Page 37 - Acquisition

MaxVIL plans to expand realty biz; looks to add at least 2 projects in FY22

Max group firm Max Ventures and Industries Ltd (MaxVIL) is looking to acquire at least two land parcels, outright or through joint ventures

MM Forgings acquires crankshaft supplier CAFOMA Autoparts for Rs 33 crore

Auto components maker MM Forgings Ltd (MMF) on Saturday said it has acquired one of the large independent suppliers of machined crankshafts CAFOMA Autoparts

Metropolis Healthcare board approves acquisition of Hitech Diagnostic

Metropolis Healthcare said its board approved the acquisition of Hitech Diagnostic Centre and its arm Centralab Healthcare Services in a combination of cash and equity shares deal.

Unacademy-backed Graphy acquires edtech platform Spayee for $25 mn

Post acquisition, Spayee will continue to operate independently; it allows content creators to produce customised courses in audio and video, PDF documents, quizzes, assignments and live classes

Good Glamm Group acquires D2C brand The Moms Co for around Rs 500 cr

The Moms Co to continue as an independent entity. Over past four years, the brand has catered to two million customers across 20,000 pin codes in India

Tech Mahindra to acquire Beris Consulting for around Rs 60 crore

IT company Tech Mahindra will acquire IT consultancy service provider Beris Consulting Gmbh for 7 million euros or about Rs 60 cr through its German subsidiary, the company said in a regulatory filing

Emami eyes entry into new segments via acquisitions, investment in startups

Firm began investing in startups over three years back ago when it bet on Helios Lifestyle; it has also invested in personal care company Brillare

Merck to buy Acceleron Pharma in deal valued at $11.5 billion

Acceleron shareholders will get $180 a share in cash, the companies said in a statement.

Persistent Systems to acquire SCI, Shree Infosoft for $60 million

IT firm Persistent Systems on Wednesday said its US subsidiary will acquire North Carolina-based Software Corporation International (SCI) and its affiliate, Fusion360 for $53 million

Whirlpool to acquire additional 38% stake in Elica PB India for $57 mn

Consumer durables maker Whirlpool of India Ltd on Monday said it has inked a pact to acquire an additional 38 per cent stake in Elica PB India for $57 million (around Rs 420 crore)

Acquisition, portfolio expansion to aid revenue growth for Mphasis

Near-term returns may be muted given the sharp run in stock price

Google to spend $2.1 billion on Manhattan campus acquisition

Google to spend $2.1 billion on Manhattan campus acquisition. Google is planning to buy St. John's Terminal in New York City for $2.1 billion, making it the anchor of its Hudson Square campus

Lincoln Pharma acquires plant for making pneumonia, bronchitis antibiotics

The acquisition along with capacity expansion and modernisation entails an investment of Rs 30 crore which Lincoln Pharma will fund through internal accruals

PE major Advent International buys majority stake in Eureka Forbes

Signs deal with SP Group at Rs 4.4K-crore valuation

Notion acquires Automate.io; gets its first engineering hub in India

With platform partners like Zapier and IFTTT, and with the launch of the Notion API earlier this year, Notion has expanded access to thousands of integrations for every kind of Notion user and the tea

SPAC mergers are here to stay, says Gaurav Burman, scion of Dabur family

There are 578 active special purpose acquisition companies, with a combined capital of about $172 billion

Nazara Technologies acquires OpenPlay for Rs 186.4 crore

Nazara Technologies on Friday said it has acquired Hyderabad-based OpenPlay for Rs 186.41 crore

Samsung to invest $206 billion by 2023 for post-pandemic growth

Samsung Electronics, the world's largest memory chip maker, said the group plans to solidify technology and market leadership through mergers and acquisitions

Serum Institute picks up 50% in glass vial maker Schott's Indian JV

Deal value not disclosed; former co-promoters Kaisha exits JV

JetSynthesys acquires top e-sports firm Skyesports for undisclosed sum

The acquisition will strengthen Skyesports' pan-India proliferation and also sets the stage for its expansion from India to South Asia