1. The New Shop Acquires 24Seven: Godfrey Phillips India (GPI) has taken a bold step by signing a term sheet with The New Shop for the sale of its retail chain, 24Seven….
Tag: Acquisition
Weekly Business News: From Ola Electric IPO to 24 Seven Acquisition
Holcim’s Exit from India: A Strategic Shift in the Cement Industry The world’s biggest cement producer, Holcim, based in Switzerland, announced in May 2022 that it would be selling its India operation…
The worst Acquisition of the decade: When Microsoft Bought Nokia Reflecting on Microsoft's $7.6 Billion Blunder with Nokia
Ten years have passed since Microsoft made a monumental misstep in the tech world by acquiring the struggling phone business of Nokia for a staggering $7.2 billion. Initially intended to propel Microsoft…
Byron Allen’s Bold Bid: Allen Media Group Proposes $30 Billion Acquisition of Paramount Global Byron Allen's $30 Billion Bid
Media mogul Byron Allen, through his Allen Media Group, has made a significant entrance into the race for Paramount Global by submitting a compelling offer valued at $30 billion. This bid aims…