Shapoorji Pallonji & Company (SPCPL) is considering selling its stake in Sterling and Wilson Renewable Energy (SWRE) to meet financial obligations. Plans are underway to manage debt and refinance it, while the Mistry family considers raising loans and has amassed significant debt.
Wondrlab acquires WebTalk, a Polish agency, in a cash and equity deal. WebTalk receives a stake in Wondrlab, with undisclosed financial details. The acquisition benefits WebTalk clients by providing access to Wondrlab platforms. This is Wondrlab s fifth acquisition and the largest to date. Wondrlab plans to make 26 acquisitions, having raised $7 million. The company targets a revenue of Rs 200 crore and has launched its European hub. Jarek Ziebinski is appointed Chairman of the Supervisory Board of the European Hub.
A merger deal between Japan s Sony group s Indian arm (Culver Max Entertainment) and Zee Entertainment Enterprises that will create a $10 billion media giant faces obstacles. The merger s deadline, originally set for December 21, 2023, may be delayed by several months as Zee requests Sony for an extension. The merger deal was inked on December 22, 2021.
Begbies Traynor has continued its acquisitive growth strategy with a deal for property auctioneers SDL Auctions Ltd. The deal is worth up to £3.25 million, which re
Northern Ireland-based financial planning firm Doherty Pension & Investment Consultancy has been acquired by wealth management group Mattioli Woods in a deal reportedly v