Aniruddha Jain
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
Tata Steel announced the next phase of growth for its business in India on Wednesday…. Honasa Consumer, the parent company of beauty and personal care firm Mamaearth, has entered the… Chalet Hotels announced the proposed acquisition of a company owning a resort property in Udaipur,… Tata Steel announces growth plan for India, confirms Thriveni stake buy
Honasa Consumer acquires personal care brand Reginald Men
Chalet Hotels acquires resort property in Udaipur for ₹171 crore
International News
Mexican financial authorities are close to approving an offer by billionaire Fernando Chico Pardo to… Italy’s biggest insurer Generali and French bank BPCE said on Thursday they had dropped plans… Banco BPM Chief Executive Giuseppe Castagna said on Thursday his bank had not examined any… Mexico Nears Approval of Billionaire’s Bid for Banamex Stake
Generali and France’s BPCE scrap plans to merge asset management units
Banco BPM CEO says no talks with Credit Agricole, nothing on table with MPS
Cross Border News
Toronto-based Fairfax Financial is leading the race to acquire a controlling stake in IDBI Bank… Luxury and mixed use hospitality management firm United Hospitality Management (UHM) said it has officially… Fair trade regulator CCI on Tuesday cleared Abu Dhabi-based International Holding Company’s proposal to acquire… Fairfax emerges as frontrunner to acquire government-LIC stake in IDBI Bank
United Hospitality Management expands into India with acquisition of Rosastays
Abu Dhabi’s IHC gets CCI nod to acquire stake in Sammaan Capital
