AGC Networks’ arm inks merger agreement with Black Box Corporation

AGC Networks’ wholly owned Subsidiary — AGC Networks Pte in Singapore and Black Box Corporation have entered into a definitive merger agreement under which AGC Singapore would acquire all the outstanding shares of Black Box for $1.08 per share in cash. The Black Box Board of Directors unanimously approved the merger agreement following a thorough … Read more

Tech Mahindra gets nod for scheme of merger

Tech Mahindra has received an approval for Merger by Absorption of Tech Mahindra Growth Factories (hereinafter collectively referred as the Transferor Company), a wholly owned subsidiary company with itself (the Company or Transferee Company) and their respective Shareholders. The Board of Directors of the company at their meeting held on October 29-30, 2018, approved the … Read more

Radio observations confirm superfast jet of material from neutron star merger

Precise measurement using a continent-wide collection of National Science Foundation (NSF) radio telescopes has revealed that a narrow jet of particles moving at nearly the speed of light broke out into interstellar space after a pair of neutron stars merged in a galaxy 130 million light-years from Earth. The merger, which occurred in August of … Read more

Creador-backed RedCap Pharmacy forms merger with BIG Pharmacy

8/2/2018 – Creador-owned Malaysian retail pharmacy chain RedCap Pharmacy has on Tuesday announced that it is merging with local pharma retailer BIG Pharmacy. Creador’s founder and chief executive Brahmal Vasudevan confirmed the deal and noted that the PE firm has a significant minority position in the combined entity. He, however, did not disclose the financial … Read more

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