acquire

Reliance well in position to acquire controlling stake in Disney’s India assets

In a significant development, Mukesh Ambani’s Reliance Industries Ltd. is on track to acquire the India operations of mass media and entertainment giant Walt Disney. According to several reports, the Indian conglomerate is on the cusp of finalizing a monumental cash and stock deal with Walt Disney Co. in a bid to secure a significant … [Read more…]

Atlassian set to acquire Loom for nearly $975Mn

Atlassian, a prominent provider of team collaboration and productivity software, has announced entering into a definitive agreement to acquire Loom, the popular video messaging platform. The deal values the over 25Mn+ users’ platform at nearly $1Bn. This strategic move by Atlassian is significant in the context of the ongoing global shift towards distributed work. With … [Read more…]