Acquisition

Rs 1,000-cr IPO opens September 16

Anode materials will corner the largest share of investment as the company targets 60,000-tonne capacity by FY32

The drugmaker has more than ₹500 crore of capital available and is evaluating businesses that can add differentiated chemistry, regulatory access and export capabilities

Cyrix Healthcare, a portfolio company of Somerset Indus Capital Partners Fund III, has announced the acquisition of the MedTech Solutions business of Blue Star Engineering & Electronics Ltd (Blue Star E&E). The acquisition, effective September 1, 2026, aims to strengthen Cyrix's medical imaging capabilities and expand its "total MedTech management" platform across India, West Asia, and Africa, according to a release on Saturday. Cyrix Healthcare did not share financial details of the transaction. The move integrates Blue Star E&E's expertise in multi-brand CT and MRI systems, including sales, installation, and maintenance across more than 250 installations, into Cyrix's existing infrastructure. The acquisition also bolsters AURUM, Cyrix's refurbished medical equipment business, by enhancing its capacity to handle refurbished CT and MRI systems. According to the company, all existing customers of Blue Star E&E MedTech Solutions will continue to be supported by the same .

Tata Motors launched an all-cash voluntary tender offer to acquire all common shares of Iveco Group for EUR 14.10 per share, valuing the Italian commercial vehicle maker at approximately EUR 3.82 billion. The offer is being made through TML CV Holdings B.V., and the acceptance period will run from September 7 to October 26, 2026, according to a joint announcement by Tata Motors and Iveco Group on Friday. The offer price of EUR 14.10 per common share is on a cum-dividend basis. The transaction is the latest step in Tata Motors' proposed acquisition of Iveco, with the offer document having received approval from Italy's market regulator Consob. The approval cleared the way for the shareholder acceptance process. Iveco Group's Board of Directors has unanimously supported the transaction and recommended that shareholders accept the offer. It has also recommended that shareholders vote in favour of the resolutions relating to the offer at the Extraordinary General Meeting (EGM) schedul

ITC will hold about 73.4 per cent in the merged company, which will have over 19,000 employees, serve 800 customers and target $1 billion in annual revenue by FY28

The €320 million acquisition could pressure near-term margins due to MHP's onsite-heavy model, but offers TCS cross-selling opportunities and a stronger European presence

The deal became effective on Aug. 14, according to a regulatory filing, two months after SpaceX formally announced it had agreed to acquire the company.

Incoming CEO Raymond Stauffer will invest about ₹583 crore as Nazara strengthens its balance sheet to fund acquisitions, AI-led game development and business expansion

Electronic Arts is now privately owned after a Saudi-led consortium completed its $55 billion acquisition, adding EA to the Public Investment Fund's portfolio of gaming and technology investments

The acquisition gives the Mumbai-based fintech access to 34 UAE banks, expands its issuing-side capabilities and takes the combined business to over $30 million in annual revenue

The ₹3,500-crore acquisition makes ITC India's largest integrated paperboards and paper company, raising capacity by over 50% to around 1.5 million tonnes

The private equity firm has taken control of the BSE-listed drugmaker, appointed Vikas Gupta as CEO and plans to build a branded generics platform in India

Lakshmi Mittal's bid to acquire Rajasthan Royals has triggered a London lawsuit, with minority shareholders alleging they are being forced to sell shares for just £1

The private equity firm will back the 55-year-old company's global expansion, with its Asia team leading growth in India, the Middle East and China

Punjab National Bank (PNB) managing director and CEO Ashok Chandra has said that the bank would enter into acquisition finance in the third quarter of the current financial year as the RBI recently opened the window for lenders. Earlier this year, the Reserve Bank came out with final guidelines on acquisition finance by banks, increasing the lending limit to up to 75 per cent of the deal value from the 70 per cent proposed in the draft rules. "The acquisition finance market is a very, very big market and ample opportunities are there in the system. We have got our policy approved for the acquisition financing in the last board meeting," he told PTI in an interview. "We are looking for a good partner and then maybe from Q3 onwards, we will be initiating some work in the acquisition financing," he said. To begin with, he said, the bank would be starting acquisition finance with the domestic entities, and this will help the bank to diversify their asset portfolio. While permitting th

Shares of Samsung Biologics declined as much as 3.3% in Seoul on Monday. PolyPeptide shares jumped as much as 5.6%

Edtech firm completes the second tranche of its investment in Sarrthi IAS, taking majority control as it strengthens its presence in the civil services test-preparation market

Firm aiming to build India's first AI Native Realty Operating System

HCLTech on Thursday announced the acquisition of Guardian India Operations for USD 10.5 million (about Rs 101 crore), a deal that will see nearly 2,000 employees of the US-based firm transition to the tech giant under a seven-year partnership with Guardian Life Insurance. Under the agreement, HCLTech will acquire a 100 per cent stake in the entity, which serves as the technology and operations Global Capability Centre (GCC) for the American company. Guardian Life Insurance Company of America is a leading provider of insurance, retirement, wealth management and employee benefits solutions. "Nearly 2,000 employees (of Guardian India ) will integrate into HCLTech with the establishment of a dedicated Strategic Business Unit focused exclusively on supporting Guardian to drive technology innovation, engineering excellence, operational transformation and maturity across Guardian's products and services," HCLTech said in a regulatory filing. Karunakaran Azhisur, currently the Country Head