Alpha Wave Global, an offshoot of Tiger Global Management, has made a binding offer to buy a sliver of Haldiram Snacks Food, India’s largest snack and convenience foods company, for more than a billion dollars, said...
Board of Styrenix Performance Materials approves acquisition of INEOS Thailand
The Board of Styrenix Performance Materials at its meeting held on 09 December 2024 has approved the proposed acquisition by the Company (through a step down subsidiary) of 100% shareholding of INEOS Styrolution...
Ceat to acquire Michelin’s Camso brand for USD 225mn
Domestic tyre maker Ceat, an RPG-Harsh Goenka group company, will acquire Camso brand that has an off-highway tyre business from global major Michelin for USD 225 million, translating to about INR 1,900 crore. Under the...
Waste management firm Blue Planet acquires NZ-based Smart Environmental Group
Waste management solutions provider Blue Planet Environmental Solutions (Blue Planet) on Friday announced the acquisition of New Zealand-based Smart Environmental Group Ltd. The acquisition strengthens Blue...
Suven Pharma to acquire 56 pc stake in US-based firm for USD 64.4 mn
Suven Pharmaceuticals on Saturday said it will acquire a controlling stake in US-based NJ Bio Inc for USD 64.4 million. The company will buy a 56 per cent stake in Princeton, NJ Bio, Suven Pharmaceuticals said in a...
NTPC in talks with Maersk to sell green methanol for fuelling its ships
NTPC Green Energy Ltd, a subsidiary of India’s largest power generation utility is in talks with global shipping major A.P. Møller – Mærsk A/S to sell green methanol for its ships, said two people in the know of the...
UK’s Vodafone sells 3% Indus stake in multiple block deals for Rs 2,801.7 crore; Morgan Stanley, BoFA, Bla
UK’s Vodafone Group Plc has sold its remaining 3% stake in Indus Towers via multiple block deals to a host of marquee global investment banks, international alternative asset managers, big-ticket overseas fund houses...
Ontario Teachers’ Pension Plan likely to sell Sahyadri Hospitals
Ontario Teachers’ Pension Plan (OTPP) will likely launch a process to sell Sahyadri Hospitals early next year, less than 36 months after it announced the acquisition, which was its first control private equity...
Torrent Pharma to acquire three anti-diabetes brands from Boehringer Ingelheim
Torrent Pharmaceuticals announced that it has entered into an agreement to acquire three anti-diabetes brands from Boehringer Ingelheim International GmbH (BI). The brands include Cospiaq (empagliflozin), Cospiaq Met...
Vodafone to sell its 3% stake in Indus Towers for over $300 million
UK’s Vodafone Group Plc is selling its remaining 3% stake in Indus Towers in an over $300-million block deal and fully exiting the Indian tower company, which is now a Bharti Airtel subsidiary. The Indus stake...
GIC to acquire larger stake in Asia Healthcare Holdings from majority owner TPG
Singapore’s GIC is close to raising its stake in Asia Healthcare Holdings (AHH) ahead of a potential public listing of the healthcare platform in the next year or two, four people aware of the development said...
Carlyle Group sells 4.3% in Indegene for ₹636 cr
Global investment firm Carlyle Group through its arm divested a 4.3% stake in healthcare tech firm Indegene for ₹636 crore through an open market transaction. According to the bulk deal data available on the National...
