After CCI, NCLT gives green light to Viacom 18-Star India INR 70,000 Cr Merger
The merger between Viacom-18 of Reliance and Star India of Walt Disney has been approved by NCLT. The resultant entity is expected to be the biggest media house of the country. Both parties are keen on sorting out the deal by this October.
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Nazara Technologies Acquires SoapCentral.com, Stock Price Soars 19% in Just Two Days
Absolute Sports, which is a subsidiary of Nazara Technologies, has acquired a US entertainment site SoapCentral.com for USD 1.4 million. With this move, Absolute Sports entered into entertainment publishing, complementing its sports media operations. Following this announcement, Nazara Tech's stock surged by 19%
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Bain Capital and Blackstone, AID, GIC planning to buy Controlling Stake in the Haldiram’s
The country’s one of the most popular FMCG brands, Haldiram’s, was started by Mr. Ganga Bishan Agarwal (Haldiram Ji) nearly 8 decades ago in Bikaner.
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PharmEasy Secures USD 216 Million Funding Led by MEMG Amid Valuation Drop
The board of API Holdings i.e. PharmEasy, passed a special resolution to allot 18,63,74,897 cumulative convertible preference shares (CCPS) at an issue price of INR 96.8 each to raise INR 1,804 Cr, according to regulatory filing
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Tata Sons Bolsters Stake in Tata Play, Eyeing Strategic Shift
With Temasek's exit, Tata Play now becomes a 70:30 joint venture between Tata Sons and Walt Disney. Disney's interest in the existing Tata Play stems from it being considered a non-core business for the American entertainment giant
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Blackstone Snags Hipgnosis in USD 1.57 Billion Music Rights Deal
Following the news of the acquisition interest, the share price of Hipgnosis soared 2.7%, reaching an all-time high of GBP 1.06 in early trading. Hipgnosis Chairman Robert Naylor expressed satisfaction at the increased premium offered by Blackstone.
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Prosus-backed PayU Invests USD 5 Million in BRISKPE Seed Round
BRISKPE is a cross-border payments platform based in Mumbai. Founded in 2023, the company is primarily focused on providing solutions to Micro, Small and Medium Enterprises (MSME)
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