acquisition News

Reliance Expands FMCG Empire with Strategic Acquisition of Sil Jam Brand

Reliance Consumer Products has acquired the Sil brand, a move that strengthens its position in the FMCG sector and intensifies competition with industry giants. This acquisition is...

Amazon Expands Financial Services in India with $160 Million Acquisition of Fintech Startup Axio

Amazon is set to acquire Axio, a leading digital lending startup in India, for about $160 million. This strategic acquisition aims to enhance Amazon's financial services in India, ...

United Rentals Announces $4.8 Billion Acquisition of H&E Equipment Services

United Rentals Inc. is set to acquire H&E Equipment Services Inc. for $4.8 billion, enhancing its rental fleet by 64,000 units and generating significant cost synergies.

Cleveland-Cliffs and Nucor Eye $7 Billion Takeover of US Steel Amid National Security Concerns

Cleveland-Cliffs Inc. and Nucor Corporation are preparing a $7 billion bid for US Steel, valuing its shares at $38 each. This move comes after the White House blocked Nippon Steel'...

Johnson & Johnson to Acquire Intra-Cellular Therapies in a Groundbreaking $14.6 Billion Deal

Johnson & Johnson has agreed to acquire Intra-Cellular Therapies Inc. for $14.6 billion, aiming to enhance its neuroscience portfolio and advance treatment for neuropsychiatric and...

GSK Announces Groundbreaking $1.15 Billion Acquisition of IDRx to Revolutionize GIST Treatment

GSK plc has agreed to acquire IDRx, Inc. for up to $1.15 billion, including a highly selective KIT tyrosine kinase inhibitor, IDRX-42, for GIST treatment, promising to address a si...

EU Approves Synopsys' $35 Billion Acquisition of Ansys with Conditions

The European Commission conditionally approves Synopsys' $35 billion acquisition of Ansys, requiring divestitures to preserve competition in optics, photonics, and EDA software mar...

Eli Lilly Nears $2.5 Billion Deal to Acquire Scorpion Therapeutics

Eli Lilly and Company is reportedly finalizing a $2.5 billion acquisition of Scorpion Therapeutics, with a $1 billion upfront payment and up to $1.5 billion more based on performan...

Constellation Energy to Acquire Calpine in a $26.6 Billion Deal, Aiming to Lead in Clean Energy

Constellation Energy Corporation is set to acquire Calpine Corporation for $26.6 billion, aiming to become the leading producer of clean and reliable energy in the US. The deal inc...

Hindustan Unilever Nears Acquisition of Skincare Brand Minimalist in a Game-Changing Rs 3,000 Crore Deal

Hindustan Unilever is in advanced talks to acquire skincare brand Minimalist for Rs 3,000 crore, aiming to expand its beauty and personal care offerings. This move reflects HUL's s...

Nvidia's $700M Acquisition of Run:ai Marks a New Era in AI Infrastructure

Israeli AI startup Run:ai Labs Ltd has been acquired by Nvidia for $700 million, a move that promises to significantly impact the AI infrastructure sector. Run:ai also plans to ope...

Mukesh Ambani's Reliance Expands into Healthcare with Rs 375 Crore Acquisition of Karkinos

Reliance Industries, led by Mukesh Ambani, has acquired Karkinos Healthcare for Rs 375 crore, marking a significant expansion into the oncology sector. Karkinos specializes in earl...

JSW Energy's Bold $1.4 Billion Move: Acquiring O2 Power's Green Energy Sector

JSW Energy announces a $1.4 billion acquisition of O2 Power's green energy business, aiming for a 20 GW capacity by 2030. The deal, through JSW Neo Energy, includes a 4.7 GW portfo...

JSW Energy's Billion-Dollar Leap: Acquiring O2 Power for a Greener Future

JSW Energy announces a $1.4 billion deal to acquire O2 Power, aiming for a 20 GW capacity by 2030. This strategic move enhances JSW's renewable energy portfolio, marking a signific...

Nippon Steel Adjusts Timeline for US Steel Takeover to Early 2025

Nippon Steel has revised the expected closure date of its $15 billion acquisition of US Steel to the first quarter of 2025, urging President Biden for a fair evaluation amidst poli...

