Tag Archives: M&A news

After IPOs, Acquisitions Dominate Microfinance Sector

Amid rumours of IndusInd Bank acquiring Bharat Financial or former SKS Microfinance, which was the first to go IPO route to successfully raise funds, markets are set to turn their attention to the lucrative market segment again. Private Banks have increasingly turned their attention to microfinance institutions as the IPO route has clearly indicated their potential not only as junior ...

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Sony Pictures Television To Acquire Majority Stake In IMS Internet Media Services

Sony Pictures Television (SPT) has signed an agreement to acquire a majority stake in IMS Internet Media Services (IMS), one of Latin America’s largest ad sales and media buying firms in the digital space. Both Andy Kaplan, president of SPT and Gaston Taratuta, CEO, Founder for IMS are expected to sign the deal once the regulatory approval is obtained. “Gaston and his team are experts in the digital space and they have created ...

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Why Ratan Tata Acquired Xiaomi, not Micromax?

It should not come as a surprise for those who know Ratan Tata’s enthusiasm at ano car and no-nonsense approach to buy big or small companies, if it makes perfect sense. No wonder, Xiaomi has made a cut with Ratan Tata when the Chinese smartphone make said on Sunday that the chairman emeritus of the Tata group, has acquired a ...

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Snapdeal snaps up fashion portal Exclusively.com

Online shopping portal Snapdeal.com has acquired premium and luxury fashion site Exclusively.com, a company statement by the former said here Wednesday. With this acquisition, Snapdeal.com looks to further strengthen its fashion business and reach $2 billion in gross merchandise value in the fashion category this year. However, the company declined to disclose the deal size. Currently the fashion business contributes ...

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Murdoch Firm Acquires Mumbai Startup BigDecisions.Com,

Murdoch’s NewsCorp has acquired Indian firm BigDecisions.com based in Mumbai, setting off the trend to acquire more Indian web properties in the future. The website BigDecisions.com, started in early 2013 by Manish Shah and Gaurav Roy, helps Indian consumers make their big financial decisions through interactive decision-making tools powered by innovative and advanced algorithms and data. It has claimed to ...

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