A consortium led by U.S. private equity firm KKR & Co (KKR.N) signed an agreement to acquire Taipei-listed LCY Chemical Corp (1704.TW) in a stock deal that values the firm at $1.56 billion, the companies said on...
UPL makes largest foreign buyout, snaps up Arysta Life Science for $4.2 bn in all-cash deal
In one of the largest overseas deals by India Inc in recent years, chemicals producer UPL (formerly United Phosphates) today teamed up with Abu Dhabi Investment Authority and TPG to snap up Florida-based Arysta Life...
UPL seeks $3 billion loan to buy Bill Ackman-backed Arysta
Indian chemical producer UPL Ltd is seeking a loan of about $3 billion to help fund its bid for a Platform Specialty Products Corp. agricultural pesticides unit backed by shareholder activist Bill Ackman, people...
ADIA to back UPL’s $4.3 billion Arysta buy with $1 billion funding
Abu Dhabi Investment Authority (ADIA), the world’s second-largest sovereign wealth fund, is set to invest $1 billion to acquire a 20% stake in UPL Corporation, the Mauritius-based arm of India-listed UPL Ltd, said...
UPL set to acquire Arysta LifeScience for over $4 billion
UPL Ltd is close to buying the farm pesticides business of investor Bill Ackman’s Platform Specialty Products Corp.—known as Arysta LifeScience—for more than $4 billion in one of the largest outbound deals by an Indian...
China’s ChemChina, Sinochem set to merge – Caixin
Chinese state-owned Sinochem and ChemChina will merge to create a new company, to be headed by Sinochem chief Ning Gaoning, financial publication Caixin reported on Saturday, confirming an earlier Reuters report...
Competition Commission of India okays Bayer-Monsanto merger but with riders
The merged Bayer-Monsanto entity in India will need to give non-exclusive licensing of its genetically modified (GM) and non-GM traits, currently commercialised in India or to be introduced in the near future on a fair...
Bayer begins process to buy up to 26% stake in Monsanto for over Rs 13 bn
German chemicals and pharma major Bayer group has launched the process for over Rs13 billion open offer to acquire up to 26 per cent additional stake in Monsanto India, following its global acquisition of the US...
Bayer to complete acquisition of Monsanto on June 7
German chemical and pharma major BayerNSE -0.43 % AG today said it will complete the multi-billion dollar acquisition of US-based biotech major MonsantoNSE -0.31 % on June 7, following all regulatory approvals. In...
Bain-Piramal fund invests Rs800 crore in Archean Chemical
India Resurgent Fund (IRF), a joint venture between Bain Capital Credit and Piramal Enterprises, has invested about Rs800 crore in Chennai-headquartered Archean Chemical Industries Ltd in a structured credit...
Bayer to raise $30 billion in share, bond sales for Monsanto
Bayer AG is planning to raise €6 billion ($7 billion) in a rights offering and €20 billion from bond sales to help fund its $66 billion purchase of Monsanto Corp., an acquisition that received the blessing of US...
Tata Chemicals exits fertiliser biz; completes sale of Haldia unit
Tata ChemicalsNSE -0.82 % today said it has completed the sale of its Haldia fertiliser unit in West Bengal and the trading business to Netherlands-based Indorama Holdings BV for Rs 872.84 crore. In a regulatory filing...
