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Persistent Systems acquires RGEN Solutions

India Infoline News Service | Mumbai | July 06, 2015 12:18 IST

Ranga Puranik, president says Microsoft technology platforms are a key to our customers reimagining and transforming to a digital business. We have over twenty years of experience working with Microsoft, and RGen provides an ideal complement to Persistents proven expertise in several Microsoft technology areas. Our respective offerings and expertise are highly complementary, with minimal overlap

ABD to acquire controlling stake in Tilaknagar Industries

India Infoline News Service | Mumbai | July 06, 2015 08:33 IST

The desired stake valuation is believed to be somewhere in the region of Rs. 350-400 crore although all options are expected to be evaluated in the negotiations between the two parties slated to happen today in London.

MakeMy-Trip, Thomas Cook in talks to acquire Kuoni's India travel business

India Infoline News Service | Mumbai | July 06, 2015 08:15 IST

A report says that Kuoni is expecting a valuation of $50-60 mn (Rs. 315-380 crore).

M&A to get faster approvals with CCI rules

India Infoline News Service | Mumbai | July 04, 2015 09:17 IST

A report says that as per the new guidelines, a summary of every combination (merger and acquisition) under review will be published on the website of CCI.

Merger & Acquisition Round up-29 June-3 July

India Infoline News Service | Mumbai | July 03, 2015 15:43 IST

Marksans Pharma Limited has, through its wholly owned subsidiary, Marksans Pharma lnc., acquired 100% of the outstanding shares of Time-Cap Laboratories, Inc., a New York corporation having its principal office at 7 Michael Avenue, Farmingdale, New York.

India CFOs most bullish in Asia Pacific about M&A

India Infoline News Service | Mumbai | July 03, 2015 09:53 IST

69% of India CFOs said they will consider engaging in M&A activity in 2015, versus just 22% last year and compared to the average of 37% in the region. 36% of CFOs from India say they would look at major transformational deals the highest in the region while a further 20% say they expect to pursue large deals.

Spice Mobility arm acquires 26% stake in Creative Functionapps

India Infoline News Service | Mumbai | July 03, 2015 07:28 IST

Consequent to the said acquisition, Creative Functionapps Lab Private Limited has become an Associate Company of SDL.

Heinz completes Kraft purchase

India Infoline News Service | Mumbai | July 03, 2015 07:00 IST

The transaction creates the third-largest food and beverage company in North America and the fifth-largest food and beverage company in the world with an unparalleled portfolio of iconic brands.

PayPal to buy Xoom for $890 mn in cash

India Infoline News Service | Mumbai | July 02, 2015 16:55 IST

A report says that PayPal will acquire Xoom for $25 per share in cash or an approximate USD 890 million enterprise value," PayPal and Xoom Corporation said.

Capgemini completes acquisition of IGATE Corporation

India Infoline News Service | Mumbai | July 02, 2015 14:29 IST

Paul Hermelin, Chairman and CEO of Capgemini, said: This acquisition represents a major step in Capgeminis history. With IGATE, our operations in North America have taken a new dimension and are now our largest market in revenues.

Clariant completes the acquisition of Companhia Brasileira de Bentonita

India Infoline News Service | Mumbai | July 02, 2015 11:43 IST

Bentonite is a clay mineral used in the binding of iron ore for export.

Digital Service! Amadeus to acquire Navitaire from Accenture for US$830mn

India Infoline News Service | Mumbai | July 02, 2015 07:51 IST

Amadeus says complementary acquisition marks significant step in the low-cost and hybrid-carrier airline segments; will be earnings-accretive from day one; expected to close in Q4 CY15, subject to customary regulatory approvals.

Apollo Global Management, Baring Asia in race for Religare Enterprises: Reports

India Infoline News Service | Mumbai | July 02, 2015 06:44 IST

A report says that both the funds are currently conducting detailed due diligence.

Sequent Scientific to acquire 99 lk shares in Alivira from UTI fund, Devicam Cap

India Infoline News Service | Mumbai | July 01, 2015 09:11 IST

The consideration for the acquisition of Alivira shares held by Ascent and Devicam has been arrived pursuant to the valuation report prepared by an independent chartered accountant.

UPL arm completes acquisition of 40% stake in Sinagro Group

India Infoline News Service | Mumbai | June 30, 2015 16:25 IST

The company has completed the transaction to acquire 40% in the Sinagro group, a Brazilian company in the Mato Grosso.

Marksans Pharma acquires US-based Co Time-Cap

India Infoline News Service | Mumbai | June 30, 2015 09:56 IST

Marksans Pharma through its subsidiary acquired the company.

Greece crisis may have indirect impact on India: Finance Secretary

India Infoline News Service | Mumbai | June 29, 2015 14:49 IST

Fin Sec Mehrishi said that the government was in touch with the Reserve Bank of India (RBI) to deal with any situation. "Nobody can predict what the exact situation would be", says Mehrishi.

Titagarh Wagons plans to acquire French rail rolling stock firm

India Infoline News Service | Mumbai | June 29, 2015 06:23 IST

The deal is expected to be finalised in a week and may cost Rs.300 crore.

Merger & Acquisition Round Up - June 22 to 26, 2015

India Infoline News Service | Mumbai | June 26, 2015 17:08 IST

The shareholders of Cover-All Technologies will consider a possible merger with Majesco the US subsidiary of Mastek, according to reports.

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Recent Reports

Weak start to the July series; Sensex, Nifty to open lower

India Infoline Research Team / 08:44, Jun 26, 2015

IIFL is hosting 10 companies at a Management Roadshow in Mumbai today. The opening is a subdued start. US market saw minor losses with Dow, S&P 500 and Nasdaq closing marginally lower.

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