Garware Fulflex today announced the successful completion of its acquisition of a 300,000-square-foot, fully automated medical products manufacturing facility in Jacksonville, Texas, marking a major milestone in the...
Cross Border News
GA-Renova & CCA in race to buy American oncology: Siemens Healthineers looking to exit non-core business for Rs 1,500 crore
A consortium of General Atlantic and Renova Hospitals, and Indian-American entrepreneur Raj Mantena’s Cancer Centers of America (CCA) are the top two contenders to buy American Oncology Institute (AOI) from...
India’s defence electronics maker Apollo Micro to buy 41.3% stake in Premier Explosives
India’s Apollo Micro Systems will acquire a 41.33% stake in defence equipment maker Premier Explosives for 15.5 billion rupees ($162.50 million), the companies said on Thursday. Here are the details: Per...
Marksans Pharma to acquire Germany-based ABCnow GmbH
Marksans Pharma Ltd on Wednesday said it will acquire Germany-based pharmaceutical wholesale and distributor ABCnow GmbH for euro 8,92,384 (nearly Rs 10 crore). The company has entered into a definitive agreement to...
SEPC board OKs proposal to acquire 90% stake in Avenir International
SEPC said that its board has approved the proposed acquisition of up to 90% equity stake in Avenir International Engineers and Consultants LLC, Abu Dhabi, through a share swap transaction. The acquisition will be...
Varun Beverages’ Kenya arm to acquire DFIL Kenya’s dairy, juice and packaged water business for $32 million
Varun Beverages (VBL) has announced that its subsidiary, VBL Industries (Kenya), has entered into an agreement to acquire the value-added dairy beverages, juices and packaged drinking water business of Devyani Food...
SEPC approves acquisition of up to 90% stake in Abu Dhabi-based Avenir
SEPC has announced a series of strategic proposals approved by its Board of Directors, subject to the requisite shareholders’ and regulatory approvals. The approved proposals are aimed at strengthening the...
SMARTWORKS completes acquisition of Singapore-based Workstudio Spaces
Smartworks Coworking Spaces announced the completion of its acquisition of Workstudio Spaces (Workstudio), a Singapore-based coworking and flexible workspace provider, through its wholly owned subsidiary, Smartworks...
I Squared Capital, TPG-CPPIB lead race to buy KKR-backed Re Sustainability
I Squared Capital and a consortium of TPG and Canada Pension Plan Investment Board (CPPIB) have emerged as the final contenders to acquire a controlling stake in KKR-backed Re Sustainability Ltd., according to four...
MacRitchie to sell up to $200 million stake in India’s PB Fintech, term sheet shows
MacRitchie Investments plans to sell up to $200 million worth of shares in PB Fintech, the Indian online insurance and lending marketplace that runs Policybazaar and Paisabazaar, according to a term sheet seen by...
BPCL agrees to buy Videocon Energy’s stake in BPRL Ventures JV
State-owned Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it has signed definitive agreements to acquire the entire stake held by Videocon Energy Brazil Ltd (VEBL) in IBV Brazil Petroleo Limitada. This will...
Aurobindo Pharma USA Inc. completes acquisition of Lannett
Aurobindo Pharma USA Inc. (APUSA), a wholly owned subsidiary of Aurobindo Pharma, announced the successful completion of its acquisition of Lannett Company, Inc., USA (Lannett), from Lannett Seller Holdco, Inc...
