Minnesota, US-based food processing firm Cargill purchased the Leonardo olive oil brand from New Delhi, India-based premium wellness food provider Dalmia Continental for an estimated price of INR100 crore.
Mergers & Acquisitions
Magic Johnson purchases WNBA team LA Sparks
NBA legend Earvin “Magic” Johnson, together with Los Angeles Dodgers controlling owner Mark Walter, have become the new owners of women’s basketball team LA Sparks.
South Africa-based AECI Ltd acquires Clariant's water treatment unit for $36.7M
AECI Ltd, the South African explosives and chemicals manufacturer, will be buying the the African water treatment business of Clariant for a price tag of $36.7 million, Bloomberg reported.
Identity authentication firm HID Global acquires New Mexico's Lumidigm
California-based identity authentication firm HID Global acquired Albuquerque, New Mexico-based authentication solutions provider Lumidigm for an undisclosed amount to extend its product portfolio and gain new secure identity solutions.
UK-based Dentsu Aegis acquires Chinese social creative firm Verawom
Media and digital marketing firm Dentsu Aegis Network added China-based social creative firm Verawom for an undisclosed sum, in a deal that will integrate the latter into the Isobar China group.
Latest News
Massachusetts, US-based enterprise solutions software provider quadrant Software bought Chicago-based Business Computer Design (BCD) Int'l and its British Columbia, Canada-based business partner ExcelSystems Software Development Inc (ESDI) for an undisclosed sum.
Thailand-based online entertainment firm Asiasoft Corporation Public Company Ltd is buying out the entire 30% stake of Philippine-based online game publisher IP E-Game in Level-Up to gain a 70% controlling stake in the latter.
Sydney, Australia-based precious and base metals explorer Robust Resources will raise A$25.5 million via share issue to fund the acquisition of the Talas gold-copper project located in the Kyrgyz Republic.
Queensland, Australia-based mining and exploration firm Axiom Mining acquired the gold-silver and copper-gold mineralization West Guadalcanal Project located in the Solomon Islands for an undisclosed amount.
British helicopter airline Bristow Helicopters picked up a 60% stake in UK-based airline Eastern Airways International Ltd, with the two firms to continue operating as entities independent from each other, as part of the strategic investment deal.
As plans to look for a buyer for its chip manufacturing business fail, IBM is said to be looking for a joint venture partner for the operations, according to sources interviewed by Bloomberg.
KKR, a private equity company, will be purchasing optical retailer National Vision based in Lawrenceville, Georgia for an undisclosed amount, The Atlanta Journal Constitution reported.
India-based travel booking website MakeMyTrip bought Amsterdam, Netherlands-based hotel booking portal EasyToBook in a deal valued at around $5 million to increase its revenue through online hotel bookings.
India-based music streaming service Gaana.com added independent music portal Musicfellas.com for an undisclosed amount, with the latter's site to be shut down and its catalogue to be moved to Gaana.
