Mergers & Acquisitions

Australian service marketplace Freelancer to add American firm Warrior Forum in $3.2M cash deal

Sydney, Australia-based outsourcing and service marketplace Freelancer will add US-based internet marketing forum Warrior Forum in a deal valued at $3.2 million in cash to provide an Internet business platform for its users.


Times Media Group acquires Radio Africa Limited in a deal valued USD18.62 million

South African company Times Media Group has acquired a majority stake in Radio Africa Limited valued USD18.62 million, reported Ventures Africa.

Daiichi Sankyo says Ranbaxy-Sun Pharma merger may close by the end of 2014

Daiichi Sankyo said in a statement that the merger deal between Ranbaxy and Sun Pharma would possibly close by the end of 2014, reported ET.

South African firm Times Media picks up 49pct stake in Radio Africa in $18.6M deal

Johannesburg, South Africa-based media firm Times Media Group (TMG) picked up a 49% stake in Nairobi, Kenya-based broadcasting company Radio Africa Ltd in a deal valued at $18.62 million ZAR1.58 billion.


Latest News

Wilmington, US-based network performance management company SevOne Inc bought Minneapolis, Minnesota-based data analytics firm RapidEngines for an undisclosed amount as part of its service enhancement efforts.
London, UK-based real estate management firm Orion Capital Managers LLP, through Orion European Real Estate Fund IV, snapped up the Domus Shopping Center located near Paris for an undisclosed sum.
Gurgaon, India-based smartphone maker Micromax Informatics Ltd is eyeing the purchase of an undisclosed stake in Seoul, South Korea-based rival Pantech Co Ltd in a bid to expand internationally, according to unnamed sources.
Auburn Hills, US-based powertrain supplier BorWarner bought Esslingen, Germany-based exhaust gas and thermostat producer Gustav Wahler GmbH & Co KG for an undisclosed sum to strengthen its position in the market.
Paris, France-based native advertising company Adyoulike added Windsor, UK-based content and marketing firm Content Amp in a deal valued at $2.5 million to beef up its ad campaigns.
Seattle, US-based e-commerce giant Amazon.com acquired New York-based digital comic book distributor ComiXology for an undisclosed amount with plans to expand the newly acquired company.
California, US-based nursing rehabilitation services provider The Ensign Group Inc purchased the hospice, home health, and agency of Life's Doors in Boise, Idaho for an undisclosed sum.
Jerzy Malek, the founder of salmon processor Morpol, picked up a 12.9% stake in Alesund, Norway-based biomarine firm Hofseth Biocare in a private placement valued at NOK45 million.
BNP Paribas has acquired RCS in a deal valued USD250 million, reported Ventures Africa. BNP Paribas’ South African arm has purchased 100 percent of RCS, reported Ventures Africa.
Australian department store David Jones was acquired by South African retailer Woolworths in a deal valued USD2 billion, reported Ventures Africa.
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