ArdorComm Media Group

Adani Group

Despite Increased Transactions, M&A Activity Sees Sharp Decline in April

According to a report by a consultancy firm, the overall merger and acquisition (M&A) activity by value witnessed a significant decline of 60% in April, totaling $5.192 billion compared to March’s $12.934 billion. Surprisingly, there was a 24% increase in the number of deals, totaling 176 transactions during the month. The decline in value was …

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Adani Group set to buy 49% stake in Quintillion Business Media

According to a regulatory statement to the exchanges, Adani Group’s unit AMG Media Networks will acquire a 49 percent stake in Raghav Bahl’s digital business news platform Quintillion Business Media for an undisclosed amount. Earlier this year, the Adani Group bought a minority stake in Quintillion Business Media for an undisclosed sum. In accordance with …

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