M&M to Buy 3.53% Stake in RBL Bank Worth Rs 417 Crore
On July 26, Mahindra & Mahindra (M&M) confirmed that it had developed a stake of 3.53% in private lender RBL Bank for Rs 417 crore....
Tag : Acquisition
Bain Capital Deal to Acquire Adani Capital; Gaurav Gupta Stays MD
Bain Capital has entered into an agreement to obtain 90% of Adani Capital and Adani Housing. The transaction will buy out 100% of the Adani...
Orient Cement Signs Shareholders’ Agreement with Cleantech India to Acquire Stake in Ardeur Renewables
The CK Birla Group cement company announced in an exchange filing that it has entered into an agreement with Cleantech Solar via a special purpose...
Sun Pharma Proposes to Acquire Remaining Stake in Taro Pharmaceutical Industries in All-Cash Deal
Indian pharma giant Sun Pharma has offered to acquire the shares of Taro Pharmaceutical Industries that it does not already own for $38 apiece via...
IBM Confirms Acquisition of Polar Security, Reportedly for $60 Million
IBM has officially announced its acquisition of Polar Security, a pioneering provider of automated cloud data security and compliance solutions. While the financial details were...
Founders of Goldman-backed ZestMoney Resign After Acquisition Deal with PhonePe Fails
Founders of Bengaluru-based ZestMoney, a Buy Now Pay Later (BNPL) startup backed by Goldman Sachs, resigned on May 15 after it failed to raise fresh...
BharatPe Acquires 51% Stake in Mumbai-based NBFC Trillion Loans
Fintech Leader, BharatPe, has purchased a 51% share in Mumbai-based Trillion Loans, a non-banking finance company, to expand its loan book. As a result of...
Godrej Consumer Buys Raymond’s FMCG Business for Rs 2,825 Crores in an All-Cash Deal
Godrej Consumer Products Limited (GCPL) would pay Rs 2,825 crores for the FMCG business of Gautam Singhania-led Raymond Consumer Care Limited (RCCL) to get a...
Sequoia-backed GoMechanic acquired by Lifelong Group 2 months after fraud
GoMechanic, a car servicing startup based in Gurugram, has been acquired by Servizzy, a consortium led by the Lifelong Group. The group is an Indian...
AMC Entertainment Shares Zoom After Reports Suggesting Acquisition by Amazon
On Tuesday, AMC Entertainment’s shares jumped as much as 20% after it was reported that Amazon was considering acquiring the struggling movie theatre chain. According...