PepsiCo announces $1.2bn acquisition of Siete Foods to expand multicultural portfolio

Pallavi Madhiraju- October 3, 2024 0

PepsiCo, Inc., one of the world’s largest food and beverage companies, has announced a definitive agreement to acquire Siete Foods, a rapidly growing Mexican-American brand, ... Read More

Can Tata Technologies rebound after Citi’s cautious upgrade? The stock market waits!

Pallavi Madhiraju- September 9, 2024 0

Tata Technologies Limited, a global leader in engineering and digital services, finds itself at a crossroads as Citi, a major international brokerage firm, has revised ... Read More

Eli Lilly completes $3.2 billion acquisition of Morphic to enhance IBD treatments

Pallavi Madhiraju- August 18, 2024 0

Eli Lilly and Company has finalised its acquisition of Morphic Holding, Inc. in a landmark $3.2 billion deal, aimed at enhancing treatment options for inflammatory ... Read More

Allstate’s $2bn deal: What the sale of its employer benefits business means for you

Pallavi Madhiraju- August 15, 2024 0

The Allstate Corporation (NYSE: ALL) has finalised a landmark deal to divest its Employer Voluntary Benefits business to StanCorp Financial Group, Inc., also known as ... Read More

Citi invests in Peru’s leading FX fintech Rextie

Pallavi Madhiraju- August 26, 2023 0

Citi, a global juggernaut in foreign exchange (FX) markets, has announced a pivotal investment in Rextie, the leading fintech for FX services in Peru. This ... Read More

Data center solutions firm Chindata Group to merge with BCPE Chivalry in $3.2bn deal

Pallavi Madhiraju- August 13, 2023 0

Chindata Group Holdings Limited (Nasdaq: CD), a forerunner in providing carrier-neutral hyperscale data center solutions in Asia-Pacific emerging markets, has disclosed its merger agreement with ... Read More

Citi TTS partners with Pismo to revamp demand deposit accounts

Pallavi Madhiraju- June 18, 2023 0

Citi Treasury and Trade Solutions (TTS) is stepping up its game by partnering with Pismo, a banking and payments software company known for its innovative ... Read More

Citi to sell Russian personal installment loans business to Uralsib

Pallavi Madhiraju- October 30, 2022 0

Citigroup (Citi) said that its Russian subsidiary — AO Citibank has signed a deal to divest a portfolio of ruble-denominated personal installment loans to Russian ... Read More