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acquisition

Bengal to acquire 110 acres land for Bagdogra airport expansion

Bengal to acquire 110 acres land for Bagdogra airport expansion

Sat, Dec 08, 2018

"We have to give the 110 acres land to the Airport Authority of India for expansion of Bagdogra airport. We are actively pursuing for it," Tourism Minister Goutam Deb said on the sidelines of the Infocom 2018.

UP govt releases Rs 640 crore for land acquisition of Bundelkhand Expressway

UP govt releases Rs 640 crore for land acquisition of Bundelkhand Expressway

Sat, Nov 17, 2018

In a tribute to former prime minister Atal Bihari Vajpayee, the UP government had decided to name the proposed Bundelkhand Expressway as Atal Path, which is likely to pass through Bateshwar in Agras Bah tehsil, the ancestral village of Vajpayee.

JSW Steel agrees to buy US-based Acero Junction for $81 million

JSW Steel agrees to buy US-based Acero Junction for $81 million

Thu, Mar 29, 2018

The deal comes shortly after the steelmaker`s U.S. unit signed an agreement on Monday with the Texas governor`s office to invest $500 million to build out its operations in Texas, amid heightened global trade tensions following US President Donald Trump`s decision to pursue steep import tariffs.

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Cognizant to acquire Australia's Adaptra for 'undisclosed sum'

Cognizant to acquire Australia's Adaptra for 'undisclosed sum'

Sat, Dec 17, 2016

Nasdaq-listed IT major Cognizant has entered into an agreement to acquire Australia-based consulting, business transformation and service provider Adaptra, for an "undisclosed sum".

Delivery Hero acquires Rocket Internet-backed startup Foodpanda

Delivery Hero acquires Rocket Internet-backed startup Foodpanda

Sat, Dec 10, 2016

Berlin-based online food takeaway service Delivery Hero, one of Europe`s biggest start-ups, will acquire competitor Foodpanda, a sign of further consolidation to fend off new competition in Europe`s sought after food-delivery business.

Japan's TDK in talks to buy iPhone supplier InvenSense

Japan's TDK in talks to buy iPhone supplier InvenSense

Sat, Dec 10, 2016

Japanese electronic parts maker TDK Corporation is in talks to acquire InvenSense Inc, a US chip maker that produces motion sensors for Apple Inc and Samsung Electronics Co, people familiar with the matter said on Friday.

Chinese travel site Ctrip buys Skyscanner for $1.7 billion

Chinese travel site Ctrip buys Skyscanner for $1.7 billion

Thu, Nov 24, 2016

China’s largest online travel agency Ctrip will buy British flight search app Skyscanner for $1.7 billion, the companies said, as it steps up its overseas ambitions.

Tesla defends plan to acquire renewable energy firm SolarCity

Tesla defends plan to acquire renewable energy firm SolarCity

Wed, Nov 02, 2016

Tesla on Tuesday defended its controversial plan to acquire renewable energy company SolarCity, painting it as a financially smart move toward a more environmentally friendly future.

Mahindra acquires UK motorcycle company BSA for Rs 28 crore

Mahindra acquires UK motorcycle company BSA for Rs 28 crore

Fri, Oct 21, 2016

The company was acquired through its subsidiary Classic Legends Private Limited (CLPL).

MMT-ibibo deal: Can M&As turn the tide for online travel companies in India?

MMT-ibibo deal: Can M&As turn the tide for online travel companies in India?

Thu, Oct 20, 2016

The valuation of the company has now risen to $1.8 billion, according to Morgan Stanley, while investors peg valuation at $2.9 billion.

Dai-ichi Life eyes stake in Union KBC AMC

Dai-ichi Life eyes stake in Union KBC AMC

Thu, Oct 20, 2016

"Dai-ichi Life stands to be a strong contender due to its global expertise in providing financial services and also, the bank already has a life insurance JV with the company," the source said.

