Consultancy firm Accenture said on Thursday it will buy a majority stake in Dragos and fully acquire runZero and NetRise in a combined deal valued at $4.18 billion. Shares of the Dublin, Ireland-based company fell...
Economic Times
L’Oréal buys control of Innovist as India beauty battle intensifies
L’Oréal SA is acquiring a majority stake in Indian beauty startup Innovist, deepening its bet on one of the world’s fastest-growing personal care markets as global consumer companies race to secure high-growth digital...
Emirates NBD completes acquisition of RBL Bank
Emirates NBD has successfully completed the acquisition of a majority stake in RBL Bank Limited through a primary infusion of about $2.75 billion (Rs 26,000 crore), the two entities announced on Thursday. The...
Aurobindo Pharma clears key US hurdle in Lannett acquisition, closing expected soon
Indian generic drug giant Aurobindo Pharma announced on Friday that it is on the verge of pulling off a major expansion in the United States after clearing a critical regulatory hurdle. The Hyderabad-based...
Manipal Hospitals is said to plan $1 billion IPO in July
Manipal Health Enterprises Pvt., which runs the Manipal Hospitals chain, is likely to launch its initial public offering as early as next month, according to people familiar with the matter. The Temasek Holdings Pte...
Quantum tech firm EigenQ to go public in $3 billion SPAC deal
EigenQ will go public through a merger with blank-check company Silicon Valley Acquisition in a deal valuing the quantum tech firm at about $3 billion, they said on Wednesday. EigenQ’s core business includes...
Himalia Prime Assets acquires eco-resort near Bengaluru
Himalia Prime Assets, an asset development and management platform, has acquired Our Native Village– a sustainability-driven eco-resort on the outskirts of Bengaluru for Rs 25 crore. Spread across 4.65 acres, Our Native...
SPACs stage comeback as mega IPOs crowd market
Special-purpose acquisition companies (SPACs) are staging a comeback as a wave of blockbuster IPOs creates an opening for smaller firms seeking to go public without competing for investor attention against giants such...
Cloudnine’s 25% stake sale attracts top global PE firms
Global private equity firms TPG Capital, Advent International, CVC Capital Partners and Permira have been shortlisted for the next round of discussions to acquire a significant minority stake in Cloudnine, India’s...
Sodexo in talks to buy Shashi Catering
Sodexo is in talks to acquire Shashi Catering Services in what could become the largest acquisition in India’s contract food services and facilities management industry, people familiar with the matter, said. The...
CCI clears TVS Group’s acquisition of PGIM India AMC, Temasek-Romsons deal
Fair trade regulator CCI on Tuesday approved Chennai-based TVS Group entities’ proposal to acquire PGIM’s India asset management business and also cleared Temasek’s investment in medical devices maker...
Zydus Lifesciences completes acquisition of Assertio
Zydus Lifesciences Ltd on Tuesday said it has completed the USD 166.4 million acquisition of US-based pharma company Assertio Holdings Inc. The company has successfully completed the cash tender offer, through wholly...
