M&A
Tata Motors signs MoU to acquire Ford India’s Sanand plant
31 May 2022
“This potential transaction will support expansion of capacity, thus securing future growth and opportunity to further strengthen Tata Motor’s position in the passenger and electric vehicles space”
Broadcom to acquire VMware in $61bn cash-and-stock deal
27 May 2022
Following the closing of the transaction, the Broadcom Software Group will rebrand and operate as VMware, incorporating Broadcom's existing infrastructure and security software solutions as part of an expanded VMware portfolio
Adani seals $10.5 bn deal for Holcim’s cements business in India
16 May 2022
Adani Group acquired 63.19 per cent of Holcim’s two cement units in India Ambuja Cements Ltd and its subsidiary ACC in fierce bidding with local rivals
L&T Infotech, Mindtree merge to form a $17.7 bn tech company
09 May 2022
Larsen & Toubro Limited will hold 68.73 per cent of the merged LTI, even as the companies will continue to function independently for now
Holcim weighs sale of cement business in India: report
15 Apr 2022
Holcim Group, which has recently been selling off its non-core assets, in order to reduce debt and diversify through acquisitions, sold off its Brazilian unit for $1 billion in September last year, and is reported to be in talks to divest its business in Zimbabwe
Elon Musk makes $43 billion hostile bid for Twitter
14 Apr 2022
Musk, Twitter's biggest shareholder, said that Twitter has the potential to be the platform for free speech around the globe, which is a societal imperative for a functioning democracy, adding that it “will neither thrive nor serve societal imperative in its current form - Twitter needs to be transformed as a private company”
Google to acquire cyber security leader Mandiant for $5.4 billion
09 Mar 2022
With the addition of Mandiant, a recognised leader in strategic security advisory and incident response services, Google Cloud will enhance its offerings to deliver an end-to-end security operations suite with even greater capabilities
Cisco offered to take over Splunk for over $20 billion: report
07 Mar 2022
Cisco also entered into a strategic agreement with Rakuten Symphony, a convergence solutions provider for IT and telecom networks, to accelerate open RAN and Telco cloud market
HGS to acquire Diversify Offshore, Australia
31 Jan 2022
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