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
Karur Vysya Bank announced that the Reserve Bank of India (RBI) vide its letter dated… Hindustan Unilever Limited (HUL) said it will acquire the remaining 49% stake in Zywie Ventures… Playbook Partners India, a growth-stage venture capital firm founded by former Reliance Jio executive Vikas… RBI grants approval to ICICI AMC for acquisition of upto 9.95% stake in Karur Vysya Bank
HUL acquires remaining 49% stake in OZiva for Rs 824 crore
Playbook Partners buys 5% in Subway India for Rs 130 crore
International News
Private equity firm Apax Partners withdrew its offer for British automotive service provider Pinewood Technologies… ByteDance is in advanced talks to sell Shanghai Moonton Technology, the studio behind the popular… Universal Music Group secured EU antitrust approval for its acquisition of Downtown Music on Friday… Apax Partners walks away from Pinewood deal, citing tough market conditions
ByteDance in talks to sell gaming unit Moonton for more than $6 billion, sources say
Universal Music wins conditional EU nod for Downtown acquisition
Cross Border News
Alkem Laboratories’ medical devices unit will buy up to a 55% stake in Switzerland’s Occlutech… Global private equity firm Carlyle Group will acquire a strategic majority stake in its housing… A consortium of Warburg Pincus and Abu Dhabi sovereign wealth fund Mubadala has emerged as… Alkem Labs unit to buy up to 55% of Occlutech for $118 million
Carlyle to acquire majority stake in Edelweiss’ Nido Home Finance
Warburg-Mubadala team up, emerge as frontrunner for Encube
