Merger and Acquisition Round up - September 19 to 23, 2016

India Infoline News Service | Mumbai | September 23, 2016, 18:03 IST

This week saw TeamLease acquire Nichepro Technologies, among other developments. IIFL presents a weekly snapshot of all the major happenings in the Merger and Acquisition industry, nationally and internationally.

Top News
Essel Propack to acquire 100% stake in Essel Deutschland Germany
Essel Propack Limited, a global leader in laminated plastic tubes catering to the FMCG & Pharma  space, announced  a  complete  buyout  of Essel Deutschland Germany (EDG). Following this transaction, EDG will be a 100% subsidiary of Essel Prepack. Read More
Domestic News
Edelweiss Group to acquire Ambit Alpha Fund
Edelweiss and Ambit announced that an Edelweiss group entity has agreed to acquire Ambit AlphaFund, a category III Alternate Investment Fund with an AUM of over INR 1,100 crore, and will be its new investment manager. The transaction is subject to due diligence and requisite regulatory approvals. Read More
TeamLease acquires Nichepro Technologies
TeamLease Services Limited, one of India’s largest staffing companies, announced the signing of a definitive agreement to acquire Nichepro Technologies Private Limited. The transaction remains subject to customary  closing conditions and regulatory approvals. Read More
Amdocs acquires three leading tech companies to expand digital offering
Amdocs, the leading provider of customer experience solutions, announced it has closed the acquisition of three privately owned companies – Vindicia, Brite:Bill and Pontis - in line with the company’s digital strategy. Read More
Dentsu Aegis Network acquires Perfect Relations Group in India
Dentsu Aegis Network announces the acquisition of Perfect Relations Group, one of the largest public relations (PR) groups in India, to become a member of Dentsu Aegis Network India, retaining its branding. Read More


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