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Mergers & Acquisitions | 27 July 2016
Myntra acquires Jabong for $70 million

Myntra acquires Jabong for $70 million

Myntra, part of the Flipkart Online Services Pvt Ltd, has acquired the online fashion platform Jabong from the Global Fashion Group. The $70 million deal will see the creation of one of the biggest online fashion platforms in India. The combined online retailers will have the distinction of becoming the largest e-commerce marketplace in the country.

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Mergers & Acquisitions | 27 July 2016
Verizon acquires Yahoo for $4.8 billion

Verizon acquires Yahoo for $4.8 billion

Verizon Communications Inc., a US-based telecom company, has acquired Yahoo Inc. for $4.8 billion. Verizon is one of the largest telecom companies in the U.S. and boasts revenues of about $131 billion.

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