Latest News on Acquisition
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Acquisition - Total results - 249
Sep 04, 2018
LIC-IDBI deal: Insurance board to meet today to decide on 51% stake hike plan, timeline, strategyIn 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 lenderIn 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, AustraliaSaaSFocus, which is privately held, offers digital transformation services leveraging the Salesforce platform.
Aug 22, 2018
Flipkart acquires artificial intelligence-led speech recognition startup Liv.aiIn 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 SeptemberEarlier 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 bnAleris 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 crNow 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 croreFuture101 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 RILThe 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 mnFor 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