Merger & Acquisition
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Franchise India Bureau Mar 06 2018 - 1 min readThe Blume Ventures-backed after sales car service firm Pitstop has acquired MotorWhiz in part cash-part stock deal. The financials of the deal were kept confidential by the company. Mihir Mohan, founder of Pitstop said, “The team of MotorWhiz, which offers mobile solutions for car services and repair jobs will join Pitstop ...
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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 - 2 min readOn-demand beauty, wellness and fitness app Zapluk has announced its merger with Chennai-based salon service Pamperazi. Operated by Hyderabad-based Zapforce Technologies, Zapluk allows customers to order beauty services at home, based on their individual requirements and customer satisfaction ratings of each beautician.Brainchild of Manan Maheshwari, Lavanya Hariharan and Mahesh Gogineni, the startup bagged an undisclosed ...
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Franchise India Bureau Sep 29 2017 - 1 min readStrides Shasun, a drug firm has signed a pact with Sweden's Moberg Pharma to acquire PediaCare brand for over USD 5 million.Strides Shahun said in a statement that the company's wholly-owned subsidiary Strides Arcolab International Ltd, UK has entered into an agreement with Moberg Pharma to acquire the PediaCare brand for a total consideration of ...
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WI Bureau Sep 29 2017 - 2 min readSun Pharma announced the $4 billion deal to buy Ranbaxy in April 2014. One year down the line, the High Courts of Punjab and Haryana has orally approved the merger of the pharma majors. Approving the Scheme of Arrangement involving merger of Ranbaxy Laboratories with Sun Pharmaceutical Industries, the High Court of Punjab and ...