……Mastek to demerge its Insurance Business Demergers are gaining momentum in the Indian Market again. There has been a spate of demerger announcements in the past months by Indian Companies. Crompton Greaves, Polaris...
CSL Aquisition
DEAL/TRANSACTION: CSL limited had agreed to buy Novartis AG’s global influenza vaccine business for $275 million, part of the Swiss drugmaker’s drive to focus on its best assets. The business will be...
Strides-Shasun Combining to Accelerate Strategy and Growth
On 29th September 2014 Board of Directors of Strides Arcolab Limited (‘Strides’) and Shasun Pharmaceuticals Limited (‘Shasun’) announced that both companies have approved Scheme of Amalgamation between the two companies...
Cognizant’s Healthcare Acquisition
DEAL/TRANSACTION: Cognizant struck its largest deal to date, $2.7 billion in cash to buy US-based TriZetto from primarily owned by private equity group Apax. BlueCross BlueShield of Tennessee and Cambria Health...
One more Acquisition by Inox Leisure LTD
In line with its strategy to expand its footprint in India, multiplex chain INOX Leisure Ltd (INOX) has acquired Satyam Cineplexes Ltd. This is Inox’s third acquisition since 2007 when it acquired Kolkata’s Calcutta...
Adani’s Power
CURRENT TRANSACTION Adani Power Limited, a subsidiary of Adani Enterprises Ltd and a part of Adani Group, had executed a definitive agreement for the acquisition of 100% shares of the Udupi Power Corporation Limited...
M&A Happenings: January 2016
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals January 2016 December 2015 Agriculture – – Chemicals 1 2 Entertainments – 1 Electronics 1 2 Financial Services 1 3...