"MERGERS & ACQUISITIONS IN INDIA"
For Bank Exams-SSC CGL-Railways-CS
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Sl. No.
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Name of the Organizations/
Companies
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Date of Announcement
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1.
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News Corp.-backed real estate portal Prop Tiger stated that Mumbai-based Housing.com will merge with it in an
all stock deal
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10th January, 2017
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2.
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Freshdesk, a cloud based customer service
software provider, acquired Pipemonk,
a data integration platform that works on the software-as-a-service model and
permit companies to synchronize and move data among multiple cloud apps rapidly
and easily.
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5th January, 2017
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3.
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Business process Management Company WNS Global Services announced
acquisition of US-based Denali Sourcing
Services for $40 million to
improve its strength in the sourcing and procurement capabilities.
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10th January, 2017
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4.
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Wipro Ltd.- India’s third-largest software
services exporter, declared that it has entered into a pact to acquire
Brazilian IT firm InfoSERVER SA
for $8.7 million to expand its
presence in Latin America
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25th January, 2017
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5.
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Aurobindo Pharma Ltd. declared that
it had acquired four cell cultures derived Biosimilar products from TL Biopharmaceutical AG of Switzerland.
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9th February, 2017
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6.
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Telecom operator Bharti Airtel announced that it had
entered into a determinant agreement with Telenor South Asia Investments Pvt. Ltd. to acquire Telenor (India) Communications Private
Limited.
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23rd February, 2017
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7.
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Sony Pictures Networks India - a
wholly-owned conducive of Sony
Corporation announced the completion of the first phase of the two-phased
acquisition of “TEN Sports” from Zee Entertainment Enterprises Limited.
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28th February, 2017
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8.
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Havells India announced the
acquisition of Lloyd Electric's
consumer durable business for an enterprise value of Rs 1600Crores.
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21st February, 2017
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9.
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Education venture Byju has merged Bengaluru-based
career guidance and academic profile builder Vidyartha for nearly Rs.
50Crores
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17th January, 2017
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10.
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Tata AutoComp Systems Ltd, Tata group’s
auto component-making firm, completed the acquisition of TitanX, a global engine cooling supplier - according to the press
release issued by Tata AutoComp
Systems.
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2nd January, 2017
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