Mergers Acquisitions News

Allsec Technologies announces merger with Quess Corp; stock climbs ~6.5%

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The Combined Entity (post-merger) will be a larger organization with expanded offerings to market.

• India Infoline News Service |
• 23 June, 2022 |
• 9:29 AM

LTI and Mindtree announce merger to create India's next large-scale IT serv...

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The new shares of LTI so issued will be traded on the NSE and BSE. Larsen & Toubro Limited will hold 68.73 % of LTI after the merger.

• India Infoline News Service |
• 06 May, 2022 |
• 8:20 AM

Acrysil UK acquires Tickford Orange and its subsidiary Sylmar Technology

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The acquisition is in line with Acrysil strategy to establish itself as a dominant player in the global kitchen and bathroom segment

• India Infoline News Service |
• 04 April, 2022 |
• 7:34 AM

Bain Capital to acquire 24.98% stake in IIFL Wealth

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The transaction is subject to regulatory and other customary approvals.

• India Infoline News Service |
• 31 March, 2022 |
• 7:28 AM

Axis Bank to acquire Citibank's consumer businesses in India

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The Bank will pay a consideration upto Rs12,325 crore to Citibank for the acquisition. Approximately 3600 in-scope consumer employees of Citibank will be absorbed in Axis Bank.

• India Infoline News Service |
• 31 March, 2022 |
• 7:28 AM

IndiaMart acquires 26% stake in IB MonotaRO

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Pursuant to this transaction, MonotaRO Co. Ltd. (Japan) will hold 51.6% stake, IndiaMart will hold a 26% stake and Emtex Engineering Pvt Ltd (representing the promoter group and early investors) will hold a 22.4% stake in Industry Buying.

• India Infoline News Service |
• 24 February, 2022 |
• 6:38 AM

Tech Mahindra acquires Com Tec Co IT Ltd and invests in two leading InsurTe...

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The acquisition of Com Tec Co IT Ltd will significantly enhance digital engineering capability and establish a scalable nearshore delivery presence in Europe with over 700 highly skilled IT professionals.

• India Infoline News Service |
• 18 January, 2022 |
• 5:44 AM

HDFC Life completes acquisition of Exide Life

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The acquisition will accelerate the scale-up of the proprietary channels, strengthen presence in South India and across tier 2 and tier 3 locations.

• India Infoline News Service |
• 03 January, 2022 |
• 5:22 AM