UltraTech Cement Acquires India Cements, Strengthening Market Dominance

UltraTech Cement has acquired India Cements, making it a subsidiary and integrating its 14.5 million tonnes capacity into UltraTech's 155 MTPA. This move strengthens UltraTech's ma...

Adani Group Expands Aviation Footprint with Air Works Acquisition

The Adani Group is acquiring Air Works, India's largest private sector MRO player, for Rs 400 crore to expand its aviation services.

Rio Tinto's $6.7B Deal: Shaping the Future of Lithium Mining

Arcadium Lithium's shareholders approve Rio Tinto's $6.7B acquisition, expected to close in mid-2025 and make Rio Tinto the world's third-largest lithium miner. Regulatory approval...

Adani Group Expands Aviation Presence with Acquisition of Leading MRO Air Works

The Adani Group acquires Air Works, India's largest private sector MRO provider, for Rs 400 crore. This strategic move aims to strengthen India's aviation infrastructure and MRO ca...

Xerox's Bold Move: Acquiring Lexmark for $1.5 Billion

Xerox Holdings is reportedly close to acquiring Lexmark International, Inc. from its Chinese owners in a $1.5 billion deal, aiming to bring the company back under U.S. ownership an...

Nvidia's Acquisition of Run:ai Gets Green Light from EU

The European Commission approves a merger deal between Nvidia Corporation and Run:ai Labs Ltd, stating it won't raise competition concerns. The $700 million acquisition was also pr...

SaemaulGeumgo Poised to Expand Business Scope with M Capital Acquisition

Saemaul Geumgo announced its intent to acquire M Capital, a specialized credit finance company, leveraging its previous position as a limited partner in a private equity fund. The ...

Unilever's Historic Sale: Unox and Zwan Brands Acquired by Zwanenberg

Unilever plans to sell its food brands Unox and Zwan to Zwanenberg Food Group, as part of a strategy to focus on fewer, bigger brands in categories like cooking aids and condiments...

Foxconn Eyes Nissan Acquisition for Electric Vehicle Expansion

Foxconn is reportedly considering acquiring Nissan to expand its electric-vehicle business, leveraging Nissan's expertise in car manufacturing and design. This move follows rumors ...

US Security Panel's Uncertainty Over Nippon Steel's Acquisition of U.S. Steel

The U.S. Treasury has informed Nippon Steel that the panel reviewing its proposed purchase of U.S. Steel has not yet reached an agreement on addressing security concerns, according...

Allianz Abandons Income Insurance Acquisition Amid Public Opposition

Allianz SE has abandoned its proposed $1.58 billion acquisition of Income Insurance Ltd due to public opposition. The deal would have made Allianz the fourth largest insurer in Asi...

Bobby Kotick Continues to Eye TikTok Acquisition Amid Regulatory Challenges

Former Activision Blizzard CEO Bobby Kotick is reportedly still considering the acquisition of TikTok, planning to hold off until after Donald Trump's expected return to office. By...

Pai Machines Acquires L&T Construction Equipment Division: A Strategic Leap into India's Growing Construction Sector

Pai Machines, a subsidiary of Infra Bazaar Tech, has acquired L&T Construction Equipment Limited's manufacturing facilities, marking a strategic expansion into India's construction...

Patient Square Capital Acquires Patterson Companies for $4.1 Billion: A New Chapter in Dental Products Market

Patterson Companies, Inc. has agreed to be acquired by Patient Square Capital for $4.1 billion. This strategic acquisition aims to maximize Patterson's value and ensure its continu...

Zalando's Billion-Dollar Acquisition of About You: A Strategic Move for Expansion

Zalando SE has announced a definitive business combination agreement to acquire About You SE & Co. KG for €1.2 billion, offering €6.5 per share. This deal represents a 12% premium ...

Nippon Steel Criticizes Political Interference in US Deal

Nippon Steel criticizes political interference in its planned acquisition of US Steel, valued at $14.9 billion. The deal is under review by a Washington body, with reports suggesti...

TeamViewer Acquires 1E for $720 Million: A Strategic Move in the Digital Workplace Market

German software company TeamViewer acquires IT firm 1E for $720 million, aiming to integrate remote access expertise with 1E's autonomous IT platform to enhance customer benefits a...