M&A

M&A Recent News

Nita Ambani Could Lead Reliance-Disney's Merged Entity: Report
|With an aggressive timeline targeting an October completion, the merger awaits a regulatory nod from India's Competition Commission.
What's Going On With Titan Shares Today?
|Titan's share price was volatile on Wednesday morning after going up close to 1% on Tuesday.
Why ITC Shares Jumped Back In Green After 2 Days
|ITC is said to be considering the acquisition of a 47% stake in Prataap Snacks, currently owned by Peak XV Partners.
Flipkart In Talks To Acquire Struggling Dunzo In Hyperlocal Market Reshuffle
|Initially thriving during the COVID-19 pandemic due to increased demand for quick home deliveries, companies like Dunzo are now grappling with shifts back to pre-pandemic buying habits.
Why This State-Owned Large Cap Stock Is Climbing Today
|The plans to merge downstream subsidiaries comes a week after ONGC reported a decline in its bottom line for the quarter ended December 2023.
This Large Cap Pharma Stock May Be Lining Up Big Acquisition, Shares Jump
|Having successfully launched several of its own brands in the domestic market last year, Dr. Reddy's is now strategically focused on leveraging inorganic opportunities to drive its next phase of growth.
Why This Micro Cap Tata Stock Is Rocketing 20% Today
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Reliance Industries Says 'No Comment' On Disney Merger Speculations
|Reliance Industries has refrained from commenting on media speculations about a potential merger with Disney's India unit, according to a letter sent to stock exchanges on January 30, 2024.
Zee's Subhash Chandra Wrote To Finance Minister For Help Before Sony Merger Collapse
|As SEBI nears the end of its investigation against Chandra and Goenka, allegations of fund siphoning and book manipulation are under scrutiny, with suspected misuse of funds escalating to ₹800-₹1,000 crore.
Disney Star Faces $2-Bn Hit In Wake of Sony-Zee Merger Fallout: Here's Why
|This valuation dilemma occurs amidst ongoing due diligence for a potential mega-merger between Reliance and Walt Disney, which could forge a media giant with revenues nearing ₹25,000 crore.
Sony-Zee Mega Merger Appears To Have Collapsed Before Deadline Day
|For a formal termination of the merger, both parties must notify regulatory bodies, including the National Company Law Tribunal, the Competition Commission of India, and stock exchanges.
Disney Star, Viacom 18 Lock Horns In Advertising Duel For IPL 2024 Despite Merger Talks: Report
|Despite suffering losses in IPL 2023 due to a subdued advertising market, both Disney Star and Viacom18 are gearing up for a rebound.
Tata Consumer To Raise Funds Through ₹3,500 Cr Rights Issue After Mega Acquisitions
|On January 19, the TCPL board will convene to discuss various fundraising strategies, including the possibility of issuing commercial papers, debentures, and equity issues.
Tata Consumer Set To Acquire Capital Foods And Organic India: Should Nestle Be Worried?
|Tata Consumer Products Ltd. shares were up 3.62% at ₹1,159.80, shortly after markets opened for trading on Friday.
Small Cap Stock Jumps 11% After Announcing Major Acquisition
|Shares of Kalyani Steel continued to make gains for the third straight session on Thursday going up over 11% to hit a new 52-week high of ₹579.
Sony, Zee Continue Merger Talks Amid Cancellation Rumors: Report
|The agreement, initially signed in 2021, proposed that Sony would hold a majority stake in the new entity.
Why Zee Entertainment Shares Are Crashing 10% Today After Explosive Report On Sony Deal
|Sony is reportedly reluctant to have Goenka as CEO amid an ongoing regulatory probe. The report indicates that Sony plans to send the termination notice by January 20.
Is Sony Pulling Out Of The $10B Mega Merger With Zee Entertainment?
|In a move that's set to ripple through the Indian entertainment industry, Sony Group has reportedly decided to abandon its $10 billion proposed merger with Zee Entertainment Enterprises. This brings an end to an unsettling saga of negotiations that lasted two years.
Tata Sons Hunting For PE Suitors For Minority Stake In Tata Digital: Report
|In addition to the Tata Neu digital platform, TDPL incorporates consumer brands like Croma, loyalty programs of various brands, and digital payment services such as Big Basket, Croma, IHCL, Starbucks, Westside, Vistara and Tata Cliq.
Why This Adani Stock Is Climbing 3% Today
|Adani Energy Solutions' share price continued to make gains for the fourth straight session on Wednesday morning going up close to 3%
Why VBL Shares Jumped 17% To Hit All-Time High Today
|VBL's share price shot up sharply on Wednesday morning going up over 17% to hit a new all-time high of ₹1,380.
Tata Consumer Reportedly Tops Bid War For Fabindia-Backed Organic India
|Tata Consumer Products is reportedly leading the competition against rivals, including ITC, to secure a majority stake in Fabindia-backed Organic India, a company specializing in organic herbal and health products.
Midcap Stock Jumps 7% on Major Expansion Plans
|Devyani International's share price jumped back in the green on Tuesday morning going up over 7% to hit an intraday high of ₹196.75.