Ma
Recent Highlights
All Stories for Ma
Melissa McCarthy, Octavia Spencer to star in Netflix's superhero film Thunder Force
Fp Staff •The plot details of Melissa McCarthy and Octavia Spencer's Thunder Force has been kept under wraps.
India's Merger and Acquisition deal value drops 34% to $1.24 bn in February; cross-border transactions dominate: Report
•Grant Thornton's report showed that number of mergers and acquisitions transactions last month rose marginally to 44 last month
Tech Mahindra to acquire Japan's mobile network solution firm K-Vision for $1.5 mn to expand 5G business
•K-Vision provides network services for mobile communications to telecom operators in Japan
Ma trailer: A psychotic Octavia Spencer stalks, terrorises a group of teenagers in upcoming thriller
Fp Staff •Ma has been directed by Tate Taylor, who helmed the acclaimed period drama The Help.
French firm Groupe Lactalis' Indian unit to buy Prabhat Dairy for Rs 1,700 crore; firm to focus on cattle feed business after sale
•Prabhat Dairy said it will be sharing a "substantial proportion" of the sale proceeds with its shareholders and will focus on the cattle feed business after the close of the transaction.
Mphasis acquires US firm Stelligent Systems in all-cash deal valued at $25 mn
•Mphasis has acquired Stelligent from Hosting.com Inc that had bought the company in March last year, Mphasis said in a BSE filing.
Amalgamation not on cards; focus on internal consolidation, making bank financially healthy, says PNB MD Sunil Mehta
•PNB has registered credit growth more than the industry average, and appreciating the pace of recovery, the government has decided to provide Rs 5,431 crore capital support.
Infosys to acquire Finland-based Fluido for over Rs 544 crore; to strengthen presence in Europe
•Founded in 2010, Fluido has offices in Finland, Denmark, Sweden, Norway and Slovakia. Its customers span industries like manufacturing, energy, retail and telecommunications.
Adobe in talks to buy privately-held marketing software firm Marketo; deal to enable it to take on competition: Sources
•Marketo was started in 2006 as an email marketing service and is based in San Mateo, California
Frenzied activity in the Indian M&A market: Vultures are gathering to oust defaulting promoters from their perch
Muralidharan •The last round of M&A frenzy was in a pre-Insolvency and Bankruptcy Code 2016 (IBC) milieu, involving friendly and hostile takeovers often at the risk of inviting winner’s curse which is inevitable when the acquirer overpays in his keenness to acquire, come what may.