MakeMyTrip expands in fast-growing market with ibibo buy

MakeMyTrip expands in fast-growing market with ibibo buy

Wed, Oct 19, 2016

India`s oldest travel website operator MakeMyTrip Ltd said it would buy rival ibibo Group to create the biggest player in the fast-growing flight, hotel and bus bookings market in the country.

MakeMyTrip acquires ibibo Group for nearly Rs 12,000 crore

MakeMyTrip acquires ibibo Group for nearly Rs 12,000 crore

Tue, Oct 18, 2016

The ibibo Group, which is owned by global technology group Naspers Ltd, has agreed to pursue a transaction that will combine the two businesses under MakeMyTrip. This will create one of the leading travel groups in India.

Merger and acquisition deals in India highest since 2010

Merger and acquisition deals in India highest since 2010

Tue, Oct 11, 2016

Prior to this M&A in terms of deal value reached its highest in 2010 were it stood at $57.1 billion and was driven by industry consolidations and restructurings.

Piramal Enterprises to buy 5 brands from Janssen Pharmaceutica for nearly Rs 1,030 cr

Piramal Enterprises to buy 5 brands from Janssen Pharmaceutica for nearly Rs 1,030 cr

Mon, Oct 10, 2016

With an aim to boost its healthcare business, Piramal Enterprises announced on Monday that its UK-based unit Piramal Critical Care will acquire five anesthesia and pain management injectable products from Janssen Pharmaceutica NV for an upfront consideration of $155 million (nearly Rs 1,031.2 cr

US drugmaker Pfizer abandons plan to split into two companies; stock falls nearly 2%

US drugmaker Pfizer abandons plan to split into two companies; stock falls nearly 2%

Mon, Sep 26, 2016

US drugmaker Pfizer Inc, which has been considering a split into two companies for more than two years, said on Monday it would not do so because the move would not create any shareholder value.

Heritage Group's shares rise by 12% on confirmation of talks with Future Group

Heritage Group's shares rise by 12% on confirmation of talks with Future Group

Mon, Sep 19, 2016

It was reported that Kishore Biyani headed Future Group is in advance talks to acquire the retail arm of Heritage Foods.

HDFC ERGO acquires 100% stake of L&T General Insurance

HDFC ERGO acquires 100% stake of L&T General Insurance

Fri, Sep 09, 2016

"The board of Directors of HDFC ERGO General Insurance - a non listed subsidiary of us had approved the acquisition of 100% equity shares in L&T General Insurance for an aggregate amount of Rs 551 crore, subject to reciept of requisite approvals." HDFC said in a statement.

Death by acquisition: Here's how ecommerce firms plan to kill competition

Death by acquisition: Here's how ecommerce firms plan to kill competition

Wed, Aug 17, 2016

The ecommerce segment is going through a phase where top firms are getting rid of competition by way of acquisition and a few months later shutting it.

Lupin to acquire 21 branded products from Japan's Shionogi

Lupin to acquire 21 branded products from Japan's Shionogi

Tue, Aug 02, 2016

Pharma company Lupin's Japanese subsidiary Kyowa Pharmaceutical Industry has entered into a strategic asset purchase agreement with Shionogi & Co., on August 1.

Google takes acquisitions to the next level with six companies during 2016

Google takes acquisitions to the next level with six companies during 2016

Sat, Jul 09, 2016

Just this week it had acquired two companies, ie Moodstocks and Anvato.

UltraTech agrees to buy JP Associates' cement plants for nearly Rs 16,000 crore

UltraTech agrees to buy JP Associates' cement plants for nearly Rs 16,000 crore

Mon, Jul 04, 2016

UltraTech Cement, an Aditya Birla Group company, has agreed to acquire Jaiprakash Associates' cement plants of 21.2 million tonnes per annum (MTPA) capacity at an enterprise value of Rs 16,189 crore.

Why artificial intelligence startups are most sought-after in last 4 years

Why artificial intelligence startups are most sought-after in last 4 years

Thu, Jun 30, 2016

There have been over 20 acquisitions of AI startups in 2016 itself. The most recent being Twitter's acquisition of visual-processing startup Magic Pony Technology.

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