Aurobindo Pharma announced that its wholly owned subsidiary, Aurobindo Pharma USA, Inc., has received approval from the U.S. Federal Trade Commission (FTC) to proceed with the acquisition of Lannett Company LLC. The...
Cross Border News
Aurobindo Pharma US gets FTC nod for $250 million acquisition of Lannett Company
Aurobindo Pharma’s US subsidiary received U.S. Federal Trade Commission (FTC) approval to proceed with the acquisition of Lannett Company LLC in a deal valued at $250 million, the company announced on Monday. The...
Himadri Speciality Chemical hikes stake in International Battery Company
Himadri Speciality Chemical has further invested USD 0.66 million for acquiring further 6,00,000 Common Stock of International Battery Company, Inc. (IBC) having face value of USD 0.00001 each. The company has already...
L’Oréal buys control of Innovist as India beauty battle intensifies
L’Oréal SA is acquiring a majority stake in Indian beauty startup Innovist, deepening its bet on one of the world’s fastest-growing personal care markets as global consumer companies race to secure high-growth digital...
Emirates NBD completes acquisition of RBL Bank
Emirates NBD has successfully completed the acquisition of a majority stake in RBL Bank Limited through a primary infusion of about $2.75 billion (Rs 26,000 crore), the two entities announced on Thursday. The...
Aurobindo Pharma clears key US hurdle in Lannett acquisition, closing expected soon
Indian generic drug giant Aurobindo Pharma announced on Friday that it is on the verge of pulling off a major expansion in the United States after clearing a critical regulatory hurdle. The Hyderabad-based...
FILA Group sells 7% stake in DOMS for ₹934 cr; SBI, Axis MFs raise holdings
Italian multinational FILA Group, one of the promoters of DOMS Industries, has divested a 7 per cent stake in the company for ₹934 crore through open market transactions, according to the bulk deal data on the NSE...
Board of Samvardhana Motherson approves acquisition of majority stake in Chinese entity
The Board of Directors of Samvardhana Motherson International at its meeting held on 17 June 2026 has, inter-alia, considered and approved the acquisition by SMR Automotive (Langfang) Co., (SMR Langfang), an indirect...
Cloudnine’s 25% stake sale attracts top global PE firms
Global private equity firms TPG Capital, Advent International, CVC Capital Partners and Permira have been shortlisted for the next round of discussions to acquire a significant minority stake in Cloudnine, India’s...
Sodexo in talks to buy Shashi Catering
Sodexo is in talks to acquire Shashi Catering Services in what could become the largest acquisition in India’s contract food services and facilities management industry, people familiar with the matter, said. The...
Zydus Lifesciences completes acquisition of Assertio
Zydus Lifesciences Ltd on Tuesday said it has completed the USD 166.4 million acquisition of US-based pharma company Assertio Holdings Inc. The company has successfully completed the cash tender offer, through wholly...
Japan’s Chubu Electric set to buy $150 million stake in Continuum Green
Japan’s leading integrated power utility, Chubu Electric Power, is set to acquire a minority stake in renewable energy platform Continuum Green Energy for about $150 million (₹1,430 cr), according to sources...
