Page 86 - Acquisition News Today

Leading consumer companies in India, such as Godrej Consumer Products Ltd and Tata Consumer Products Ltd, are actively seeking opportunities for acquisitions in order to expand their portfolios and enter new categories.

US Senator Ben Cardin has ended his objection to a $3.9 billion drone deal with India after months of discussions with the Biden administration. The US has agreed to sell 31 armed drones to India at an estimated cost of $3.99 billion. The deal will enhance Indias capability to meet threats by enabling unmanned surveillance and reconnaissance patrols in sea lanes.

With this, all regulatory approvals for the proposed acquisition are in place. Bandhan received the Reserve Bank of Indias go-ahead four weeks ago.

Trinity Biotech plc. paid $12.5 million to acquire Waveform Technologies Inc.’s biosensor and continuous glucose monitoring (CGM) assets. It also formed a partnership with Bayer AG to launch a CGM biosensor in China and India. These moves are part of Trinity’s transformation strategy to become a leading player in wearable biosensor technology.

JSW Infrastructure on Friday reported a more than two-fold jump in its consolidated net profit to Rs 253.57 crore in the October-December quarter of this fiscal, driven by higher income. The countrys second-largest private port operator posted a net profit of Rs 116.38 crore during the October-December period of 2022-23.

Inside the Market’s roundup of some of today’s key analyst actions

Ottawa-based workplace analytics startup Relogix has been acquired by London and Marlborough, Mass HubStar for an undisclosed amount.

Portuguese authorities approve Taiwan Cement Corporation's Cimpor acquisition

Customer platform provider HubSpot and social media app TikTok have announced a partnership to make community-based customer acquisition “easier than...

The TeraPast Group signed the agreement for the acquisition of the Wolfgang Freiler Group from the Uhl family of Austria, a transaction worth…