M&A
General
Mitsui Sumitomo Picking 26% In Max New York Life Insurance For $530M
Japan’s Mitsui Sumitomo Insurance Company Ltd is acquiring 26 per cent stake in Max New York Life Insurance Company Ltd ......
Manufacturing
Elecon Engineering Hires Ambit For Strategic Stake Sale
Elecon Engineering Co. Ltd, a Baroda-based engineering firm, is looking to raise Rs 150-200 crore by inducting a strategic partner. ......
Manufacturing
Bunge To Acquire Edible Oil Biz Of Amrit Group For $78M
NYSE-listed Bunge Ltd has struck a deal to acquire the edible oil business of Noida-based diversified Amrit Group in a ......
TMT
Facebook To Buy Instagram For $1B
Facebook will pay $1 billion in cash and stock for Instagram, a 2-year-old photo-sharing application developer, in its largest-ever acquisition ......
TMT
Tyroo Backs Management Buyout Of Affiliate Ad Network DGM India
Ad network Tyroo Media Pvt Ltd has joined hands with Anurag Gupta for a management buyout of affiliate ad network ......
Engineering
UK-based OCS Group Picks 51% In Absotherm Facility Management Co
OCS, the UK-based facilities services group, has invested about Rs 125 core ($24.5 million) to pick 51 per cent stake ......
TMT
Snapdeal Buys Sports & Fitness Equipment E-com Startup eSportsBuy
E-commerce firm Jasper Infotech Pvt Ltd, which runs the daily deals and now horizontal e-com site Snapdeal.com, has acquired eSportsBuy.com, ......
Manufacturing
PGC Textile To Complete Buyout Of Swiss Apparel Firm Switcher For $30M
Tirupur-based PGC Textiles Ltd is buying out the 14 per cent stake it does not own in the Swiss apparel ......
TMT
Blackstone-backed Jagran Prakashan Acquires NaiDunia
Jagran Prakashan has acquired NaiDunia Media Pvt Ltd, by buying the publishing house’s parent company Suvi Info Management (Indore) Pvt ......
TMT
Affle, D2 Communications Acquire Mobile Marketing Firm MobiMasta
Singapore-headquartered mobile media messaging and advertising company Affle and Japan-based mobile advertising firm, have floated a joint venture called ad2c ......
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