Latest News on Acquisition
Showing of 0 - 10 from 249 results
Acquisition - Total results - 249
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Sep 04, 2018
LIC-IDBI deal: Insurance board to meet today to decide on 51% stake hike plan, timeline, strategy
In August, the Union Cabinet had approved LIC's proposed acquisition of up to 51 percent stake in debt-ridden IDBI Bank. -
Aug 28, 2018
LIC to buy 14.9% stake in IDBI Bank; move would eventually lead to acquisition of majority stake in state-owned lender
In August, the Union Cabinet had approved LIC's proposed acquisition of up to 51 percent stake in debt-ridden IDBI Bank. -
Aug 23, 2018
Cognizant to acquire SaaSfocus for undisclosed amount to strengthen business in India, Australia
SaaSFocus, which is privately held, offers digital transformation services leveraging the Salesforce platform. -
Aug 22, 2018
Flipkart acquires artificial intelligence-led speech recognition startup Liv.ai
In a move aimed at getting the next 200 million online shoppers to its platform, e-commerce major Flipkart has acquired Liv.ai, an artificial intelligence-led speech recognition startup. -
Jul 27, 2018
Fortis Healthcare acquisition: Malaysian firm IHH’s open offer to commence on 7 September
Earlier on 13 July, Fortis Healthcare board had approved Rs 4,000-crore offer from Malaysia's IHH Healthcare for 31.1 percent stake in it, valuing the cash-strapped firm at Rs 8,880 crore thus ending months of a takeover battle -
Jul 26, 2018
Hindalco arm Novelis to acquire US-based aluminium producer Aleris Corporation for $2.58 bn
Aleris is a global supplier of aerospace and automotive aluminium rolled products -
Jul 16, 2018
LIC board gives nod to acquisition of up to 5% stake in IDBI Bank; lender will get capital support of around Rs 13,000 cr
Now the state-owned Life Insurance Corporation of India (LIC) will approach markets regulator Sebi. -
Jul 05, 2018
Reliance Brands picks 12.5% stake in luxury apparel firm Future101 Design for Rs 9.50 crore
Future101 is engaged in manufacturing, distribution and sale of luxury apparels in India. -
Jun 22, 2018
Majority of lenders to debt-ridden Alok Industries approve sale of textile firm to RIL
The consortium of lenders, led by SBI, is claiming dues of over Rs 23,000 crore from Alok Industries. -
Apr 13, 2018
Infosys Q4 net profit falls 28% sequentially to Rs 3,690 cr; buys digital creative WongDoody Holding for $75 mn
For the full fiscal 2017-18, Infosys' profit was up 11.7 percent at Rs 16,029 crore, while revenues grew 3 percent to Rs 70,522 crore over the previous year
