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Alibaba acquires Daraz in estimated $200 million deal
May 9, 2018 10:48 am
KARACHI: Chinese ecommerce giant Alibaba acquired Pakistan-based leading online retailer Daraz Group for an estimated $150 to $200 million a couple of months after it announced a multibillion rupees investment in acquisition of 45 percent stake in a local financial service, industry officials said on Tuesday.
Century acquires Alpine, Seti; begins joint operation
December 13, 2017 08:42 am
KATHMANDU: Century Commercial Bank Limited has started its joint operation from Monday after acquiring 'B' class Alpine Development Bank Limited and 'C' class Seti Finance Limited.
Janata Bank acquires Siddhartha Dev Bank
July 17, 2017 11:55 am
KATHMANDU, July 17: Janata Bank has completed acquisition of Siddhartha Development Bank Ltd.
Janata Bank acquires Siddhartha Dev Bank
July 17, 2017 03:30 am
KATHMANDU (REPUBLICA): Janata Bank has completed acquisition of Siddhartha Development Bank Ltd.
Century Bank acquires Sagarmatha Finance
July 16, 2017 09:17 am
KATHMANDU (REPU-BLICA): Century Commercial Bank Ltd has acquired Sagarmatha Finance. Issuing a press statement on Saturday, the bank said the integrated operation has started on Saturday.
NIBL acquires Ace Development Bank
July 13, 2017 03:00 am
KATHMANDU July 12: Nepal Investment Bank Ltd (NIBL) has completed acquisition of Ace Development Bank (Ace).
Sunrise Bank acquires NIDC Capital Markets
February 10, 2017 21:30 pm
KATHMANDU, Feb 10: Sunrise Bank Ltd has acquired NIDC Capital Markets Ltd. The joint operation of the two institutions, following acquisition by the commercial bank, started on Friday.
Laxmi Bank acquires Professional Diyalo
January 15, 2017 21:35 pm
KATHMANDU, Jan 16: Laxmi Bank has completed acquisition of Professional Diyali Bikas Bank and commenced joint operations from Sunday.
Civil Bank acquires Hama Finance
September 4, 2016 22:11 pm
KATHMANDU, Sept 4: Civil Bank Ltd has acquired Hama Merchant and Finance Co Ltd.
Sanima Capital Ltd acquires license
September 4, 2016 22:02 pm
KATHMANDU, Sept 4: Securities Board of Nepal (Sebon) has issued a license of securities businessperson (merchant banker) to Sanima Capital Ltd (SCL).
Intel acquires artificial intelligence startup
August 11, 2016 11:49 am
Intel has staked out another part of the new computing landscape that is taking shape around artificial intelligence, following the acquisition of Nervana, an ambitious AI start-up that will extend its reach into software as well as chips.
Citizens Bank acquires Premier Finance
July 17, 2016 20:44 pm
KATHMANDU, July 17: Citizens Bank International Ltd has acquired Premier Finance Co Ltd.
Sunrise Bank acquires Narayani National Finance
July 15, 2016 20:20 pm
KATHMANDU, July 15: Sunrise Bank Ltd has started integrated operation following acquisition of Narayani National Finance Ltd.
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