Page 14 - Merger And Acquisition

Good Glamm Group acquires media & lifestyle content platform ScoopWhoop

In early October the group acquired baby and mother products brand, The Moms Co, for Rs 500 crore

VerSe Innovation acquires social networking app GolBol for undisclosed sum

GolBol's entire team including co-founders will join VerSe to help accelerate the work being done to modernize and multiply the impact of Josh

Pershing Square SPAC nearing $40-bn deal with Universal Music Group: Report

A deal of that size, if completed successfully, would mark the biggest-ever merger involving a so-called special purpose acquisition company

Tax indemnity clause leads to friction among buyers & sellers of firms

The Centre had allowed the tax dept more time to relook at old transactions

ADV Partners, Premji invest to acquire majority stake in Micro Plastics

Investment builds on MPPL's robust revenue growth of over 20% CAGR over past five years

Sony to buy AT&T's animation business Crunchyroll for $1.18 billion

TOKYO/NEW YORK (Reuters) - Sony Corp will buy AT&T Inc's animation business Crunchyroll for $1.175 billion, the two companies said on Thursday, as the Japanese electronics conglomerate aims to beef up its entertainment content and distribution businesses.

Bharti Airtel to acquire 5.2% stake in Avaada MHBuldhana for Rs 4.55 cr

Avaada MHBuldhana Private Limited is a newly-formed company and developing a captive generating solar power plant in Maharashtra which will become operational by March 2021

We're not keen on diversifying at this point, says M&M's Anish Shah

Group has ten businesses 'which have lot of potential and can grow', says managing director and CEO-designate.

Cash-rich IT service firms on a shopping spree, eye inorganic expansion

The top four Indian IT firms have cash reserves of nearly $15 billion

From telecom to retail, RIL splurges $3.1 bn in 3 years on acquisitions

Netmeds latest in long list of firms in which it has picked up stakes

PE/VC investments drop 51% to $4.1 billion as big deals shrink in July

According to the IVCA-EY report, July recorded 10 large deals (value greater than $100 million) worth $3.1 billion compared to 13 large deals worth $7.1 billion in July 2019

Twitter, TikTok have had preliminary talks about merger: Report

It's unclear whether Twitter will pursue a deal, which would involve TikTok's U.S. operations, the people said

As Asian deals disappear, India becomes unlikely hotspot for M&A

Thanks to investments in Jio, India accounts for more than 12 per cent of announced deals in the Asia Pacific region so far this year, the highest ratio since at least 1998.

PE-VC investors see decline in fundraising activity, says Crisil Survey

The survey was conducted between May and June this year and the credit rating firm received responses from 26 independent funds and respondents

AstraZeneca, Gilead merger likely to hit political, strategic hurdles

Political opposition from both the UK and the US could derail any attempt at a deal, especially given the backdrop of the Covid-19 outbreak, Citigroup said

Ebix rejects Yatra complaint, considers all options including counter suit

Gurugram-based Yatra had said on Friday that it was going to end its pending merger deal with Ebix, and had filed a case in Delaware, US against Ebix for breach of agreement

Yatra Online terminates pending merger agreement with US-based Ebix Inc

Online travel firm Yatra Online Inc said it was seeking damages against Ebix for breaching terms of their merger agreement

Adani, JSW race ahead with billion-dollar projects

Top companies' growth to be fuelled by ongoing projects

Fix the complexity in takeovers and delisting

If we do not make M&A execution simple and logical, capital - Indian and foreign - would seek out jurisdictions that do not entail such complication

Private equity players see new business opportunities in post-Covid world

Currently, the PE exposure in credit is limited and constitutes less than a 2 per cent share of the overall credit offered to industry.