M&A
Adani Defence acquires MRO Air Works for Rs400 crore
25 Dec 2024
Adani Group has acquired an 85.8 per cent stake in Air Works, India’s largest and, perhaps, the oldest maintenance,
Honda, Nissan and Mitsubishi Motors sign MoU on collaboration
24 Dec 2024
Japanese car makers Honda Motor Co, Nissan Motor Co and Mitsubishi Motors Corporation on Monday signed a memorandum of understanding
EU approves Nvidia's $700 million deal to acquire Run:ai
24 Dec 2024
The European Commission, the executive arm of the European Union (EU), has approved Nvidia’s $700 million deal to acquire Israel-based GPU chipmaker Run:ai
Reliance Digital Health to acquire 45% stake in Health Alliance Group for $10 million
23 Dec 2024
Reliance Digital Health Ltd (RDHL), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), has agreed to acquire 45 per cent equity stake in Health Alliance Group
News Corp to sell Foxtel to DAZN for $2.1 billion
23 Dec 2024
Rupert Murdock-led News Corporation has agreed to sell its loss-making digital platform Foxtel to DAZN Group Ltd, a UK-based sports streaming platform, for an enterprise value of A$3.4 billion ($2.1 billion).
UltraTech gets CCI nod for acquiring majority stake in India Cements
23 Dec 2024
Aditya Bilrla Group flagship UltraTech Cement has received approval from the Competition Commission of India (CCI) for its proposed acquisition of a majority stake in India Cements Ltd
ABB to acquire power electronics business of Gamesa Electric in Spain
20 Dec 2024
Electrical and instrumentation major ABB has agreed to acquire the power electronics business of Gamesa Electric in Spain.
MoU between SIA-India and Ghana Space Science inked
By Venkatachari Jagannathan | 20 Dec 2024
The SatCom Industry Association-India (SIA-India) on Friday said it has inked a Memorandum of Understanding (MoU) with the Ghana Space Science and Technology Institute (GSSTI) for furthering collaboration in the satellite communication and space sector.
MoU between SIA-India and Ghana Space Science inked
By Venkatachari Jagannathan | 20 Dec 2024
The SatCom Industry Association-India (SIA-India) on Friday said it has inked a Memorandum of Understanding (MoU) with the Ghana Space Science and Technology Institute (GSSTI) for furthering collaboration in the satellite communication and space sector.
Reliance acquires 74% stake in Navi Mumbai IIA for Rs1,628 crore
16 Dec 2024
Reliance Industries Ltd (RIL) has completed the acquisition of 74 per cent equity stake in Navi Mumbai IIA Private Ltd (NMIIA), in a deal valued at Rs1,628 crore.
Hinduja Group to acquire Reliance Capital by end-January
15 Dec 2024
Hinduja Group company IndusInd International Holdings Ltd (IIHL) said it would complete the Rs9,861-crore acquisition of debt-laden Reliance Capital (RCap) by January 2025
US allegations force TotalEnergies to defer investments in Adani Group
26 Nov 2024
In signs that the US Justice Department’s accusation of corruption by the Adani Group has its intended impact elsewhere
Anglo American sells its entire coking coal business in Australia for $4.9 bn
25 Nov 2024
Anglo American has announced complete divestment of its coking coal business in Australia for $4.9 billion, with the sale of its remaining steelmaking coal business to Peabody Energy for $3.775 billion.
India’s Dhanuka Agritech to acquire two active ingredients from Bayer AG
By Venkatachari Jagannathan | 25 Nov 2024
Listed Indian crop input major the Rs.1,758.54 crore revenue Dhanuka Agritech Limited, on Monday said it has inked an agreement with German major Bayer AG
Adani Infra to acquire 30% stake in PSP Projects for Rs685 crore
22 Nov 2024
Adani Infrastructure has entered into an agreement with PSP Projects, under which Adani will acquire 30.07 per cent equity stake in the diversified construction company for Rs685.36 crore.
ABB buys minority stake in edge-to-cloud solution provider Pratexo
21 Nov 2024
Electrical infrastructure and automation technology provider ABB on Thursday announced a second round of investment in US-based edge-to-cloud software solution provider
Tatas to buy majority stake in Pegatron’s iPhone facility in Tamil Nadu: report
19 Nov 2024
Tata Electronics and Taiwanese electronics manufacturer Pegatron Corporation have, reportedly, reached an agreement under which the Tata Group company
Aditya Birla Group to double cement capacity to 200 million tonnes in 10 years
18 Nov 2024
The Aditya Birla Group is planning to expand its cement production capacity from 150 million tonnes at present to 200 million tonnes over the next 10 years.
CMA CGM seeks data compliance under EU’s new import control system
14 Nov 2024
Shipping giant CMA CGM has asked its customers to be ready with the additional mandatory data required to be provided under the European Unions’ Import Control System 2 (ICS2) regulations
IREL, Kazakhstan’s UKTMP to set up joint venture titanium slag unit in Odisha
05 Nov 2024
IREL (India) Ltd, formerly Indian Rare Earths Limited, has entered into an agreement with Ust-Kamenogorsk Titanium and Magnesium Plant JSC,
Anglo American to sell 33% stake in Australian coal mines for $1.1 billion
05 Nov 2024
British mining multinational Anglo American has agreed to sell its 33.3 per cent stake in joint venture Jellinbah Group Pty Ltd, to Zashvin Pty Limited for A$1.6 billion ($1.1 billion) in cash.
China's Sinopec signs 15-year LNG term contract with TotalEnergies
05 Nov 2024
French oil major TotalEnergies on Monday announced the signing of a long-term LNG supply contract with China’s Sinopec, under which Total will supply Sinopec 2 million tonnes
Reliance-Disney joint venture in India gets EU approval
02 Nov 2024
Star India Private Limited (SIPL), the joint venture of Reliance Industries Limited and Walt Disney
BP buys out partner in solar power venture Lightsource BP
25 Oct 2024
British oil giant BP on Thursday announced the completion of the buyout of its partner in the solar power joint venture Lightsource BP
Merck pays $30 million upfront to acquire cancer therapy developer Modifi Biosciences
24 Oct 2024
US pharma multinational Merck has acquired Modifi Biosciences, a developer of new oncology drug molecules, for $30 million upfront and up to $1.3 billion