M&A

Accenture Song acquires Work & Co., expanding its digital design capabilities

10 Jan 2024

In a move to boost its digital design and technology portfolio, Accenture Song, the creative services arm of global consulting powerhouse Accenture, has sealed a deal to acquire Work & Co., a prominent digital design and technology agency based in Brooklyn, N.Y.

Accenture Song acquires Work & Co., expanding its digital design capabilities

10 Jan 2024

In a move to boost its digital design and technology portfolio, Accenture Song, the creative services arm of global consulting powerhouse Accenture, has sealed a deal to acquire Work & Co., a prominent digital design and technology agency based in Brooklyn, N.Y.

Hewlett-Packard Enterprise in advanced talks to acquire Juniper Networks in $13 billion deal

09 Jan 2024

Hewlett-Packard Enterprise (HPE) is currently engaged in discussions to acquire Juniper Networks in a deal estimated at approximately $13 billion, as disclosed by sources on Monday, 8 January 2024.

Hewlett-Packard Enterprise in advanced talks to acquire Juniper Networks in $13 billion deal

09 Jan 2024

Hewlett-Packard Enterprise (HPE) is currently engaged in discussions to acquire Juniper Networks in a deal estimated at approximately $13 billion, as disclosed by sources on Monday, 8 January 2024.

Gail and Vitol sign 10-year LNG supply contract

08 Jan 2024

Gail (India) Limited and Vitol Asia Pte Ltd on Friday announced the signing of a long term LNG supply contract, under which the Switzerland-based Dutch trading company will supply a million tonnes of LNG

American Tower sells its India business to Canada’s Brookfield in a $2.5 bn deal

05 Jan 2024

American Tower Corp (ATC) has agreed to sell its India operations to Canadian buyout firm Brookfield in a deal worth around Rs21,000 crore ($2.5 billion) in total.

India's fintech sector faced a 63% funding decline in 2023

04 Jan 2024

Amid the funding winter, India’s fintech sector experienced a significant setback, with a 63% decline in fund inflows throughout 2023, according to a report by Tracxn.

Reliance and Disney initiate antitrust diligence for merger in India

04 Jan 2024

Indian business tycoon Mukesh Ambani’s Reliance Industries and global entertainment giant Walt Disney have taken decisive steps towards their proposed merger with the Indian media and entertainment sector.

ONGC considers oil as an option to recover $600 million from the Venezuelan dividend

03 Jan 2024

ONGC Videsh, the overseas investment arm of India’s Oil and Natural Gas Corp., is actively considering alternatives, including the allocation of oil by Venezuela’s state oil company, PdVSA, to reclaim its outstanding $600 million dividend.

Vodafone Idea denies talks with Elon Musk's Starlink; shares dip 5%

02 Jan 2024

In a recent statement, Vodafone Idea, a major Indian telecom operator, clarified that it is not engaged in discussions with Elon Musk’s Starlink for a potential tie-up.

ExxonMobil hands over operations of Iraqi oil field to PetroChina

02 Jan 2024

US oil giant ExxonMobil has exited the West Qurna 1 oilfield in southern Iraq and handed over its operations to PetroChina as the principal contractor, reports citing an Iraqi deputy oil minister said on Monday.

Bristol Myers Squibb to acquire RayzeBio for $4.1 billion in cash

31 Dec 2023

American multinational pharmaceutical company Bristol Myers Squibb on Tuesday said it would buy RayzeBio for about $4.1 billion to bolster its cancer drug business

AstraZeneca to buy China's Gracell Biotechnologies for $1.2 bn

27 Dec 2023

Anglo-Swedish multinational pharmaceutical and biotechnology company AstraZeneca has agreed to acquire China-based Gracell Biotechnologies Inc, for about $1.2 billion.

Reliance, Disney to consolidate media operations in India

26 Dec 2023

Reliance Industries is reported to have signed a non-binding agreement with Walt Disney Company for merger of their media operations in India.

Bristol Myers to buy schizophrenia drugmaker Karuna Therapeutics for $14 bn

26 Dec 2023

Bristol Myers Squibb on Friday agreed to acquire Karuna Therapeutics, a pioneer in schizophrenia drugs, for $330 per share in cash

RBC gets govt nod for $10 bn acquisition of HSBC Canada

23 Dec 2023

The Canadian government on Thursday granted approval for Royal Bank of Canada’s C$13.50 billion ($10.20 billion) acquisition of the Canadian assets of HSBC (HSBC Canada)

RBC gets govt nod for $10 bn acquisition of HSBC Canada

23 Dec 2023

The Canadian government on Thursday granted approval for Royal Bank of Canada’s C$13.50 billion ($10.20 billion) acquisition of the Canadian assets of HSBC (HSBC Canada)

Deadline for $10-bn Zee-Sony merger extended by a month

22 Dec 2023

Zee Entertainment Enterprises Ltd (ZEEL) and Sony Group Corporation have arrived at an agreement to extend the deadline for their $10 billion merger bay a month.

Zomato denies an acquisition offer for Shiprocket amidst market speculation

22 Dec 2023

In response to recent reports suggesting a potential $2 billion acquisition offer for delivery platform Shiprocket, Zomato has strongly denied the claims.

Zomato explores a $2 billion acquisition of Shiprocket

21 Dec 2023

In a strategic move, Zomato, the renowned food delivery platform spearheaded by Deepinder Goyal, is eyeing the acquisition of Shiprocket, a prominent e-commerce shipping startup.

CCI approves Nirma’s acquisition of 75% stake in Glenmark Life Sciences

21 Dec 2023

The Competition Commission of India (CCI) has approved acquisition of majority shareholding of Glenmark Life Sciences (GLS) Limited by the Nirma Limited.

Warner Bros. Discovery CEO explores potential deal with Paramount Global

21 Dec 2023

In a strategic move within the entertainment industry, Warner Bros. Discovery CEO David Zaslav recently engaged in talks with Paramount Global CEO Bob Bakish.

IBM to acquire Software AG’s StreamSets and webMethods platforms for €2.13 bn

20 Dec 2023

IBM on Monday announced the signing of a definitive agreement to acquire StreamSets and webMethods technology platforms from Software AG, for €2.13 billion in cash.

SpiceJet, 2 other entities show interest in bankrupt Go First

20 Dec 2023

Three companies, including budget carrier SpiceJet, Africa-focused Safrik Investments and Sharjah-based aviation company Sky One, have reportedly expressed interest in acquiring beleaguered carrier Go First.

Adani takes control of news agency IANS with 50.5% stake

16 Dec 2023

Adani Group firm AMG Media Networks has acquired a 50.50 per cent stake in news agency Indo-Asian News Service Pvt Ltd (IANS), expanding the group’s presence in the media sector.