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Bank Of India Acquires 51% In Bharti AXA

Bank Of India Acquires 51% In Bharti AXA

Bank of India is acquiring 51% in Bharti AXA Investment Managers, part of AXA Group. According to the deal structure, BOI will acquire 51% of the equity and the balance will be with AXA Group. Post regulatory approval, the bank will acquire 25% stake from Bharti Enterprises and 26% from the Axa ...

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Tech Mahindra To Acquire Lightbridge Communications Corporation

Tech Mahindra To Acquire Lightbridge Communications Corporation

Tech Mahindra is acquiring US based network engineering service provider, Lightbridge Communications Corporation for an EV of $240 Mn. The deal, expected to be closed by Q4 of FY15, is subject to regulatory approvals.

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