Choice Equity Broking Private Limited announced it has entered into an agreement to acquire 100 percent stake in New Delhi based Escorts Securities Limited. The acquisition entails mainly the broking business and will be completed within the next six months, subject to necessary statutory approvals. “The buyout shall bring in operational synergies and shall augment…
Accenture has acquired Core Compete, a cloud analytics services firm headquartered in Durham, North Carolina, with additional offices in the UK and India. Core Compete enables digital transformations with cloud-native solutions that deliver artificial intelligence (AI) and machine learning-infused business outcomes, to serve a client base across the US and UK, with particular focus on supply…
Digital Intelligence Systems, LLC (DISYS) and Signature Consultants, LLC has announced that an agreement was signed for DISYS to acquire the legal entities of Signature, combine operations, and create a provider of information technology (IT) staffing services in the U.S. The combined operations will draw on the resources of more than 7,500 employees and consultants,…
The Ardonagh Group (‘Ardonagh’ or the ‘Group’), has announced the launch of Ardonagh Global Partners (“AGP”) and its first acquisition in the United States. AGP’s strategy is to invest in platforms operating in attractive markets and product verticals outside of the UK and Europe and will sit within Ardonagh’s new International platform. AGP will be led by Des…
Hitachi announced that it will acquire GlobalLogic, a leading US-based digital engineering services company. The acquisition is based on the definitive agreement between Hitachi Global Digital Holdings Corporation (HGDH), a North American subsidiary, an SPC established by HGDH for the acquisition and GlobalLogic Worldwide Holdings, Inc., the parent company of GlobalLogic. The transaction is subject…
Wholly-owned entity of ABCD Technologies LLP – DigiHealth Technologies LLP is planning to acquire 100 per cent stake in Pharmarack Technologies Pvt Ltd in tranches, according to a regulatory filings. Pharmarack operates a digital platform aimed at integrating and solving problems across the pharmaceutical supply chain. Drug firms Sun Pharma, Lupin and Alkem Laboratories in…
Frontier Pharma and Baystone Group has announced the completion of its acquisition of Zdravlje A.D from Teva Pharmaceuticals. Zdravlje currently supplies high quality pharmaceuticals to more than 35 international markets including those in Western & Eastern Europe, U.K., Asia-Pacific, Sub-Saharan Africa and Latin America. “We are incredibly pleased to complete this transaction and support Zdravlje…
Lemon Tree Hotels has announced the acquisition of 70% stake in Hamstede Living Private Limited. Post acquisition, Hamstede will become a wholly owned subsidiary of the Company, the statement said. “In terms of the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosures Requirements) Regulations, 2015, we would…
Iyuno Media Group has completed its acquisition of 100% of SDI Media. This transaction brings together two of the industry’s leading companies in localization, with the shared mission of supporting its customers in their efforts to reach global audiences, according to a statement made by the company. “The combined company, now under the Iyuno-SDI Group…
Group Atlantic, France, a 2.2 billion Euro company with a dominant presence in manufacturing, developing, and distributing eco-friendly heating products and hot water solutions are to invest Rs 68.3 crore for a 50% stake in the water heater business subsidiary of Somany Home Innovation Limited (SHIL), one of India’s leading premium consumer appliances and building…
Blue Planet Environmental Solutions Pte. Ltd. has acquired one of Singapore’s waste management companies, Wah & Hua Pte. Ltd. This is Blue Planet’s first operational investment in Singapore and marks the company’s strategic entry into the city-state’s growing sustainable waste management market. Madhujeet Chimni, Founder and Chairman, Blue Planet, said, “In line with our vision…
Adani Green Energy Limited (AGEL), one of the largest renewables companies in India, announced that it has signed a share purchase agreement for the acquisition of 100% stake in two SPVs holding 74.94 MW operating solar projects of Sterling & Wilson, a Shapoorji Pallonji group company. The projects, commissioned in 2017, are located in Medak…
Pepsi Bottling Ventures LLC (PBV) announced that it has completed its acquisition of Pepsi-Cola Roxboro, the franchise bottler based in Roxboro, N.C. The acquisition expands PBV’s distribution and sales territory to the counties of Caswell, Person, Granville, and Orange, the company said in its release. “We are very excited to be a part of the…
TikTok parent – ByteDance informed that Nuverse, its video games unit has agreed to acquire Mooton Technology, which is based in Shanghai. “Through cross-team collaboration and drawing on lessons and insights from its own rapid growth, Moonton provides the strategic support needed to accelerate Nuverse’s global gaming offerings,” a statement made by ByteDance said. ByteDance was…
ValueFirst, one of the top CPaaS players of India, announced it has been acquired by Twilio, a leading cloud communications and customer engagement platform. “ValueFirst & Twilio have been working hard at solving different aspects of the CPaaS industry, and in our conversations over the last months, we realized how we help each other grow,…