Mergers & Acquisitions
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Opportunity India Desk Jan 18, 2019 - 1 min readPuma, the sportswear brand, and the international makeup brand Maybelline New York have collaborated to launch a 12-piece makeup collection. The collection features smudge-proof mascara, a metallic highlighter, matte long-lasting lipsticks, metallic and matte eye sticks, and gloss face sticks. The availability both in-store and online of the collection will vary per country. Trisha Ayyagari, Deputy ...
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Opportunity India Desk Jan 18, 2019 - 1 min readCure.fit, Mukesh Bansal and Ankit Nagori-led health and fitness startup, is planning to launch its first fitness centre in Dubai by mid-2019. The company's plan came after its business in India has crossed 100 centres across four cities. Cure.fit is also targeting to open 150 new Cult.fit centres across ten cities in India before the ...
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Opportunity India Desk Jan 18, 2019 - 1 min readScoot, the budget arm of Singapore Airlines group, has expanded its network in India by adding three cities, namely Coimbatore, Trivandrum and Visakhapatnam, to its global route map. These new routes are due to be transferred over from sister airline, SilkAir. Following this, Scoot will be the only airline operating direct non-stop flights from Trivandrum and ...
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Opportunity India Desk Jan 17, 2019 - 1 min readAs part of an aggressive international expansion plan, Bengaluru-based Byju’s has acquired US-based learning platform Osmo for $120 million. This is the fifth acquisition by the education technology firm, which was valued at $3.6 billion in its latest round of funding. Earlier, Byju’s had acquired Math Adventures, TutorVista, Edurite and student assessment platform Vidyartha. Byju’s will ...
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Opportunity India Desk Jan 17, 2019 - 1 min readBritannia Industries is looking to invest Rs 300 crore to expand in Bengal. The expansion is in line with the company's plans to rapidly scale up operations and increase volumes in key markets, including eastern India. The Bengal cabinet sub-committee on industries and infrastructure has given a nod to a proposal moved by the state industries ...
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Opportunity India Desk Jan 16, 2019 - 1 min readIndian Institute of Technology Kharagpur (IIT-KGP) and University of Alberta (UoA), one of Canada's top ranking university, have collaborated to explore opportunities for a joint doctoral degree programme. For this programme, the Memorandum of Understanding (MoU) has been signed between both the institutions. Under a joint doctoral degree programme, students will work on collaborative projects and ...
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Opportunity India Desk Jan 16, 2019 - 1 min readFortis Healthcare has completed the acquisition of RHT Health Trust (RHT) assets. In February 2018, Fortis had entered into definitive agreements with RHT to buy the entire portfolio of assets of the Singapore-listed entity for an enterprise value of Rs 4,650 crore. Fortis Healthcare Ltd said, "The company has today consummated the transaction by the ...
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Opportunity India Desk Jan 15, 2019 - 1 min readThe Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, has acquired The MBA Tour, a well-recognized brand within the graduate management education industry. GMAC will look to grow The MBA Tour’s core offering, expand into additional markets and explore ways to deepen the interaction between business schools and prospective students ...
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Opportunity India Desk Jan 15, 2019 - 1 min readMedlife, the health-tech platform, is planning to launch 750 pharmacies across India by the end of 2020, expanding its presence in the retail pharmacy segment. The company is eyeing at acquisitions to achieve the target. Tushar Kumar, Founder and CEO, Medlife, said, "We have started the omnichannel where we are now looking at active acquisitions ...
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Opportunity India Desk Jan 14, 2019 - 1 min readTAKE Solutions has agreed to buy two US-based companies operating in the life sciences space for a total consideration of $72 million. The Chennai-based company is acquiring health research firm KAI Research for $27 million and DataCeutics, clinical research and functional service provider, for $45 million, both in cash. Kai's acquisition will strengthen TAKE Solutions' ...