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Latest Articles in mergers

Zoomcar And Innovative International Merges To Be Publicly Listed

Zoomcar and Innovative International enter into a merger agreement. The agreement will make the company publicly listed after the completion of the transaction the company will be renamed 'Zoomcar Holdings'

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Tata Industries To Hive Off Few Of Its Startup Businesses

Tata Industries is an investment holding company and has backed and promoted new business ventures. Last year, Tata Consumer Products acquired Tata SmartFoodz from Tata Industries Limited while Tata Advanced Materials was merged into Tata Aerospace

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L&T Infotech And Mindtree Announce Merger

Upon the scheme becoming effective, all shareholders of Mindtree will be issued shares of L&T Infotech at the ratio of 73 shares of LTI for every 100 shares of Mindtree. The new shares of LTI so issued will be traded on the NSE and BSE

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Adlai Nortye Raises $100 Million In Series D Financing

Proceeds from the financing will be used to accelerate the development of ongoing clinical and preclinical programs, expand drug portfolio through in-house R&D capability, in-licensing, mergers, and acquisitions, and other strategic collaborations

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Xebia Acquires Oblivion To Strengthen Its Cloud Capabilities

This acquisition will enable Oblivion to build new capabilities in ‘Cloud’, invest in Research and Development, expand in new geographies like North America, Middle East and Asia across verticals such as BFS, Retail & CPG, TTH etc

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Masai School Acquires UI/UX skilling platform Design Shift Academy

Founded with the ideology that “institutes should be equal stakeholders in student outcomes”, Masai School’s vision is to be able to help young professionals launch their careers in a field of their choice, irrespective of what background they come from

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Xto10x Acquires HR Tech Dockabl

The acquisition strengthens xto10x’s product suite that today includes 10xGoals (OKR strategy to execution platform) and 10xPeople (employee sentiment analysis and engagement platform)

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Mindtree To Acquire L&T's NxT Digital Business For INR 198 cr

The acquisition would enable Mindtree to capture opportunities in the IoT and Industry 4.0 market by leveraging NxT Digital Business capabilities to cross-sell and create holistic solutions for new prospects as well as for existing clients, a regulatory filing said.

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Hike Brings On Board Manav Arya As Head of Rush to Lead New Bite-Sized Entertainment Offering

"This is not just a platform for users to win money in games, but a community of players with integrity, who are committed to sportsmanship, transparency, and fair play. Hike is here to change the game, quite literally & I`m glad to be part of it." - Manav Arya

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Singapore NRI Media Entrepreneurs Led SPAC Announces Merger With Anghami

Anghami will become the first Arab technology company to list on NASDAQ New York via a merger with Vistas Media Acquisition Company Inc. The transaction implies an initial pro-forma enterprise valuation of approximately $220 million, or 2.5x 2022 estimated revenues. The transaction is expected to close in Q2 of 2021.

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