Page 2 - Acquisition

Netflix's $5.8 billion breakup fee for Warner ranks among largest ever

Netflix's multibillion-dollar pledge is also a sign of how heated the bidding war got for control of the iconic Hollywood studio

Netflix in exclusive talks to buy Warner Bros Discovery assets at $28/share

Netflix is aggressively diversifying beyond its core subscription model to drive new revenue streams

Nexus Select Trust buys 60,000 sq ft at Elante Chandigarh for ₹253.7 crore

Nexus Select Trust acquired retail space at Nexus Elante in Chandigarh at an enterprise value of Rs 253.7 crore, funding the deal via commercial paper and cash while keeping its loan-to-value at 18%

Zaggle acquires Rivpe Technology for ₹97 cr to expand Rio.Money payments

Fintech firm Zaggle Prepaid Ocean Services has placed Rs 97 crore bet on consumer credit card and UPI-based payment solution provider Rivpe Technology with its 100 per cent acquisition, according to a regulatory filing. Zaggle will acquire Rivpe for Rs 22 crore and invest Rs 75 crore in the latter's brand Rio.Money to support product enhancement and expansion of consumer payment offerings. "We wish to inform you, the Board of Directors of Zaggle Prepaid Ocean Services Limited at its meeting held today...approved ...acquisition of 81,429 Equity Shares and 16,407 Compulsory Convertible Preference Shares for consideration up to Rs 22 crores from the existing shareholders of Rivpe Technology Private Limited (Rivpe), representing 100 per cent of issued and paid-up capital of Rivpe on a fully diluted basis," the filing said. The transaction is expected to close in 120 days. "Zaggle will invest up to Rs 75 crore in Rio.Money, in one or more tranches, to support product enhancement, ...

ASG Eye Hospital to invest ₹2,000 crore, scale to 600-700 centres

ASG Eye Hospital will invest Rs 2,000 crore to expand from 175-plus centres to 600-700 by 2030, using acquisitions, new hospitals and district centres, backed by investors

Adani Enterprises completes ₹231 cr acquisition of Trade Castle Tech Park

Adani Enterprises Ltd, the flagship firm of business tycoon Gautam Adani's group, on Tuesday said it has completed a Rs 231.34 crore acquisition of Trade Castle Tech Park (TCTPPL), an infrastructure developer which owns sizeable land parcels. AdaniConneX (ACX), a joint venture of Adani Enterprises Ltd and data centre operator EdgeConneX, had executed a share purchase agreement on November 21, 2025 with TCTPPL and Shree Naman Developers and Jayesh Shah (existing shareholders of TCTPPL) to acquire 100 per cent stake in TCTPPL. The acquisition was to set up infrastructure facilities, it had said without elaborating. "AdaniConneX Pvt Ltd has completed the acquisition of 100 per cent stake of Trade Castle Tech Park Pvt Ltd and thereby TCTPPL has become a step-down joint venture of the company," AEL said in a stock exchange filing. The purchase consideration for the acquisition is Rs 231.34 crore, Adani Enterprises Ltd (AEL) had said on November 21. "TCTPPL is incorporated in India and

Wipro acquires HARMAN's digital transformation solutions unit for $375 mn

IT services company Wipro's USD 375-million acquisition of HARMAN's Digital Transformation Solutions (DTS) business unit has been completed following regulatory nods, according to a release on Tuesday. The DTS buy was announced on August 21, 2025, and, with the successful closure of the deal, it will begin operating as part of Wipro's engineering global business line, the Bengaluru-headquartered IT company said in its release. "The acquisition of DTS marks a significant milestone in Wipro's commitment to advance AI capabilities, engineering innovation and R&D excellence," the release said. It is pertinent to note that on August 21, Wipro said it has signed a definitive agreement to acquire a 100 per cent stake in the Digital Transformation Solutions (DTS) business unit of HARMAN, a Samsung company, for a cash consideration of up to USD 375 million (about Rs 3,270 crore). Under the agreement, more than 5,600 DTS employees, including senior leadership, across the Americas, Europe, ..

Tilaknagar Industries completes ₹3,442 crore Imperial Blue acquisition

Tilaknagar Industries Ltd on Monday said it has completed the acquisition of Imperial Blue business division from Pernod Ricard India (PRI), a step-down unit of the French spirits major, via a slump sale for a lump sum consideration of Rs 3,442 crore. The lump sum consideration paid to PRI is subject to post-closing adjustments in accordance with the terms and conditions set out in the Business Transfer Agreement, according to a statement issued by Tilaknagar Industries Ltd (TIL), which owns brands such as Mansion House Brandy, Courrier Napoleon Brandy, Mansion House Gold Whisky and Blue Lagoon Gin. "In addition to this amount, a deferred payment of 28 million will be made after four years from the date of closure of the transaction," it said. Fair trade regulator Competition Commission of India (CCI) had already approved this transaction on October 7, 2025. This acquisition will make TIL among the leading players in the fast-growing Indian whisky market, which is witnessing ...

