Honeywell will sell its personal protective equipment business to Protective Industrial Products for about $1.33 billion in cash, it said on Friday, further streamlining its business. A potential sale of the PPE...
PAG to acquire Advent-owned Manjushree Technopack
Asia-focused private equity fund PAG will acquire Manjushree Technopack Ltd. India’s largest rigid plastic packaging solution provider. US fund Advent International will sell its stake at a valuation of $1 billion, said...
Moglix acquires Khatema Fibres for Rs 80 crore
B2B ecommerce platform Moglix on Thursday announced the acquisition of paper manufacturing firm Khatema Fibres for Rs 80 crore and said it would help the platform expand its product portfolio and accelerate growth. The...
SOLIZE Corporation Expands Global Footprint with Acquisition of SiM24
SOLIZE Corporation, a global leader in Transformative solutions for Digital Engineering and Manufacturing, today announced the strategic acquisition of SiM24, a renowned Japanese company specializing in advanced...
ICICI Prudential Life Insurance Company plans to acquire minor stake in Bima Sugam India Federation
ICICI Prudential Life Insurance Company has approved the investment not exceeding 10% of the issued and subscribed share capital in the subsequent tranches, subject to commensurate increase in authorised capital of Bima...
Kilburn Eng to acquire Monga Strayfield for Rs 123 cr
Kilburn Engineering informed that it has entered into a share purchase agreement with Monga Strayfield for the proposed acquisition of 100% of the company’s paid-up capital. Monga Strayfield is an engineering...
Adani to buy PSP projects stake to boost construction arm
Billionaire Gautam Adani agreed to buy a stake in PSP Projects Ltd. as his ports-to-power conglomerate seeks to reinforce engineering and construction capabilities for infrastructure projects. Adani Infra (India) Ltd...
VIP Industries revives sale talks
Global private equity firm Advent International is eyeing a controlling stake in listed luggage and travel accessories maker VIP Industries, three people with knowledge of the development said. This marks a revival of...
State-run EESL plans to sell its 49% stake in IntelliSmart
State-run Energy Efficiency Services Ltd (EESL) plans to sell its 49% stake in IntelliSmart Infrastructure Pvt. Ltd, its joint venture with National Investment and Infrastructure Fund Ltd (NIIF) for smart metering and...
South Africa’s Tiger Brands to sell Baby Wellbeing business, excluding Purity
South Africa’s biggest food producer Tiger Brands said on Wednesday it will sell its Baby Wellbeing business for 605 million rand ($33.4 million), but will exclude its Purity brand, which it described as a core...
DT Midstream to buy three natgas pipelines from ONEOK for $1.2 bln
Pipeline operator DT Midstream said on Tuesday it would acquire three natural gas transmission pipelines from ONEOK for $1.2 billion in cash, boosting its presence in the Midwest market amid rapid consolidation in the U...
Board approved merger of Gujarat Themis Biosyn with Themis Medicare
The Board of Directors of Gujarat Themis Biosyn (GTBL) and Themis Medicare (TML) have approved a Scheme of Amalgamation of Gujarat Themis Biosyn with Themis Medicare. The Scheme is subject to approval of the secured...
