Tag: cross-border acquisition
MANUFACTURING Solar Industries To Buy South Africa’s Omnia For $1.355 Bn For Expansion

Solar SA Investments Proprietary Ltd, a wholly owned step-down subsidiary of Nagpur-based Solar Industries India Ltd, and Omnia Holdings Ltd have signed definitive agreements for the acquisition of Omnia’s outstanding shares in an all-cash transaction valued at approximately $1.355 billion (₹12,951 crore). Solar Industries, a manufacturer of industrial explosives, said the proposed acquisition would significantly […]

CW Bureau · Sep 14, 2026
STARTUP/TECHNOLOGY Persistent To Acquire Nagarro In €81-Per-Share Deal, Create $2.9 Bn Group

Persistent Systems has signed a business combination agreement with Nagarro, a global AI transformation and engineering leader based out of Germany, marking one of the biggest cross-border acquisitions by an Indian IT services company. As part of the transaction, Persistent will launch a voluntary public takeover offer to acquire all outstanding shares of Nagarro at […]

CW Bureau · Jun 27, 2026