Page 20 - Majority Stake News Today

Tata Digital, the subsidiary of Tata Sons, said on Thursday it is acquiring a majority stake in digital health startup 1mg, the latest in a series of investments as the salt-to-steel Indian conglomerate enters the digital consumer space. The firms didn't share the financial details of the deal, but earlier local media reports suggest that Tata Digital was planning to invest between $100 million to $110 million in the six-year-old Indian startup for 65% stake. A spokesperson for Tata Digit...

Tata Digital acquires majority stake in 1MG June 10, 2021 This is the third major acquisition by Tata Digital after bigbasket and CureFit Tata Digital on Thursday said it will acquire a majority stake in digital health company 1MG Technologies. This is the third major acquisition by Tata Digital after bigbasket and CureFit. Incorporated in 2015, 1MG is a leading player in the eHealth space and enables easy and affordable access to a wide range of products like medicines, health and wellness pr...

Little Black Book, The move is consistent with MullenLowe Group’s strategy to empower local partners, who are incentivised to deliver market, team and individual skill sets based on market experience

BENGALURU (Reuters) -Tata Sons has acquired a majority stake in online grocery seller BigBasket, putting the Indian conglomerate in a direct race with e-commerce players Amazon.com Inc, Walmart's Flipkart and Reliance Industries. The stake was bought by Tata Digital Limited, a unit of Tata Sons. Tata on Friday declined to give further details on the deal, while BigBasket did not immediately respond to a Reuters request for comment.

KKR Buys Majority Stake in Environmental Resources Management from OMERS and AIMCo Posted on 05/17/2021 OMERS Private Equity and Alberta Investment Management Corporation, on behalf of certain of its clients (AIMCo), signed an agreement to sell their majority 60% stake in Environmental Resources Management (ERM) to KKR. As part of the deal, ERM’s management team and partners will retain a minority stake in the business. U.K.-headquartered ERM is the world’s largest pure-play sustainability ...

In January this year, the group had announced that the acquisition is being carried out by Samvardhana Motherson Automotive Systems Group BV (SMRPBV), through its subsidiary Samvardhana Motherson Reflectec (SMR).

Press release content from Newswire. The AP news staff was not involved in its creation. EW Healthcare Partners Announces the Acquisition of a Majority Stake in Laboratoires Majorelle April 30, 2021 GMT EW Healthcare Partners Announces the Acquisition of a Majority Stake in Laboratoires Majorelle LONDON - April 30, 2021 - ( Newswire.com ) EW Healthcare Partners (“EW”) has acquired a majority stake in Laboratoires Majorelle (“Majorelle”) from its Founders to support its growth and Europe...

Toggle navigation The transaction will trigger open offer for acquisition of up to 26 pc stake at a price of Rs 1,677.16 per share Blackstone commits up to $2.8 billion to acquire controlling stake in Mphasis ANI | Updated: Apr 26, 2021 13:30 IST Mumbai (Maharashtra) [India], Apr 26 (ANI): Global investment firm Blackstone on Monday announced that private equity funds managed by it have entered into definitive agreements to acquire a majority stake in...

This press release contains forward-looking statements that reflect the Companys current beliefs, expectations or intentions regarding future events.  Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements.  Words such as "will," "will be,"  "anticipate," "predict," “expect” "continue," "future," and similar expressions are intended to identify such forward-looking statements. All forward-looking statements invol...

Adani Ports’ stake increases to 75% in AP’s Krishnapatnam Port Together with the 75 per cent ownership acquired in October 2020, the acquisition implies an enterprise value of Rs 13,675 crore. By IANS|   Posted by Sruthi Vibhavari  |   Published: 5th April 2021 11:46 am IST Krishnapatnam Port is located on the east coast of India in Nellore district of Andhra Pradesh. Nellore: Private sector ports and logistics company Adani Ports and Special Economic Zone Ltd. (APSEZ) is acquiri...