Manila-headquartered Aboitiz Power is in talks to buy a majority stake in Hyderabad-based Fourth Partner Energy which specialises in selling power generated from green energy sources to commercial and industrial...
Novartis AG to sell entire 70.68% stake for ₹1,445.89 crore in India unit; stock jumps 18%
Novartis India share price surged 18% in intra-day trade on Friday, February 20, after promoter Novartis AG agreed to sell its entire stake in the company, triggering a mandatory open offer and a complete change in...
Warburg Pincus talks in final lap to buy Integrace Health for Rs 1,200 crore
US private equity firm Warburg Pincus is in advanced talks to acquire Mumbai-based formulations maker Integrace Health for about ₹1,200 crore, said people familiar with the matter. Integrace is currently owned by...
Macquarie, Blackstone among bidders for Welspun’s green arm
Global private equity majors and strategic infrastructure investors including Macquarie, Actis, Blackstone and Sembcorp are preparing to bid for a controlling stake in Welspun Group’s clean-energy arm, Welspun New...
Ixigo acquires 60% stake in Spain-based train ticketing platform Trenes for Rs 125 crore
Le Travenues Technology, the parent company of online travel aggregator Ixigo, has acquired a 60% majority stake in Spain-based online train ticketing platform Trenes for €12 million (around Rs 125 crore). The...
Alkem Labs unit to buy up to 55% of Occlutech for $118 million
Alkem Laboratories’ medical devices unit will buy up to a 55% stake in Switzerland’s Occlutech Holding for 99.4 million euros ($118 million), the Indian pharma company said on Friday, marking its entry into...
Alkem Labs unit to buy up to 55% of Occlutech for $118 million
Alkem Laboratories’ medical devices unit will buy up to a 55% stake in Switzerland’s Occlutech Holding for 99.4 million euros ($118 million), the Indian pharma company said on Friday, marking its entry into...
Carlyle to acquire majority stake in Edelweiss’ Nido Home Finance
Global private equity firm Carlyle Group will acquire a strategic majority stake in its housing finance arm, Nido Home Finance, for Rs 2,100 crore, Edelweiss Financial Services Limited said on Tuesday. According to...
Warburg-Mubadala team up, emerge as frontrunner for Encube
A consortium of Warburg Pincus and Abu Dhabi sovereign wealth fund Mubadala has emerged as the frontrunner to acquire a majority stake of up to 74% in Mumbai-based Encube Ethicals, a generics and pharmaceutical contract...
Hillhouse set to buy 5% in Quest Global
Asia-focused PE firm Hillhouse Investment Management is set to acquire around 5% of Quest Global, the Carlyle Group-backed engineering services outsourcing company, at an estimated valuation of about $4.5 billion...
Marico to acquire 75% of Vietnam’s Skinetiq in Rs 261 crore deal
Consumer major Marico on Monday said it will acquire a 75% equity stake in Vietnamese direct-to-consumer (D2C) beauty and personal care company Skinetiq Joint Stock Company for an acquisition cost of Rs 261 crore...
Bertelsmann Next enters India with acquisition of Let’s Transport
Bertelsmann Next, the mid-market and acquisition investment vehicle of Germany-based media, services and education conglomerate Bertelsmann announced its entry into India with the acquisition of logistics marketplace...
