The software division of IT conglomerate HCLTech, HCLSoftware, announced on 22 December that it will buy Wobby, a startup based in Antwerp that specialises in AI data analyst bots. The all-cash transaction, which costs $5.2 million (€4.5 million), is HCL's most recent attempt to integrate "
In order to purchase Vibrant Energy, which has a 1337 MW portfolio, Inox Clean Energy Ltd has finalised agreements with Macquarie Corporate Holdings Pty Ltd, based in Australia, and other shareholders. The INOXGFL Group company, situated in Noida, did not reveal the deal value, although industry insiders said it was
Since 1999, Avendus Capital has provided advice on hundreds of transactions, and it has recently emerged as one of India's fastest-growing dealmakers by assisting up-and-coming IT tycoons in raising capital. The founders, Gaurav Deepak, Kaushal Aggarwal, and Ranu Vohra are now millionaires. Mizuho Financial Group Inc. announced on
On 20 December, Fortis Healthcare announced that it had signed an agreement to pay INR 430 crore to acquire People Tree Hospital in Bengaluru. Through a 100% acquisition of TMI Healthcare Pvt Ltd, the organisation that runs the People Tree Hospital business, the company has finalised agreements to purchase the
A final agreement has been reached by HCL Technologies (HCLTech) to purchase the Telco Solutions division from Hewlett Packard Enterprise (HPE) for a maximum consideration of $160 million. The company stated in a stock exchange statement on 18 December that the deal is set up as an all-cash asset carve-out.
Mizuho Financial Group Inc. is making its most recent wager on India's quickly growing financial services industry by purchasing a majority share in the investment bank Avendus Capital Pvt., which is backed by KKR & Co. The third-biggest bank in Japan announced on 17 December that a significant
The consumer products division of Reliance Industries is once again looking to enter a new market by purchasing a smaller brand. The business is well-known for acquiring lesser historical brands like Velvette shampoos and Campa Soft Drinks. It was recently separated off from Reliance Retail to become a direct division
The data streaming pioneer Confluent, Inc., and IBM have announced that they have reached a final agreement whereby IBM would pay $31 per share, or an enterprise value of $11 billion, for all of Confluent's issued and outstanding common shares. Confluent is a top-tier open-source enterprise data streaming
According to various media reports, Netflix is in exclusive negotiations to purchase Warner Bros. Discovery's film and television studios as well as its streaming assets for $28 per share. Following initial acquisition proposals from Netflix, Paramount Skydance, and Comcast, the parent company of HBO, which has been considering
In a $10 billion agreement, Pfizer Inc. has agreed to buy Metsera Inc., a weight-loss medication firm. This purchase comes after a heated bidding war with Novo Nordisk A/S, a rival pharmaceutical business. According to Bloomberg, this disclosure places Pfizer in a strong position to win the startup'
For a total cash consideration of 75 million euros (more than INR 775 crore), the multinational product engineering and digital services company Tata Technologies said on 13 September that it will purchase a 100% ownership in the Germany-based ES-Tec Group and its subsidiaries. According to a statement from Tata Technologies,
To increase its presence in children's psychological needs, AI-focused mental health startup LISSUN acquired US-based digital mental health provider Being Cares Inc. The business did not, however, provide the deal's financial details. According to LISSUN, the acquisition will enable it to broaden its offerings to address
According to a formal announcement, Tilaknagar Industries, the company behind Mansion House, the best-selling brandy brand in India and the second-best-selling brand worldwide, has finalised the agreement to purchase the Imperial Blue whisky business division from the Indian branch of the French liquor giant Pernod Ricard for INR 4,150
According to media sources, the Adani group has emerged as the front-runner to purchase Jaiprakash Associates Ltd (JAL), which is presently going through insolvency processes, with a bid of up to INR 12,500 crore. With no limitations attached, the company has offered an upfront payment of about INR 8,
In an exchange filing on June 27, JSW Paints Limited stated that it has finalised agreements to buy up to 74.76% of Akzo Nobel India Limited (ANIL) from Akzo Nobel N.V. and its affiliates. The deal was cracket for a maximum consideration under the Share Purchase Agreement of
As it enters the high-tech alumina market, Hindalco Industries Ltd plans to pay $125 million to acquire US-based speciality alumina manufacturer AluChem Companies Inc. According to Saurabh Khedekar, CEO of Hindalco's alumina division, the acquisition will allow the company to expand its product line and get access to
The Mumbai-based clean room partition maker GMP Technical Solutions is valued at INR 185 crores, and Japanese giant Shinryo Corporation has announced that it will purchase an 85% ownership in the company. Vascon Engineers Ltd., an engineering and realty company located in Pune, would sell its stake to Shinryo. The