Swiss co-working major IWG to double India portfolio by 2027: Descrozaille

India to be among the firm's top three global markets in 3-4 years

Mindspace Reit acquires three premium office assets for ₹2,916 crore

The board of the manager of the Reit has approved the acquisition and also a preferential issue of units aggregating up to ₹1,820 crore

Xoriant buys quality engineering firm TestDevLab to expand its presence

The deal, value of which is not disclosed, is Xoriant's fourth acquisition in the last three years, which include Fexle Services and MapleLabs last year and Thoucentric in 2023

Eris Lifesciences to acquire 30% stake in Swiss Parenterals for ₹423 cr

Eris Lifesciences will purchase the final 30% stake in Swiss Parenterals through a Rs 423-crore share swap, aiming for full consolidation, greater cost efficiency and strengthened strategic control

Eris Lifesciences to acquire balance 30% stake in Swiss Parenterals

Eris Lifesciences on Tuesday said its board has approved the acquisition of the remaining 30 pc stake in its subsidiary Swiss Parenterals. The proposed transaction will be effected as a share swap, through a preferential issuance of the company's shares to seller Naishadh Shah, thereby making him a shareholder and an integral part of the company's senior management team with long-term alignment, the Mumbai-based firm said in a statement. "On behalf of the shareholders of Eris, I am delighted to welcome Naishadh Shah to the community of Erisians. I am also happy to share that we propose to designate him as the Managing Director of Swiss Parenterals," Eris Lifesciences Chairman and Managing Director Amit Bakshi said. FY27 promises to be a breakout year for the company's international business, and Naishadh's continued leadership and stewardship will be pivotal to its growth, he added. Shares of Eris Lifesciences were trading 0.99 per cent down at Rs 1,665.20 apiece on the BSE.

Pulse secures 100 mn euros funding from Castlelake to expand SME lending

The deal follows Pulse's acquisition of Nucleus and supports new AI-driven credit products aimed at faster, smarter lending

Adani group wins lenders' vote to take over Jaiprakash Associates

Adani group has won majority lenders' vote for take over of debt-laden Jaiprakash Associates as its Rs 14,535-crore acquisition proposal included a higher upfront payment than rival bidders, sources said. A Committee of Creditors voted on resolution plans (acquisition proposals) submitted by suitors including Adani Group, Vedanta Ltd and Dalmia Cement (Bharat). Adani got the maximum 89 per cent votes from creditors, followed by Dalmia Cement (Bharat) and Vedanta Group, they added. The National Asset Reconstruction Company Ltd (NARCL) had the biggest say in the process as it controls about 86 per cent of the Committee of Creditors' (CoC) voting share. A small group of lenders, including State Bank of India and ICICI Bank - who together account for less than 3 per cent of CoC's votes - abstained from voting. Sources said lenders preferred Adani's plan primarily because it offered a significantly higher upfront payment compared to competing proposals. The ports-to-energy conglomerate

Sellwin Traders to buy 36% of Kumkum wellness in preferential share swap

Sellwin Traders on Monday said it has signed a memorandum of understanding to acquire a 36 per cent stake in Kumkum Wellness in a share swap deal. Under this agreement, Sellwin Traders plans to acquire an initial 36 per cent equity stake in KWPL (Kumkum Wellness Pvt Ltd), with an option to increase its holding up to 60 per cent within the next 18 months, Sellwin Traders said in a statement, adding that this phased acquisition underscores Sellwin Traders's confidence in KWPL's business model and long-term growth potential. Under the share swap deal, Sellwin will issue its equity shares on a preferential basis to KWPL and its shareholders at Rs 15 per equity share, it said. The MoU also sets a clear roadmap within which the parties aim to formalise definitive agreements by 31 December 2025. Monil Vora, Director, Sellwin Traders Limited, said, "We are excited to embark on transformative global partnerships, reaffirming our growth-centric vision". Vora added that the phased acquisitio

IHCL to acquire 51% stake in wellness brand Atmantan for ₹240 crore

The transaction will entail a primary investment of Rs 205 crore and a secondary share purchase of Rs 35 crore

BirlaNu acquires Clean Coats for ₹120 crore to strengthen portfolio

BirlaNu, part of the CKA Birla Group, has acquired Clean Coats for Rs 120 crore as part of a Rs 1,300-crore growth plan to strengthen its presence in the construction chemicals business

Netflix exploring bid for Warner Bros Discovery studio, streaming business

Owning Warner Bros' studio business would give Netflix control over some of Hollywood's most successful stories and characters, including the Harry Potter and DC Comics franchises

RBI denies approval for Dia Vikas Capital's 5% stake purchase in ESAF SFB

The central bank has refused approval for Dia Vikas Capital's proposed 5% stake purchase, prompting ESAF SFB's board to review its promoter scheme and next steps