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Oyo, a prominent player in the hospitality industry, has taken a bold step by acquiring
Category: Acquisitions
Acquisitions refer to the process of obtaining or purchasing an asset, company, or business by another entity. In a business context, acquisitions typically involve one company buying a controlling interest in another company to expand its operations, increase market share, or gain strategic advantages. This process can involve negotiations, due diligence, and often regulatory approval, depending on the size and impact of the transaction. Acquisitions can take various forms, including mergers (where two companies combine to form a new entity) or straightforward purchases (where one company buys the assets or shares of another). The goal of an acquisition can vary, encompassing aspects such as innovation, diversification of products or services, financial gains, or entering new markets. In broader contexts, acquisitions can also refer to the act of acquiring skills, knowledge, or resources.