Maxposure Limited IPO’s anchor investor portion gets 100% subscription from marquee investors, in anchor investor bidding. Institutional investors, namely India Ahead Venture Fund, Tano Investment Opportunities Fund, Minerva Emerging Opportunities Fund Limited, Eminence Global Fund Pcc – Eubilia and Capital Partners Fund I have secured stakes in Maxposure Limited’s upcoming IPO, scheduled to open on…
Tata Consumer Products announced that it has signed definitive agreements to acquire 100% equity shares of Capital Foods, owner of the brands ‘Ching’s Secret’ and ‘Smith & Jones’, in a phased manner. 75% of the equity shareholding will be acquired upfront and the balance 25% shareholding will be acquired within the next three years. This…
Infosys, a global leader in next-generation digital services and consulting, today announced a definitive agreement to acquire InSemi, a leading semiconductor design and embedded services provider. This strategic investment further strengthens Infosys’ Engineering R&D capabilities and demonstrates its continued commitment to co-create with global clients to help them navigate their digital transformation journey, a statement…
Accenture has entered into an agreement to acquire Navisite, a digital transformation and managed services provider. The addition of Navisite will bolster and scale Accenture’s application and infrastructure managed services capabilities to help clients across North America modernize their IT for the AI era. The terms of the acquisition from private equity investment firm Madison Dearborn…
Marlabs LLC., a digital solutions company, announced that it has acquired Indianapolis-based Onebridge to accelerate its growth in AI and data analytics space. “Marlabs is thrilled to welcome the Onebridge team into the Marlabs family and is excited about the potential the company brings in the AI and data analytics space. Our businesses are highly complementary,…
Accenture has agreed to acquire Work & Co, a global digital product company that blends design, technology, and innovation to help companies create breakthrough products and experiences. The acquisition reinforces how continued investment by Accenture Song—the world’s largest tech-powered creative group—is creating new ways for its clients to grow while meeting their customers’ ever-evolving needs, a…
ACC Limited, subsidiary of Ambuja Cements Limited and a leading entity in the cement and building materials sector currently holds 45% stake in Asian Concretes and Cements Private Limited (ACCPL). Today it announced the successful acquisition of the remaining 55% stake in ACCPL from its existing promoter at an Enterprise Value of Rs. 775 Cr…
Virgin Music Group (VMG), a division of Universal Music Group (UMG), the world leader in music-based entertainment, announced the acquisition of Saban Music Latin. Under the terms of the transaction, Virgin Music Group will acquire Saban Music Latin’s catalogue and Virgin Music Group will release future albums by selected Saban Music Latin’s artists, a statement said. Selected artists included in Saban…
Accenture has completed the acquisition of 6point6, a U.K. technology consultancy, specializing in cloud, data, and cybersecurity. The acquisition enhances Accenture’s strategy and architecture capabilities, with a particular emphasis on central government, defense and security, and financial services, a statement said. The acquisition was previously announced on October 31, 2023, and adds approximately 400 technologists to serve…
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 & 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,…
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, 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…
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 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…