M&A

CCI Approves Merger Of Tata Motors Finance With Tata Capital
|The Competition Commission of India (CCI) has given the green light for the proposed merger of Tata Motors Finance Limited (TMFL) into Tata Capital Limited (TCL).
Suzlon Completes Acquisition Of 51% Stake In Renom Energy Services
|Suzlon Energy has confirmed the successful acquisition of a 51% stake in Renom Energy Services Private Limited.
Texmaco Completes Acquisition Of Jindal Rail Infrastructure
|The acquisition was made from JRIL's existing security holders, JITF Urban Infrastructure Service and Siddeshwari Tradex Private.
Reliance-Disney's ₹70,000 Cr Merger Gets Competition Commission's Approval
|The CCI has approved the merger, subject to the compliance of voluntary modifications. A detailed order from the Commission is expected to follow.
Zomato Completes Paytm's Ticketing Business, Shares Upbeat In Early Trade
|Zomato's share price was back in the black on Wednesday morning, set to halt its two-session losing streak.
Zomato To Buy Paytm's Entertainment Ticketing Business In ₹2,048 Cr Deal
|Paytm is set to offload its entertainment ticketing business to Zomato for a whopping ₹2,048 crore. This decision is part of Paytm's plan to concentrate more on its primary payments and financial services.
CCI Reportedly Raises Red Flags On Reliance-Disney Merger, Cricket Broadcasting Rights In Focus
|The Competition Commission of India (CCI) has raised concerns over the proposed $8.5 billion (around ₹70,500 crore) merger between Reliance and Walt Disney. The antitrust body has cited potential harm to competition, especially in the sphere of cricket broadcast rights.
JSW Steel To Invest ₹1,000 Cr To Acquire 66.67% Of This Australian Mining Firm, Shares Flat
|The transaction will be carried out through its wholly-owned subsidiary, JSW Steel Netherlands BV. The subsidiary will acquire 60,000,000 shares in M Res NSW.
Suzlon Shares Jump 4% After Announcing Major Acquisition Worth ₹660 Cr
|Suzlon's share price surged up close to 5% on Wednesday morning to hit an intraday high of ₹69.40.
Suzlon To Buy 76% Stake In Renom Energy For ₹660 Cr
|Suzlon Group has announced its acquisition of a 76% stake in Renom Energy Services Private Limited, a top multi-brand renewable energy operations and maintenance service company in the country.
Texmaco Rail Shares Soar 5% After Major Acquisition To Expand Wagons Market Presence
|Texamaco Rail's share price surged on Friday morning, going up over 5% to hit an intraday high of ₹292 — close to its 52-week high of ₹296.49.
Texmaco Rail To Acquire Jindal Rail Infra For ₹615 Cr
|Texmaco Rail & Engineering has announced its acquisition of Jindal Rail Infrastructure Limited. The deal is expected to strengthen Texmaco's presence in the private freight rolling stock sector.
Nazara Technologies Takes Full Control Of Paper Boat Apps In ₹300 Cr Deal
|Nazara Technologies has declared the purchase of the remaining 48.42% stake in Paper Boat Apps Pvt. Ltd (PBA), thereby gaining complete ownership of the company.
Hindustan Unilever Shares Gain On Sale Of Pureit Business
|The sale will be conducted on a slump sale basis, following the board's decision to transfer it to A.O. Smith India Water Products.
Adani Wilmar Diversifies Portfolio With Majority Stake Acquisition In Speciality Chemicals Company
|In a strategic move to expand its footprint in the speciality chemical industry, Adani Wilmar Limited has announced the acquisition of a 67% stake in Omkar Chemical Industries Private Limited (OCIPL), a Gujarat-based speciality chemicals company.
L&T's Semiconductor Unit To Acquire Bengaluru-Based Company For ₹183 Cr
|Larsen & Toubro Limited (L&T) has announced that its subsidiary, L&T Semiconductor Technologies Limited, will acquire a 100% stake in SiliConch Systems Private Limited.
Cement Wars Heat Up As Ultratech Reportedly Back In Talks To Acquire Orient Cement
|Birla's re-entry into the race underlines his determination to bolster Ultratech's position in the cement industry in a bid to trump Adani.
Persistent Systems To Acquire US-Based Starfish Associates For ₹171 Cr
|In a strategic move to bolster its AI-powered contact center and unified communications, Pune-based Persistent Systems has acquired New Jersey-based Starfish Associates.
Patanjali Foods' Share Price Briefly Hits All-Time High Amid Plans To Acquire Parent's Non-Food Business
|The acquisition will consolidate Patanjali's FMCG product portfolio, bringing key synergies in brand equity, product innovation, cost optimisation, infrastructure, operational efficiency and market share growth.
JSW Infra Share Price Shoots Up 4.5% As It Enters Logistics With ₹1,000 Cr Acquisition
|Following the acquisition, JSW Infra will trigger a mandatory open offer, offering ₹105 per share to Navkar's minority shareholders.
Zomato Confirms Its 'In Discussion' To Acquire Paytm's Movies, Ticketing Business
|Food delivery behemoth, Zomato, has confirmed that it is in active discussions with Paytm for the potential acquisition of the latter's movies and events business.
Tata Group Nears Deal To Secure Majority Stake In Vivo India: Report
|The Tata Group is reportedly on the brink of acquiring a majority stake in txxhe Indian division of Chinese smartphone manufacturer, Vivo. Concurrently, Bhagwati Products has assumed control of Vivo's manufacturing facility in Greater Noida.
Ambuja Cement's Latest Acquisition Gets Glowing Approval From Analysts, Shares Rise
|The move aligns with Adani's ambitious goal of reaching 140 million tonnes per annum capacity by 2028 and capturing a 20% market share amid strong domestic demand.
Nazara Share Price Jumps As Flagship Sportskeeda Unit Makes U.S. Acquisition
|The management said the entertainment publishing industry is more than twice the size of sports publishing, offering Absolute a significant opportunity for expansion into multiple content categories. They expressed confidence in rapidly scaling SoapCentral.
Paytm Denies News Of Adani Acquisition, Shares Hit Upper Circuit
|One 97 Communications, the parent company of Paytm, has dismissed the speculation about the Adani Group acquiring a stake in the company.
Tata To Become Sole Owners Of Tata Play As Disney Agrees To Sell 30% Stake
|Walt Disney Co. has parted ways with Tata Play, selling its minority stake to the Tata Group. This strategic decision allows the American media conglomerate to concentrate on its impending merger with Mukesh Ambani's media division in India.
Reliance's Viacom18, Star India Inch Closer To Merger As NCLT Initiates Process
|The merger, which is subject to regulatory approvals, is expected to be finalised in the upcoming months. The combined entity will have a substantial presence in the Indian media and entertainment industry, offering a diverse range of products across various segments.
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