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Business News: CCI approves HDFC Bank's acquisition of 4.99 pc stake in HDFC ERGO General Insurance Co

CCI approves HDFC Bank's acquisition of 4.99 pc stake in HDFC ERGO General Insurance Co : Rashtra News Fair trade regulator on Monday approved HDFC Bank's acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company. In June, HDFC Bank had said its board has given approval to buy more than 3.55 crore
Insurance Company Hdfc Ergo General Insurance Hdfc Ergo General Insurance Company Housing Development Finance Corporation

Conrad makes acquisition | OPI - Office Products International

European online marketplace reseller Conrad recently acquired electronic components supplier Electronic Direct (ED). Germany-based ED was founded at the end of the 1990s and specialises in sourcing components for companies in the industrial, automotive, medical technology, aerospace and telecommunications sectors. As part of the Conrad Group since February, it will continue to operate as a
Ulrich Vogel Kornelius Schmidt Nikolas Steiger Ulrich Vogel Kornelius Schmitz Conrad Group Electronic Direct
Source: opi.net

Imperial Dade acquires in New York | OPI - Office Products International

Imperial Dade has made its 82nd acquisition, this time in New York City. The company has bought Queens-based JAD Building Maintenance Supplies for – as usual – an undisclosed sum. Run by the Dussich family, JAD has been in existence for more than 60 years and supplies clients in all five boroughs of New York
United States Long Island New York New Jersey Imperial Dade Maintenance Supplies
Source: opi.net

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Bruker acquires molecular diagnostics provider Elitech for €870M

Continuing its aggressive buying spree, Bruker Corp. entered into a definitive share purchase agreement with Tecfin S.à r.l. to acquire molecular diagnostics (MDx) company Elitechgroup SAS for €870 million (US$943.5 million), excluding the Elitech clinical chemistry business. The deal is expected to close in the second quarter of 2024 and will be funded with a mix of cash on hand and debt financing.
Bruker Corp Bioworld Medtech Infectious Diseases Bruker Corp Tornado Spectral Systems Inc Nion Llc

Ease of doing biz: Sebi mulls relaxing enhanced disclosure framework for certain FPIs

​Capital markets regulator Sebi on Wednesday proposed relaxing rules for certain Foreign Portfolio Investors (FPIs) from enhanced disclosure requirements in a bid to promote ease of doing business.
Qs World University Rankings Exchange Board Of India Sebi Foreign Portfolio Investors Minimum Public Shareholding Exchange Board Assets Under Management

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