Current Affairs

GK MCQs Section

Topic: Acquisition

Amendments in enhance business at GIFT City

The GIFT city, Gujarat International Finance Tech City is under construction. It is the first greenfield smart city in India. Today, the city is one of the major...

February 2, 2023

Hero Cycles acquires leading UK-based Avocet Sports

World’s largest bicycle manufacturer Hero Cycles acquired majority stake in UK-based Avocet Sports for an undisclosed amount. It is the first overseas acquisition of Hero Cycle with an aim to...

August 17, 2015

Mallinckrodt Pharma acquires Therakos for USD 1.3 billion from Gores Group

Mallinckrodt, a leader in biopharmaceutical has signed an agreement to buy a leading immunotherapy company Therakos Inc, from the global investment firm, Gores Group for approximately 1.325 billion US dollars. Significance...

August 12, 2015

Russia’s Rosneft to acquire 49% stake in Essar Oil

The Russia’s state owned Oil Company Rosneft signed strategic agreement with Shashi Ruia’s Essar Oil to acquire its 49 per cent. The two companies have also agreed exploration...

August 1, 2015

IndusInd Bank acquires RBS' bullion financing business for Rs 4,100 crore

IndusInd Bank has acquired the diamond and jewellery (bullion) financing business and related deposit portfolio of Royal Bank of Scotland (RBS) for 4,100 crore rupees on 28 July 2015. Britain’s...

July 29, 2015

Hero Motocorp to buy assets of bankrupt US Company

India’s largest two-wheeler manufacturer Hero Motocorp’s wholly owned subsidiaries in U.S is to buy certain tangible and intangible assets worth of USD 2.8 million of U.S based Erik Buell...

July 29, 2015

Teva to buy Allergan generic drug business for USD 40.5 billion

Israel’s largest drug maker Teva Pharmaceutical agreed to buy generic drugs business of Allergan Plc for USD 40.5 billion. According to the agreement Teva will make cash payment of USD 33.75...

July 28, 2015

Rajesh Exports buys Valcambi for Rs. 2560 crore

On 27 July 2015, a Bengaluru based gold Jewellery manufacturing company Rajesh Exports Ltd (REL) bought the world’s largest gold refining company Valcambi from US-based mining company Newmont...

July 28, 2015

Snapdeal acquires luxury goods portal Exclusively.com

Online retailer Snapdeal.com has acquired luxury fashion portal Exclusively.com for an undisclosed amount. With this acquisition, Snapdeal is seeking to expand its presence in the high-end fashion segment...

February 19, 2015

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