Merger and Acquisition
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Franchise India Bureau Feb 16 2018 - 1 min readTV18 Home Shopping Network Ltd (HomeShop18) and Shop CJ Network (Shop CJ) have completed the merger today making the combined entity largest TV home-shopping network in India. Homeshop18 (a subsidiary of Network18 Media and Investments) and Shop CJ Network had announced the merger of businesses of both entities last year in September. Network18 Media and ...
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Reetika Bose Dec 04 2017 - 4 min readMerger and acquisition (M&A) is the path businesses take to achieve exponential and not just linear growth and therefore continues to generate interest. The Indian M&A landscape is no different. M&As have become an integral part of the Indian economy and daily headlines. Based on macroeconomic indicators, India is on a growth trajectory, with the ...
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Franchise India Bureau Dec 02 2017 - 2 min readIn a stock-exchange disclosure Cipla Ltd said that, Cipla Holding B.V. has entered into an agreement with PharmaS to sell its 100% equity stake in Cipla Croatia for $1.1 million (Rs 7 crore). The buyer will pay $550,000 upfront and the remaining amount will paid in two tranches, on the first and second anniversary of ...
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Franchise India Bureau Dec 01 2017 - 1 min readKishore Biyani led Future Retail Ltd acquired entire shareholding in Shoppers Stop subsidiary Hypercity. "...The company along with other sellers have transferred their entire equity shareholding held in Hypercity to Purchaser (Future Retail) on November 30, received part of cash consideration and share consideration consisting of over 47.56 lakh equity shares of Rs 2 ...
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Franchise India Bureau Sep 29 2017 - 1 min readNext Education, Hyderabad-based learning solution provider for K-12 students, has acquired Xolvr, edtech startup for an undisclosed amount.Post acquisition, Xolvr team is learnt that it is going to move to Hyderabad and its platform will be integrated to Next Education's self-learning product LearnNext.Launched in February 2016, Gurugram-based Xolvr was founded by Aamir Mojeeb and Mohammed ...