India’s largest drug maker, Sun Pharmaceutical Industries, has completed its acquisition of US-based Checkpoint Therapeutics for approximately $355 million. This strategic move significantly strengthens Sun Pharma’s...
Tenable strategically plans to acquire Apex Security
Tenable has announced plans to acquire Apex Security, a company specialising in securing AI-related risks. This acquisition aims to strengthen Tenable’s ability to help organisations identify and reduce cyber threats...
Omnicom-IPG Merger: What happens to their six creative agencies?
The global advertising world is bracing for seismic shifts as Omnicom Group inches closer to acquiring Interpublic Group (IPG), with the merger expected in the latter half of this year. The deal would consolidate two of...
RPs can now invite interim finance providers to CoC meetings – IBBI Amendments
The Insolvency and Bankruptcy Board of India (IBBI) has introduced significant changes to the corporate insolvency framework by notifying the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for...
Zscaler to boost AI security with Red Canary acquisition
Zscaler is acquiring Red Canary to create an AI-powered security system that detects threats faster and more accurately. Combining Zscaler’s vast data with Red Canary’s threat detection expertise will transform how...
Razorpay completes reverse flip from US to India
Y Combinator and Peak XV-backed fintech unicorn Razorpay has completed its reverse flip process, shifting its parent company’s domicile from the United States to India, documents accessed by Moneycontrol show...
Shell to buy TotalEnergies’ stake in Nigeria deepwater field for $510 million
TotalEnergies has signed an agreement with Shell to sell its 12.5% interest in the Bonga oil field, offshore Nigeria, for $510 million. The OML118 Production Sharing Contract (PSC) is located deep offshore at ~74 mi...
Corporate insolvency cases fall 28% to 724 in FY2025; recoveries still low: ICRA
Fewer companies went through the insolvency process under the Insolvency and Bankruptcy Code (IBC) in financial year (FY) 2025, according to the credit rating firm ICRA. As per the ICRA, only 724 companies were admitted...
Hailey Bieber’s Rhode brand sold to e.l.f. Beauty in $1 billion deal targeting Gen Z
Model Hailey Bieber’s makeup and skincare brand, Rhode, is being snapped up by Elf Beauty ELF.N for about $1 billion, giving the budget cosmetic retailer access to a celebrity-endorsed product line that has become...
ExxonMobil to sell French subsidiary Esso to Canadian energy group
With the exception of those part of the previously announced redundancy plan, all of the approximately 1,350 employees in France will be retained and remain on the same employment terms and conditions. The acquisition...
CCI Approves Jumbotail’s Acquisition of Solv India; Multi-Party Equity Deal Cleared
The Competition Commission of India (CCI) has approved a complex, multi-layered proposed combination involving Jumbotail Technologies Pvt. Ltd. (JTPL), Standard Chartered-backed entities, and a network of investors and...
Salesforce Signs Definitive Agreement to Acquire Informatica
Thoma Bravo and Cloud Software Group were part of the five interested buyers of the asset, that person and another person familiar with the process said. Salesforce said it would buy Informatica for about $8 billion...
