Aniruddha Jain
Haresh ShahIndia 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
The Indian Hotels Company announced on Tuesday that it has sold its entire shareholding in… Go Digit General Insurance’s board has approved a plan to merge its holding company, Go… Medi Assist Healthcare Services Ltd on Monday said its step down subsidiary Paramount Health Services… IHCL exits Taj GVK after selling 25.52% stake
Go Digit General Insurance board okays merger with holding company
Paramount TPA to merge with Medi Assist Insurance TPA
International News
Global investment firm KKR and its affiliated Korean asset manager, Kreate Asset Management, said on… Macquarie Asset Management committed to putting a further £245 million ($330 million) of equity into… Warner Bros. Discovery is likely to reject Paramount Skydance’s amended $108.4 billion hostile bid for… KKR, Kreate acquire South Korea’s Cheongna Logistics Center
Macquarie to Inject £245 Million More Into UK’s Southern Water
Warner Bros may reject Paramount’s latest hostile bid worth $108 billion despite Larry Ellison guarantee
Cross Border News
Edelweiss Financial Services Ltd has completed the divestment of a 10% stake in its asset… IndiaFirst Life Insurance has drawn interest from Samsung Life Insurance, Prudential Plc, BNP Paribas, and… Lenskart Solutions said that its wholly owned subsidiary Lenskart Solutions Pte. Ltd., Singapore, would invest… Edelweiss completes sale of 10% stake in asset management business to WestBridge
Samsung Life, BNP, Norwest, Prudential Plc eye stake in IndiaFirst Life Insurance
Lenskart’s subsidiary to acquire nearly 29% stake in Korea-based startup iiNeer
