Mukesh Ambani’s Reliance Retail has put in bids to acquire two of Henkel India’s soap brands, a sign of the big ambitions it has in the fast-moving consumer goods (FMCG) business. Any deal for the male...
Godrej sets up M&A cell, to focus on rural markets
The Godrej group has decided to set up a mergers and acquisitions (M&A) cell to explore opportunities in India and abroad. Mr Adi Godrej, Chairman, Godrej Group, said at a recent analysts meet, “We have great...
Zandu’s FMCG business to be merged into Emami
In a three-way restructuring plan, Emami Ltd and its listed subsidiary, Zandu Pharmaceutical Works, have proposed to merge Zandu’s FMCG business into Emami, demerge Zandu’s other (non-FMCG) assets and...
Future Capital equity shareholders to approve Scheme of Amalgamation & Arrangement
Future Capital Holdings Ltd has informed BSE that in terms of its dated May 08, 2009, the Hon’ble High Court of Judicature at Bombay has ordered convening a meeting of the Equity Shareholders of the Company to...
Dabur India open offer for Fem Care to start on May 7
FMCG major Dabur India today said its open offer for acquiring an additional 20 per cent stake in Fem Care will begin on May 7. Dabur India said its open offer to the shareholders of Fem...
GCPL earmarks up to $1 bn for acquisitions in emerging mkts
FMCG major Godrej Consumer Products Ltd is eyeing acquisitions worth $1 billion in emerging markets in this fiscal, a top official of the company said. "We are looking at acquisitions worth up to $1 billion. The...
‘We are looking at acquisitions as we are cash-rich’
In an upbeat mood on good results, Adi Godrej, chairman of the Godrej group, tells Sapna Agarwal he is looking forward to a good year, as the fast-moving consumer goods (FMCG) sector remains unaffected by the general...
Godrej Industries share buyback to begin on May 18
Godrej Industries today said its Rs 99 crore share buyback will begin on May 18. In a public announcements made to the shareholders of the company, Godrej Industries said it would buy back 57 lakh shares from the open...
Elder Heathcare to expand brand portfolio in 2009
In a bid to grow its outreach, Elder Healthcare, the FMCG wing of Elder Pharmaceuticals plans to expand its product portfolio in the oral care and personal care segment, with a special focus on the emerging male...
Exelon’s $6.8 Billion Takeover of Pepco Approved by D.C.
Exelon Corp.’s $6.8 billion takeover of Pepco Holdings Inc. was approved by Washington regulators on its third attempt, paving the way for the companies to form the nation’s biggest utility almost two years after...
Take Me to Church & Dwight
Merger in aisle five? Church & Dwight may be emerging as the industry’s next deal candidate. The $12 billion consumer-products company makes drug-store and supermarket staples ranging from Arm & Hammer...
FMCGs ready for buyouts with surplus cash
Consumer goods companies are expected to step up the pace of acquisitions in the coming months as organic growth in the Rs 3.2-lakh-crore domestic fast moving consumer goods (FMCG) market remains muted. While financial...
