Acquisitions
Acquisitions News
US-based software firm Ebix Inc to acquire Yatra Online Inc at an enterprise value of $337.8 mn
US-based software firm Ebix Inc has signed a definitive agreement with Yatra Online Inc to acquire the online travel agency through a merger deal at an enterprise value of $337.8 million (around Rs 2,325 crore), according to a statement
Merger and acquisition activity sees sharp decline in January-March quarter: EY India
Merger and acquisition activity in India saw a sharp decline in the January-March period, amid subdued global deal market and uncertainty around general election results, according to a report
Tata Group's hospitality arm IHCL ties up with Singapore's GIC to invest Rs 4,000 cr in hotel acquisitions
Tata Group's hospitality arm IHCL on Friday said it has tied up with Singapore's sovereign wealth fund GIC to invest Rs 4,000 crore to acquire hotels
After record FDI in 2018, retail sector gears up for more mergers and acquisitions in new year
With the lines getting blurred between organised brick-and-mortar model and new-age online platforms, the retail sector is ending the year 2018 with a record level of FDI and is gearing up for more mergers and acquisitions, partnerships and other deals in the new year
Draft e-commerce policy: Govt to ensure level playing field for domestic players; all you need to know about the blueprint
Traders welcome the government's move to formulate an e-commerce policy that mandates local storage of user data, and hoped the policy will help build robust reform.
Vodafone-Idea merger: DoT gives final approval; deal spawns nation's biggest telecom operator worth over $23 bn
The combined operations of Idea and Vodafone will create a telecom operator with a 35 percent market share and a subscriber base of around 430 million.
Walmart's looming acquisition of Flipkart will be a game changer for e-commerce in India; merger to boost job creation
Going by the recent news reports, US retail giant Walmart may soon foray into the e-commerce sector by acquiring a stake in Flipkart.
Walmart, hitherto slow to react overseas, attempts international turnaround with UK, India M&A
Sales from Walmart International, which runs about 6,300 stores, stood at $118.07 billion in the fiscal year ended 2018, down some 14 percent from 2014.
COAI asks the government to hold spectrum auction in 2018 citing recent mergers
COAI emphasised that the next round of sale of airwaves should ideally be scheduled in 2018.
Bharti Airtel's Rs 1,600 cr Tikona buy: Smart move to gain pan-India 4G spectrum but challenges remain
So while Bharti is being smart in buying out telecom operators who can bolster its spectrum footprint and get it additional subscribers, the threat from RJio, changing market dynamics towards data and resultant profitability decline has not abated yet.
Avast may further look to expand business after AVG integration, says CEO
Avast Software, maker of the world's most popular computer antivirus program, will need a year to absorb its $1.3 billion buy of rival AVG but may seek further acquisitions before an expected flotation, its chief executive said in an interview.
Godrej group eyes acquisition in consumer product segment in developing nations
Godrej said businesses have been growing but growth was lower in the last couple of years due to bad monsoon
L&T Infotech to actively scout for buys in analytics, consulting space
Besides, analytics, consulting and Internet of Things, another area of interest for the company is cloud-based infrastructure transformation
ONGC's overseas arm to pump in $10-12 bln for oil & gas acquisitions in next 3 years
ONGC Videsh Ltd (OVL) hopes to capitalise on cheaper assets after a slump in oil prices
Betting big on oil & gas, Carlyle group to pump in $500 mn in India-focused Magna Energy
Carlyle group to invest through its unit Carlyle International Energy Partners
India's IT sector records $11.5 bn PE deals in 2014; e-commerce biggies attract big ticket investments
E-commerce accounted for 30 percent of the total value of deals in technology sector in 2012, which augmented to 75 percent in 2014, according to Grant Thornton – IVCA Technology Dealtracker.
Infosys open to 'bigger scale' acquisitions, says CEO Vishal Sikka
Infosys, the country’s second largest IT services firm, is open to 'bigger scale' mergers and acquisitions but with a caveat, it is not interested in "yesterdays" companies.
IoT acquisitions surge: Over $9 billion spent in past three years
Hampleton Partners' report said that $9.4 billion has been spent in the past three years to acquire so-called "Internet of Things" suppliers, with $5 billion, or more than half of the total, in the first nine months of 2014.
IoT acquisitions surge: Over $9 billion spent in past three years
Hampleton Partners' report said that $9.4 billion has been spent in the past three years to acquire so-called "Internet of Things" suppliers, with $5 billion, or more than half of the total, in the first nine months of 2014.
IoT acquisitions surge: Over $9 billion spent in past three years
Hampleton Partners' report said that $9.4 billion has been spent in the past three years to acquire so-called "Internet of Things" suppliers, with $5 billion, or more than half of the total, in the first nine months of 2014.