JAPAN > India based UPL group is set to acquire Arysta LifeScience for $4.2 billion

upl logo India based UPL group is set to acquire Arysta LifeScience for $4.2 billion which will enhance UPL’s local farming solutions and synergies to benefit operations in international markets. Arysta LifeScience is the farm pesticides business of investor Bill Ackman’s Platform Specialty Products. The deal is one of the largest outbound deals by an Indian company till date. Arysta LifeScience is More …

INDIA > USA based Swych is set to acquire India based Gift Cards India

swych Founded in 2015 by Indian American Deepak Jain, Swych Inc. is a mobile gifting platform which is set to acquire India based Gift Cards India. Firoz Khan and Cory York are the founders of Gift Cards India which was founded in 2011 and has been operating successfully as a gift cards business serving millions of customers, enterprises, loyalty platforms and More …

USA > UK based WorldFirst is set to acquire USA based Wyre’s retail money transfer business.

worldfirst logo For an undisclosed sum, UK based WorldFirst is set to acquire USA based Wyre’s retail cross border payments services. Wyre is concentrating on its API business and hence decided to divest its retail cross border payment services. The transaction has already been completed. Currently the transaction is in migration phase and WorldFirst’s acquisition will be a value add for the More …

CANADA > USA based Constellation Brands Inc. parent company of Corona beer is set to invest $4 billion in Canada based pot producer Canopy Growth Corp

Constellation Brand US based Constellation Brands Inc. is set to buy 104.5 million shares worth $4 billion in Canopy Growth Corp. With the latest round of investment, Constellation Brands Inc. stake in Canopy Growth Corp. will be 38 percent. The investment is the largest in the cannabis sector by Constellation after its investment in Canopy last October. According to Linda Montag, senior More …

USA > UK based MUFG Securities EMEA plc. is set to invest $4.52 million in US based Delek US Holdings Inc.

MUFG logo Valued at approximately $4,515,000, MUFG Securities EMEA plc. is set to acquire stake in Delek US Holdings Inc. MUFG Securities EMEA is set to acquire 90,000 shares of the oil and gas company’s stock. With the most recent filing, MUFG Securities EMEA plc. owns approximately 0.11% of Delek US. About Delek US Founded in 2001, Delek US engages in the More …

PHILIPPINES > South Korea based telecom operator, KT, to sign a $47 million optical fiber network contract with Philippines based Converge ICT Solutions  

kt logo South Korea based telecom operator, KT, is set to sign a $47 million optical fiber network contract. The contract was signed with Philippines based Converge ICT Solutions which is a leading ISP. The contract is to build optical fiber neetwork along approimately 1570 km (975 miles) main road in the northern region of Luzon. Converge ICT Solution was awarded a More …

LUXEMBOURG > Switzerland based Swissquote Group is set to buy Interactive Investor’s Luxembourg operation Internaxx Bank SA for 27.7 million euros ($32 million)

Swissquote logo For focusing in the UK platform business, Interactive Investor is set to sell its Luxembourg operation to Switzerland based Swissquote Group. The transaction is subject to regulatory approval by the CSSF and the ECB in Luxembourg. According to Richard Wilson, chief executive of Interactive Investor: “This last year has been the start of an exciting journey as we continue to More …

CHINA > US based Walmart and China based JD.com are set to invest $500 million in Chinese online grocery delivery company Dada-JD Daojia

Walmart logo US based Walmart and China based JD.com are set to invest $500 million in Chinese online grocery delivery company Dada-JD Daojia, the company formed through the merger between JD Daojia and Dada Nexus. JD Daojia is JD.com’s online to offline business while Dada Nexus is a large crowd sourcing delivery platform in China which has operations in more than 400 More …