Emami Ltd, a major player in India’s fast-moving consumer goods (FMCG) sector, has reached a significant milestone by agreeing to acquire a 100% stake in Helios Lifestyle Pvt Ltd, the owner of the premium men’s grooming brand, ‘The Man Company’. This acquisition involves Emami purchasing the remaining 49.60% of Helios’ equity, adding to its existing […]
Marathon Oil Corporation (NYSE: MRO) has announced that it has received the requisite approval from its stockholders for the proposed merger with ConocoPhillips (NYSE: COP). The approval was granted during a special stockholder meeting, and Marathon Oil is expected to disclose the results in a Form 8-K filing with the U.S. Securities and Exchange Commission […]
Zensar Technologies, a prominent player in experience engineering and technology solutions, has announced robust financial results for the first quarter of fiscal year 2024-2025, showcasing significant growth across multiple business verticals. For the quarter ending June 30, 2024, Zensar Technologies reported a revenue of $154.4 million, reflecting a sequential growth of 4.2% in reported currency […]
Meson Valves India Limited, a key player in the global valve manufacturing sector, has announced its acquisition of Milindpra Castings Private Limited, marking a strategic expansion into the metal casting and foundry industry. This acquisition involves Meson Valves purchasing 7,033 shares at a price of ₹10 per share, totaling a financial consideration of ₹70,330. The […]
Spectris plc (SXS: LSE), a leader in precision measurement, has announced a definitive agreement to acquire SciAps Incorporated, a specialist in handheld instruments, for a total consideration of up to $260 million (£205 million). This acquisition, comprised of an upfront payment of $200 million (£157 million) and a deferred payment of up to $60 million […]
In a significant move to strengthen its position as a leading integrated offshore services provider, DOF Group ASA has entered into an agreement to acquire Maersk Supply Service A/S (MSS) from Maersk Supply Service Holding A/S, a subsidiary of A.P. Møller Holding A/S. This strategic acquisition, valued at approximately USD 1.112 billion, involves a payment […]
Fifty 1 Labs, Inc. (OTCPK: CAFI), a leading innovator in the sports supplement, sports equipment, and health and wellness industries, has announced the acquisition of Drago Knives, LLC, a Florida-based specialist in innovative throwing knives, for an undisclosed sum. This acquisition marks a significant expansion for Fifty 1 Labs into the dynamic and growing market […]
In a transformative development for the home improvement sector, The Home Dubai, the world’s largest home improvement retailer, has officially acquired SRS Distribution, Inc. for a total enterprise value of approximately $18.25 billion. Announced in late March 2024, and completed just recently, this acquisition represents a strategic expansion of The Home Depot’s footprint in the […]
In a significant development in the global weather forecasting industry, Windyty, S.E., known for its popular weather platform Windy.com, has acquired a majority stake in Meteoblue, A.G., a Basel-based company renowned for its highly accurate weather forecasting services. This strategic acquisition enhances Windyty, S.E.’s position as an industry leader and expands its technological and operational […]
In a significant expansion of its natural gas distribution network, Enbridge Inc. has successfully completed the acquisition of Questar Gas Company and its affiliated cost-of-service gas supply company, Wexpro, from Dominion Energy for $4.3 billion. This transaction, part of a larger $14 billion deal involving two other natural gas utilities—East Ohio Gas and Public Service […]