Page 4 - Merger And Acquisition
Byju's in talks to acquire US target, likely to bid for Chegg or 2U
The Indian education pioneer is the country's most valuable startup, with a valuation of $22 billion
 "Byju's in talks to acquire US target, likely to bid for Chegg or 2U")
Explained: Why M&As are rising in India & how can investors benefit?
Reports suggest LTI & Mindtree could be eyeing a merger. Besides, the acquisition race for Holcim's India assets is heating up Ultratech Cement reportedly throwing in its hat in the ring
 "Explained: Why M&As are rising in India & how can investors benefit?")
HDFC twins merger: HDFC Bank to be 6th biggest lender globally in m-cap
The merger of HDFC Bank and HDFC shall help the former become the most valuable bank outside of China and the United States
 "HDFC twins merger: HDFC Bank to be 6th biggest lender globally in m-cap")
CCI to enforce stricter M&A disclosure requirements starting May 1
Cos to disclose "complimentary linkage" between them and their impact on market, provide data of past 5 yrs on market size, market share of parties and also of competitors
 "CCI to enforce stricter M&A disclosure requirements starting May 1")
Transport tech firm Chalo acquires Vogo to improve bus ridership
Financial details of the deal of Chalo and Vogo, aimed to improve city mobility, were not disclosed.
 "Transport tech firm Chalo acquires Vogo to improve bus ridership")
What does the merger with Blinkit mean for Zomato and its shareholders?
Online food-delivery platform Zomato is set to take over Blinkit -- which pioneered the 10-minute grocery delivery as Grofers. And it's a win-win deal for both. Find out more about the proposed merger
 "What does the merger with Blinkit mean for Zomato and its shareholders?")
Reliance Industries should consider de-merger to unlock value
Over the past four years, Reliance Industries has invested $5.7 bn across verticals, with $2 bn in 2021 alone. As the investments becomes enormous, analysts say RIL should considers a de-merger now
 "Reliance Industries should consider de-merger to unlock value")
Laurus Labs signs pact to acquire 26.62 % stake in ImmunoACT
Laurus labs investment in ImmunoACT is part of the larger strategy to strengthen biologics business of the firm
 "Laurus Labs signs pact to acquire 26.62 % stake in ImmunoACT")
Dixon Technologies scouts for buys to get in global top 10 EMS league
Open to acquisition of design companies and raise manufacturing capacity
 "Dixon Technologies scouts for buys to get in global top 10 EMS league")
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
 "Good Glamm Group acquires media & lifestyle content platform ScoopWhoop")
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
 "VerSe Innovation acquires social networking app GolBol for undisclosed sum")
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
 "Pershing Square SPAC nearing $40-bn deal with Universal Music Group: Report")
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
 "Tax indemnity clause leads to friction among buyers & sellers of firms")
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
 "ADV Partners, Premji invest to acquire majority stake in Micro Plastics")
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.
 "Sony to buy AT&T's animation business Crunchyroll for $1.18 billion")
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
 "Bharti Airtel to acquire 5.2% stake in Avaada MHBuldhana for Rs 4.55 cr")
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.
 "We're not keen on diversifying at this point, says M&M's Anish Shah")
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
 "Cash-rich IT service firms on a shopping spree, eye inorganic expansion")
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
 "From telecom to retail, RIL splurges $3.1 bn in 3 years on acquisitions")
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
 "PE/VC investments drop 51% to $4.1 billion as big deals shrink in July")
