Acquisitions and mergers in 2021: From Air India to Zee.

Acquisitions and mergers in 2021: From Air India to Zee.

There have been a lot of deals this year in the business world. Acquisitions of several companies from Air India to Zee Entertainment have been completed and  companies such as Zomato and Baijus have made mergers.

We are about to step into the new year in a few days. There have been a lot of mergers and acquisitions this year. Many companies, from startups to large corporations, have made mergers and acquisitions.

Let's take a look at the big deals that will take place in 2021 in various fields such as renewables, infrastructure, education, aviation and entertainment.

Looking at the education sector .. Byjus company is continuing its buying trend. The company has taken over Akash Educational Services. On April 5, Byjus parent company Think & Learn Pvt Ltd acquired Akash Educational Services Company.

Aakash Company provides US-based operations. This is the third US based startup to be taken over by Byjus after Osco, Epic. Byjus may come to IPO in the new year. Its valuation is $ 40 billion.

Indian food tech platform Zomato has taken over Fitso Company. It is a sports facilities provider, Discovery startup. The deal is worth up to Rs 100 crore. This is another key acquisition made by Zomato after the takeover of Uber Eats India.

Also Read : Zee share price rise 2% after board approval for merger with Sony

Zee merger with Sony: A deal has been struck between Sony Pictures Networks India and Zee Entertainment Enterprises. Sony Networks announced on December 22 that it was acquiring Zee Enterprises. I.e. Zee Entertainment .. will be merged into Sony. Sony now owns 52.93% of the company, which will be formed after the merger. Zee Entertainment gets 47.07%.

Tata Group Air India Deal: This is arguably the biggest deal of the year. Air India is again in the hands of the Tata Group. Tata Group acquires Air India for Rs 18,000 crore The Tata Group has a 100 per cent stake in Air India.

The Tata Group also has a 100 per cent stake in Airindia subsidiary Airindia Express. It also has a 50 per cent stake in Air India Shots.

Apart from these, more deals have taken place. These include the acquisition of Adani Green Company SB Energy and the acquisition of Wipro Capco.

Adani Ports also owns 58 per cent stake in Gangavaram Port. As well as Indigrid .. purchased the NER2 transmission. Mahindra Logistics has acquired Meru Mobility Tech.

Comments

Popular posts from this blog

Stocks in today's news: Bharti Airtel, Tech Mahindra, HDFC Bank and others

LIC IPO : Dates, Issue Price, GMP, Subscription, Share Analysis and Allotment

Stocks that moved the most on February 25 : Gainers & Losers