Grifols, a global producer of plasma-derived medicines and a leader in the development of innovative diagnostic solutions, announced it has entered into a transaction to acquire the remaining equity of Alkahest, Inc. in exchange for a total price of $146 million, on a debt-free basis. The closing of the transaction is subject to the approval…
Orkla, a leading supplier of branded consumer goods and concept solutions to the grocery sector, specialist retailers, out-of-home sectors and the bakery market, announced it has entered into an agreement to acquire 67.8 percent of the shares in Eastern Condiments Private Limited (Eastern). Orkla already holds a strong position in the Indian branded food market…
Infosys, a global leader in next-generation digital services and consulting, announced a definitive agreement to acquire Kaleidoscope Innovation, a full-spectrum product design, development and insights firm innovating across medical, consumer and industrial markets, bolstering capabilities in the design of smart products. This acquisition demonstrates Infosys’ commitment to innovate for its clients, and make a meaningful…
Niyogin, operates as a non-banking finance company in India, announced that it has acquired 51% strategic and controlling stake in iServeU for $ 8 million in a cash plus stock deal. Niyogin has been scaling its unique platform through a network of financial professionals and with products such as wealth, credit, and other SaaS-based products…
Cyient, a global engineering and digital technology solutions company, announced that it has agreed to acquire specialist Australian consulting firm, IG Partners, to expand its end-to-end offerings for the local and regional resources sector. The acquisition will enable customers to take advantage of the growing convergence of operational and information technologies by leveraging the synergies…
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited, announced that it is acquiring the Retail & Wholesale Business and the Logistics & Warehousing Business from the Future Group for Rs 24,713 crore, subject to adjustments as set-out in the composite scheme of arrangement. The above acquisition is being done as part of…
Sovos Brands, a food company backed by global private equity firm Advent International, announced that it has signed an agreement to acquire the business of Birch Benders, a fast-growing producer of delicious, better-for-you Pancake and Waffle Mixes, Toaster Waffles, and Pancake and Baking Cups. The transaction is expected to be completed by the end of…
WorldRemit, the global cross-border payments company, announced it has agreed to acquire Sendwave, a rapidly growing app-based remittance company in a cash and stock transaction that is expected to close, subject to licensing and regulatory approvals, in Q4 2020. Founded in 2014, Sendwave has built a leading and rapidly growing digital remittance service to East…
Cisco announced its intent to acquire privately held BabbleLabs to help users control unwanted noise in meetings. BabbleLabs uses advanced AI (Artificial Intelligence) techniques to distinguish human speech from unwanted noise, enhancing the quality of communications and conferencing applications. According to a Cisco global survey focused on the future of work, 98 percent of workers…
Palo Alto Networks, the global cybersecurity leader, announced that it has entered into a definitive agreement to acquire The Crypsis Group, a leading incident response, risk management and digital forensics consulting firm. Under the terms of the agreement, Palo Alto Networks will acquire The Crypsis Group for a total purchase price of $265 million, subject…
Johnson & Johnson announced it has entered into a definitive agreement to acquire Momenta Pharmaceuticals, a company that discovers and develops novel therapies for immune-mediated diseases, in an all cash transaction for approximately $6.5 billion. This acquisition provides an opportunity for the Janssen Pharmaceutical Companies of Johnson & Johnson to broaden its leadership in immune-mediated…
Reliance Industries Limited announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt. Ltd. (Vitalic) and its subsidiaries (Collectively known as ‘Netmeds’) for a cash consideration of approximately Rs 620 crores. This investment represents ~60% holding in the equity share capital of Vitalic and 100% direct…
Milliman, one of the world’s largest independent actuarial and consulting firms, announced the acquisition of Torch Insight from Leavitt Partners. This acquisition will combine Torch Insight’s powerful market-centered data and analytics with MedInsight, Milliman’s flagship healthcare analytics ecosystem. Torch Insight brings Milliman decades of healthcare policy expertise and healthcare analytic experience backed by Leavitt Partners…
Scribd, the unlimited reading subscription service that offers access to ebooks, audiobooks, magazines and documents, announced that it has acquired presentation-sharing platform SlideShare. “We’re proud to welcome SlideShare to the Scribd family. Our mission is to change the way the world reads, and we’re accomplishing this by providing readers with unparalleled access to the world’s…
EsseN Videri Media, engaged in lead generation and performance marketing within the iGaming industry, announced that it has acquired the affiliate website Guide2Gambling.in (G2G). The transaction includes all social media accounts, domains and affiliate accounts. G2G operates in the Indian market and is a highly visited casino portal for rankings and reviews of online casinos,…