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ACQUISITION

Ex-Puma MD Abhishek Ganguly to buy sports footwear maker Mochiko Shoes

Abhishek Ganguly left Puma to start Agilitas Sports, a sportswear and Athleisure solutions platform. The company has now bought Mochiko, the country's largest sports footwear manufacturer, for an undisclosed amount New Delhi: Agilitas Sports, co-founded by former Puma India &...

Walmart acquires Tiger Global’s stake in Flipkart for $1.4 billion

The transaction took place at an enterprise valuation of around $35 billion New Delhi: US retail giant Walmart has acquired the entire stake of Tiger Global for USD 1.4 billion at an enterprise valuation of $35 billion, sources aware of...

CCI approves acquisition of commercial real estate assets by Nexus Select Trust

The proposed transaction involves the direct acquisition of 100% shareholding of 15 entities and indirect acquisition of 100% shareholding of two entities  New Delhi: Competition Commission of India on Monday approved the acquisition of commercial real estate assets by Nexus Select...

Goat Brands in talks to acquire Chumbak

Goat Brands is acquiring 80% controlling stake in Chumbak New Delhi: Goat Brands Labs, which owns a host of direct to home or D2C brands, is in talks to acquire Chumbak, two people familiar with the development said. One of them...

Delhivery to acquire supply chain solutions provider Algorhythm Tech

After the acquisition of Algorhythm Tech by Delhivery, it will operate as a wholly-owned subsidiary of the company Mumbai: Logistics firm Delhivery on Tuesday announced that it will acquire Pune-based supply chain solutions provider Algorhythm Tech to strengthen its offerings in...

Wipro acquires packaged food and spices brand Nirapara

The Wipro group arm has signed a definitive agreement with Nirapara, with this acquisition, Wipro Consumer Care joins many FMCG firms New Delhi: Wipro Consumer Care on Monday announced its entry into the packaged food and spice segment by acquiring...

HUL to acquire majority stake in OZiva and 19.8 pc in Wellbeing Nutrition; to invest Rs 335 crore

Hindustan Unilever Limited invested in OZiva and Wellbeing Nutrition to foray into the health and wellbeing segment  New Delhi: Leading FMCG maker HUL on Thursday announced the acquisition of a majority stake in OZiva and a 19.8 per cent equity in...

D2C Ecommerce acquires personal care D2C brand Luxura Sciences

D2C Ecommerce will expand its personal care and beauty segments, strengthen Luxura Sciences’ product offerings by investing in newer categories and foray into global markets New Delhi: D2C Ecommerce, a homegrown multi-brand e-commerce platform has acquired leading personal care D2C brand...

Reliance set to acquire METRO Cash & Carry India for 500 million euros

This is going to help Reliance Retail, the country’s largest retailer, expand its presence in the B2B segment New Delhi: Reliance Industries is set to acquire German retailer METRO AG’s Cash & Carry business in India in a deal estimated...
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Latest News

The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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