Bankruptcy tribunal NCLT has raised doubts over “confidentiality” of the liquidation valuation of the assets of Videocon Industries and its 12 group companies during the insolvency process. The tribunal has...
EssilorLuxottica gains EU okay for $8.5 billion Dutch buy
Ray-Ban maker EssilorLuxottica secured EU antitrust approval on Tuesday for its 7.2 billion euro ($8.5 billion) acquisition of GrandVision after pledging to sell more than 300 stores in three countries to address...
Shiseido in talks to sell lower-priced brands, deal reported at over $1.45 billion
Japanese cosmetics firm Shiseido Co Ltd said on Friday it was in talks to sell its lower-priced skincare and shampoo lines to private equity firm CVC Capital Partners in a deal reported to be valued at over $1.45...
P&G, Billie terminate planned merger after U.S. FTC challenge
Procter & Gamble Co and Billie Inc, which sells women’s razors and other body care products, have decided to terminate their planned merger agreement, the two companies said on Tuesday. The U.S. Federal Trade...
France’s L’Oreal to buy Japanese skincare company Takami
French cosmetics maker L’Oreal has signed an agreement to buy Japanese skincare company Takami, it said on Wednesday. A L’Oreal statement said the acquisition should be completed in the next few weeks. The Takami brand...
Italian confectionery major Ferrero to acquire Eat Natural
Italy-based global confectionery major Ferrero Group has announced that it will acquire Eat Natural, the maker of high-quality cereal bars, toasted muesli and granola. The value of the deal has not been disclosed. Eat...
TTK Prestige’s UK subsidiary to exit joint venture Horwood Life
Kitchen appliances firm TTK Prestige on Tuesday said its UK subsidiary will sell 51 per cent stake in Horwood Life Ltd and exit the joint venture. Horwood Homewares Ltd, UK (HHL) has entered into firm agreements to end...
Spectrum Brands partners with CVC in bid for Conair – sources
Consumer products company Spectrum Brands Holdings Inc has partnered with private equity firm CVC Capital Partners Ltd in a bid to buy Conair Corporation in a deal which could value the hair-care appliance maker around...
Tata Consumer Products set to sell MAP Coffee Business to Buccheri Group in Rs 6 crore deal
Tata Consumer Products Ltd (TCPL) on Saturday said its Australia based step-down subsidiary is selling MAP Coffee Business to Buccheri Group for 1.25 million Australian dollar (Rs 6.74 crore). According to TCPL’s...
Italy’s De’ Longhi to buy U.S. blender maker Capital Brands
Italian home appliance maker De’ Longhi said on Monday it had agreed to buy U.S. home appliances maker Capital Brands Holdings Inc from private equity firm Center Lane Partners for around $420 million. De’ Longhi said...
PE firms Advent International, Temasek sell 8.77% in CG Consumer for ₹1,631 cr
PE firms Advent International Corp’s Amalfiaco and Temasek’s MacRitchie Investments Pte Ltd sold 8.77% in CG Consumer for ₹1631 crore in an open market transaction on Tuesday. According to bulk deal data on NSE...
Nielsen to sell consumer goods data arm to Advent for $2.7 billion
Nielsen Holdings Plc said on Sunday it will sell its consumer goods data unit for $2.7 billion to private equity firm Advent International, as the market research firm narrows its focus to its media arm. Advent will buy...
