Category: Acquisition

Dr. Reddy’s announces acquisition of MenoLabs

Dr. Reddy’s Laboratories Ltd. (Dr. Reddy’s), announced that it has acquired MenoLabs business, a leading women’s health and dietary supplement branded portfolio from Amyris, Inc. (Amyris) in Amyris’ Chapter 11 sales process. Dr. Reddy’s acquired the entire MenoLabs supplements portfolio which includes seven branded products designed to provide health support and address symptoms of perimenopause…

KKR completes acquisition of remaining 37% of Global Atlantic

KKR & Co. Inc. and The Global Atlantic Financial Group LLC (Global Atlantic) announced the closing of the previously-announced transaction in which KKR is acquiring the remaining 37% of Global Atlantic, increasing KKR’s ownership to 100%. KKR acquired a majority of Global Atlantic in 2021, and since that time, KKR has served as Global Atlantic’s asset manager,…

LumiraDx announces agreement to sell its Cutting Edge Point of Care Technology Platform to Roche

LumiraDx Limited, a next generation point of care diagnostics company, announced the appointment of joint administrators for two of its subsidiaries. The administrators have signed a definitive agreement to sell certain companies of the LumiraDx group related to LumiraDx’s innovative point of care technology to Roche. The Company announced that Andrew Johnson, Lisa Rickelton and…

Monex Group to acquire the majority stake in Canada’s leading digital asset manager 3iQ

Monex Group, Inc., a leading Japanese financial group that runs online brokerage, crypto exchange, and asset management business in Japan and globally, will acquire the majority stake of 3iQ Digital Holdings, Inc. (together with its subsidiaries “3iQ”), a pioneer in crypto asset management in Canada.  3iQ stands at the forefront of digital asset innovation. This trailblazing firm, licensed in Ontario, Canada, has…

ENGIE Brasil Energia sells 15% of TAG’s shares to CDPQ

ENGIE Brasil Energia, the largest 100% renewable energy company in Brazil, and CDPQ, a global investment group, announced an agreement for the sale by ENGIE Brasil Energia of a 15% stake in Transportadora Associada de Gás S.A. (TAG) to CDPQ.  The transaction is valued at BRL 3.1 billion, approximately CAD 848 million, subject to usual price adjustments. As…

Zoomcar announces completion of its business combination with IOAC

Innovative International Acquisition Corporation (IOAC), formerly a Cayman Island registered blank-check special purpose acquisition company, and Zoomcar, Inc. (Zoomcar), an emerging market focused peer2peer car sharing company, announced the closing of their previously announced merger (the “Business Combination”). Prior to Closing, IOAC transferred by way of continuation out of the Cayman Islands and into the…

Globant acquires Brazilian consultancy Iteris

Globant, a digitally native company focused on reinventing businesses through innovative technology solutions, announced the acquisition of Iteris Holding Ltda., a Brazilian business and technology consultancy focused on delivering digital transformation. This acquisition enhances Globant’s current operations in Brazil by adding top local digital capabilities and an impressive client roster, a statement said. Founded in 2009 in…

Maxposure announces acquisition of Bluebird Advertising

Maxposure Limited, a prominent entity in the new-age media and entertainment sector, specialising in the aviation market, announced the successful acquisition of Bluebird Advertising Pvt. Ltd. (Bluebird Advertising), a leading media buying and planning agency. This strategic move serves to strengthen Maxposure Limited’s standing as a pivotal player in the ever-evolving landscape of media and…

Sandvik announces acquisition of pro-micron GmbH

Swedish engineering group Sandvik has signed an agreement to acquire pro-micron GmbH, a German-based supplier of sensorised tools and automation software. Sensorised tools is a high-growth market, with strong underlying drivers such as the accelerated shift to automated production, increasing demand of production data from our customers and closed loop manufacturing driving the need for digitalization,…

Lionsgate closes acquisition of global content platform eOne

Lionsgate announced that it has closed its acquisition of the global entertainment platform eOne from Hasbro.  Lionsgate acquired eOne for a purchase price of $375 million in cash, subject to certain purchase price adjustments, plus the assumption of production financing loans, a statement said. The acquisition adds 6,500 film and television titles to Lionsgate’s library, one of…

Gracell Biotechnologies to be acquired by AstraZeneca

Gracell Biotechnologies Inc. (Gracell), a global clinical-stage biopharmaceutical company dedicated to developing innovative cell therapies for the treatment of cancer and autoimmune diseases, announced it has entered into a definitive agreement to be acquired by AstraZeneca. The proposed acquisition will enrich AstraZeneca’s growing pipeline of cell therapies with GC012F, a novel, clinical-stage FasTCAR-enabled BCMA and…

Accenture announces acquisition of Customer Management IT and SirfinPA

Accenture has signed an agreement to acquire Customer Management IT and SirfinPA, a pair of jointly-owned Italian technology consultancies supporting the public sector and specializing in justice and public safety. The acquisition aligns with Accenture’s focus on helping Italian public service organizations build their digital core and deliver enhanced services to the citizens they serve,…

Riiid announces its acquisition of Qualson

Riiid Inc., a Softbank Vision Fund-backed AI education technology company, announced the acquisition of Qualson Co Ltd., a leading English language learning and content provider based in South Korea. Qualson is the owner and operator of popular B2C English learning platforms including its flagship Real Class, known widely for using high quality content sourced from international…

Accenture completes acquisition of Rabbit’s Tale

Accenture has completed its acquisition of Rabbit’s Tale, a Bangkok-based creative and digital experience agency. The acquisition strengthens the regional creative, brand and data capabilities of Accenture Song and helps its clients build and optimize digital experiences across the entire customer lifecycle in Thailand. Terms of the transaction previously announced on November 29, 2023, were not disclosed. Recognized as…

Juniper Therapeutics acquires Exclusive Rights for SAR Registration for Anti-Viral COVID-19 Drug from Ping An-Shionogi Hong Kong for Singapore

Singapore-headquartered Juniper Therapeutix, a science-led healthcare company focused on commercializing novel therapies, announced its agreement with Ping-An Shionogi Hong Kong, a group company of Shionogi & Co., Ltd, to license the rights to Ensitrelvir Fumaric Acid (“Ensitrelvir”) for Singapore. Juniper Biologics has applied for private patient access with the Health Sciences Authority (HSA) of the Republic of Singapore for…