Shriram Transport Finance ( STFC), India’s largest asset financing NBFCs and a dominant player in financing second hand trucks, has lined of slew of initiatives to build up its portfolio through inorganic route...
Titagarh Wagons sees drop in FII holdings ahead of planned merger
Titagarh Wagons has seen around 3.78 percentage points drop in FII holding in its equity in the fourth quarter to March 31 as compared to the previous quarter. However, holdings of five overseas investors — GE...
Everest Kanto completes stake acquisition in CC&L
Everest Kanto Cylinder Ltd completes acquisition of the Kolkata-based Calcutta Compressions and Liquefaction Engineering Pvt Ltd (CC&L). According to an EKC release, the company has acquired 72.65 per cent...
Canada’s Stantec agrees to buy MWH in $793 million cash deal
Canadian engineering firm Stantec Inc (STN.TO) said on Tuesday it had agreed to purchase MWH, a water resources infrastructure company based in Colorado, for $793 million in cash. Stantec said the acquisition of MWH...
EMC to merge with Williamson Magor engineering subsidiaries
The BM Khaitan-controlled Williamson Magor Group’s engineering arms and transmission tower maker EMC Ltd are being merged to create a giant engineering joint venture with a turnover of Rs 6,000-7,000 crore...
Investors pick up $350-mn stake in QuEST Global
QuEST Global, a pure-play engineering and R&D (research and development) services provider, on Thursday said leading global investors Bain Capital, GIC and Advent International had invested around $350 million...
Zoomlion confirms offer for U.S crane maker Terex
China’s Zoomlion Heavy Industry Science and Technology Co (000157.SZ) confirmed on Wednesday it had made an offer for Terex Corp (TEX.N) that values the U.S. crane maker at about $3 billion. Zoomlion is offering...
