Haresh Shah
India Glycols Limited (“Demerged Company” or “Transferee Company/IGL”) is in the business of manufacturing and marketing of Bio-based Specialities & Performance Chemicals such as Bio-Polymers, Green Solvents...
Sudarshan Chemical completes Heubach Group acquisition – Integration shall be Key
In October 2024, Pune based Sudarshan Chemical Industries Limited (“SCIL”) took a bold step by announcing the acquisition of “Global Pigment Business Operations of the Heubach Group” (“Heubach”) of Germany. To put in...
The Fine Print of QIP: Examining OneSource’s Eligibility After Scheme of Arrangement
Facts of the case The board of directors of OneSource Specialty Pharma Limited (“OneSource”) unlisted public company which was supposed to get listed pursuant to the proposed transaction, approved a scheme of...
Kitex Group Promoters decide to consolidate Childrenswear business
The Board of Directors of Kitex Garments Limited considered the Kitex Childrenswear Limited proposal and have approved a “Scheme of Arrangement between Kitex Childrenswear Limited and Kitex Garments Limited and their...
Akzo Nobel restructures India business to focus on Liquid Paints Business
In the past few months, Akzo Nobel India Limited has been in focus as its Dutch promoter is contemplating a sale of its equity shares of Akzo Nobel India Limited. Amidst these rumours, Akzo Nobel India Limited announced...
Coforge’s Inorganic Growth Strategy: Merger post-acquisition in target companies
Coforge Limited in 2024 acquired a controlling stake in Cigniti Limited to quicken its journey to become a USD 2 billion company, after acquiring the controlling stake, Coforge has now announced a merger of Cigniti...
National News
India’s oil refiners and its state-run shipping utility are committing significant equity stakes to a… LAT Aerospace, cofounded by Deepinder Goyal and former Zomato COO Surobhi Das, has acquired Gurugram-based… The government on Tuesday announced an offer for sale (OFS) to divest up to a… IOCL, BPCL, and HPCL to take 35% stake in shipping freight joint venture with SCI
Deepinder Goyal’s LAT Aerospace acquires robotics startup Sharang Shakti
Govt to divest up to 4% in IRFC via OFS at Rs 104/ Share
International News
Payment processing firm Stripe is considering an acquisition of all or parts of PayPal Holdings,… HSBC has started the sale process for its Singapore life insurance product manufacturing business with… French utility Engie will buy electricity distributor UK Power Networks for 10.5 billion pounds ($14.2… Payments processor Stripe expresses interest in PayPal
HSBC kicks off Singapore insurance business sale, eyes over $1 billion value, sources say
France’s Engie to buy UK power grid from Hong Kong conglomerate for $14 billion
Cross Border News
Mumbai-headquartered digital payments processor Billdesk is set to acquire the India business of French payments… Software-as-a-service (SaaS) company Capillary Technologies, which manages loyalty programmes for corporates, is acquiring US payments… State Bank of India (SBI) is in talks with some Japanese lenders to partner with… Billdesk to acquire Worldline’s India operations; deal values business at $70 million
Capillary Technologies to acquire Mastercard’s SessionM for $20 million
SBI in talks with Japanese lenders for M&A financing
