Murugappa Group promoted Coromandel International is in advanced talks to buy a controlling stake in Nagarjuna Agrichem, according to sources familiar with the deliberations. The stake in discussion could be around 49%...
NCLAT dismisses plea against resolution plan approval for Duncans Ind
Appellate tribunal NCLAT has set aside petitions against the NCLT order that approved the resolution plan for Duncans Industries. The National Company Law Appellate Tribunal (NCLAT) also clarified that while approving...
Anya Polytech and Fertilizers Ltd acquires 60 percent paid-up equity of Polyfilm Packaging Pvt Ltd
Anya Polytech & Fertilizers Ltd (NSE – ANYA), company engaged in the business of fertilizers has acquired 60% of the paid up equity share capital of Polyfilm Packaging Pvt Ltd. This strategic investment...
Agrochem company Crystal Crop buys Bayer’s herbicide input business
Agrochemical firm Crystal Crop Protection on Sunday said it has acquired the herbicide active ingredient Ethoxysulfuron from Germany’s Bayer AG for sales in select Asian markets, in a deal expected to boost its...
Murugappa to buy Germany’s Hubergroup; acquisition at an enterprise value of $310 million
Chennai-based Murugappa Group has signed a deal to acquire German specialty chemicals firm Hubergroup for an enterprise value of $310 million, a move that will help it expand in the global print and packaging sector...
Crystal Crop acquires I&B Seeds to expand vegetable, flower seed business
Agrochemical firm Crystal Crop Protection on Monday said it has acquired Bengaluru-based I&B Seeds as it seeks to strengthen its position in India’s vegetable and flower-seed segment. “The deal has been...
Thermax to acquire Buildtech Products India
Thermax on Friday said it has inked a pact to acquire critical construction chemicals maker Buildtech Products India for about Rs 72 crore. This partnership solidifies Thermax’s presence in the construction...
UPL announces acquisition of balance 20% stake in PT Excel Meg Indo
UPL announced that UPL Global (UGL), a step-down subsidiary of UPL Corporation (subsidiary of the company) has completed the acquisition of balance 20% stake in PT Excel Meg Indo, Indonesia (PT Excel). PT Excel is...
CCI approves merger of Mangalore Chemicals & Fertilisers with Paradeep Phosphates
The Competition Commission of India on Tuesday said it has approved the proposed amalgamation of Mangalore Chemicals & Fertilizers with Paradeep Phosphates Ltd. Mangalore Chemicals & Fertilizers Ltd (MCFL) is a...
Godrej Industries to acquire unit of Shree Vallabh Chemicals in Gujarat
Godrej Industries Ltd on Monday said its chemicals business unit has agreed to acquire a unit of Shree Vallabh Chemicals at Kheda in Gujarat entailing an estimated investment of Rs 45 crore. The company’s...
Acre ARC sells Nagarjuna Fertilizers and Chemicals debt to AM Green for ₹1,685 cr
Bad loan aggregator Acre ARC has completed the sale of ₹3,857 crore debt of Nagarjuna Fertilizers and Chemicals to AM Green Ammonia for a cash consideration of ₹1,685 crore, making an absolute return of more more than...
IFFCO withdraws plea from NCLT in Triumph Offshore case
Fertiliser cooperative IFFCO has withdrawn its plea filed in NCLT that restrained Triumph Offshore from issuing any share or securities to lenders for paying loans. The move came after IFFCO (Indian Farmer Fertiliser...
