Page 29 - Acquisition

TII, Premji Invest sign share purchase agreement to acquire Lotus Surgicals

TII will acquire 67 per cent, while Premji Invest will acquire the remaining 33 per cent

Microsoft's $69 bn Activision takeover deal gets boost from UK regulators

The narrowing of the probe echoes a similar step at European Union level where the bloc is said to be only focusing on cloud gaming services.

Accenture to acquire AI company Flutura; deal terms not disclosed

This is Accenture's third acquisition of such a company in India in recent years

Central banks try to calm markets after UBS deal to buy Credit Suisse

Soon after the announcement late on Sunday, the US Federal Reserve, European Central Bank and other major central banks came out with statements to reassure markets

Credit Suisse crisis nears finale as UBS discussions on takeover heat up

At the prodding of regulators, UBS has put aside its initial opposition to a deal and is exploring possible structures that could be executed quickly to halt a deep crisis of confidence

CCI allows AGI Greenpac to acquire Hindusthan National Glass & Industries

AGI Greenpac has received approval from Competition Commission of India for the proposed acquisition of Hindusthan National Glass & Industries Limited through Corporate Insolvency Resolution Process

Apollo Global to acquire Univar in $8.1 billion deal, says report

Shares of Univar rose nearly 14% to $35.40 in premarket trading

Seagen acquisition: Pfizer can now bet on future of cancer drugs

Given the muted response to the deal on Monday, analysts seem skeptical that this will be as easy as Pfizer makes it sound

Adani Group prepays entire financing for Ambuja Cements acquisition

The promoters have also prepaid a $500-million facility taken for Ambuja acquisition financing

Vedanta may buy 6% more stake in Hindustan Zinc for Rs 7,900 cr

Govt planning OFS to sell 15% stake by March-end, will lose special rights over company; sources says Vedanta is looking raise about $1 billion from three foreign banks to fund the acquisition

Mahanagar Gas' Unison Enviro acquisition lights up its growth prospects

Tailwinds for the industry in the form of decline in gas prices are also near-term positive

Subway's potential $10 billion sale draws Goldman, Bain, says report

Goldman Sachs Asset Management and Bain, along with private equity firms TDR Capital and TPG, have tabled indicative offers for Subway, the news outlet reported

Axis Bank completes acquisition of Citibank India's consumer business

This deal will have a 177 basis points bearing on Axis Bank's CET1 capital ratio

Microsoft-Activision deal: What's on the cards for gamers in India?

Despite global brouhaha over Microsoft's dominance, the merger may benefit gamers here

Fintech firm Cashfree acquires Zecpe to strengthen its D2C Payments Suite

This acquisition will also enable Cashfree Payments to offer additional value-added services like Return to Origin (RTO) reduction, fraud detection, and address pre-filling, among others

Amazon closes $3.9 bn acquisition of healthcare provider One Medical

The acquisition was originally announced in July last year

Sonata Software jumps over 4% on acquiring US-based Quant Systems

The company's North America arm has inked an agreement to buy 100 per cent in Texas-based Quant Systems in an all-cash deal of $65 million.

CRISIL upgrades DB Power's rating after Adani Power calls off acquisition

CRISIL also removed the company from "on watch status" and assigned "stable" outlook

Samvardhana Motherson to buy SAS from Faurecia for Rs 4,790 crore

EV business constitutes almost half of the total net revenues of SAS. It manufactures cockpit modules and other components for EVs of European companies such as Volkswagen, Skoda, Mercedes, Porsche

Kotak Mahindra Bank to acquire Sonata Finance for Rs 537 crore

The acquisition will be subject to regulatory approvals, including by the Reserve Bank of India (RBI)