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Alphabet's arm Shoreline International Holdings to acquire stake in Walmart-owned Flipkart

Nov 26, 2024•about 1 year ago

Acquiring Company

Alphabet

Acquired Company

Flipkart

Mountain ViewIndiaInvestment Management

Description

Alphabet Inc.'s arm Shoreline International Holdings, a wholly-owned subsidiary, has received approval from the Competition Commission to acquire a stake in Walmart-owned Flipkart. This strategic move strengthens Alphabet's position in the e-commerce market and enhances its presence in India's thriving online retail industry.

Company Information

Company

Alphabet

Location

1600 Amphitheatre Parkway

Mountain View, California, United States

About

Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a corporate restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed