to buy cybersecurity startup Armis for $7.75 billion
ServiceNow has agreed to buy cybersecurity startup Armis for $7.75 billion in cash, the companies said on Tuesday, as the enterprise software maker looks to attract new customers amid growing risks of cyberattacks...
Tata Steel plan to buy BlueScope gets CCI nod
The Competition Commission of India said Tuesday it has approved Tata Steel Ltd’s proposed acquisition of sole control in Tata BlueScope Steel Pvt Ltd by purchasing the remaining 50% equity shareholding currently...
HCLSoftware to acquire business intelligence platform Jaspersoft for $240 million
HCLSoftware, the software business division of IT services company HCLTech, intends to acquire Jaspersoft, the business unit of Cloud Software Group, for $240 million in cash, the company has announced. The deal is...
HCLSoftware set to buy agentic AI firm Wobby for $5.3 million
HCLSoftware, the software business division of IT services firm HCLTech, intends to acquire AI data analyst agents startup Wobby for €4.5 million (about $5.3 million) in cash, the company said on Monday. The Antwerp...
China clears Haier to dilute stake in India arm; Bharti–Warburg set to buy 49%: Sources
Chinese electronics major Haier has received the approval from the Chinese government to sell 49% stake in the wholly-owned Indian arm, Haier Appliances India, paving the way for the stake sell to Bharti Enterprises...
Adani’s Ambuja Cements approves merger of ACC and Orient Cement; to create pan-India cement giant
Ambuja Cements Ltd, part of the Adani Group, on Monday said its board has approved separate schemes of amalgamation to merge ACC Ltd and Orient Cement Ltd into Ambuja, a move aimed at creating a single, consolidated...
UK Paints to acquire additional 14.48 pc stake in Berger Paints via internal restructuring
UK Paints (India) Private Limited, a key member of the promoter group of Berger Paints India Limited, has informed that it will acquire a 14.48 per cent stake in the paint major through an internal restructuring. The...
Inox Clean Energy acquires Macquarie’s Vibrant Energy
Inox Clean Energy Limited has acquired Vibrant Energy, a Macquarie-owned renewable energy independent power producer (RE IPP), Inox said on Sunday. The deal has valued Vibrant at $200 million (equity), said sources...
NCLT clears merger of Amazon marketplace with logistics arm
The National Company Law Tribunal (NCLT) has allowed the merger of Amazon Transportation Services (ATSPL) with Amazon Seller Services (ASSPL), paving the way for the local arms of the US-based ecommerce firm to...
SAMIL in talks to acquire Nexans Autoelectric wiring harness biz at 207 mn euros enterprise value
Auto components major Samvardhana Motherson International Ltd on Monday said it has entered into talks to acquire the global wiring harness business of Nexans autoelectric GmbH at an enterprise value of 207 million...
Alphabet to buy clean energy developer Intersect in $4.75 billion deal amid AI push
Alphabet said on Monday it would buy clean energy developer Intersect for $4.75 billion in cash, plus assumed debt, as tech giants spend billions to expand the computing and power capacity necessary for developing...
