Homegrown Kedaara Capital and US-based TA Associates are among a clutch of private equity (PE) firms in talks to acquire a significant minority stake in US-based Sagent Pharma, owned by former Gland Pharma promoter Ravi...
Ashok Leyland denies reports of acquiring stake in SML Isuzu; says ‘factually incorrect’
Ashok Leyland Limited on Wednesday refuted recent media reports claiming that the company was in advanced negotiations to acquire the promoter’s stake in SML Isuzu from Japan’s Sumitomo Corporation. In an...
KKR may sell $300-m stake in JB Chemicals
Global private equity firm KKR plans to sell up to ₹2,576 crore ($300 million) worth of shares in JB Chemicals & Pharmaceuticals through a block deal on Thursday, showed a term sheet issued by the participating...
TVS Motor (Singapore) acquires balance 8.26% stake in The GO Corporation, Switzerland
TVS Motor (Singapore) (TVSM Singapore), the wholly owned subsidiary of TVS Motor Company, has today completed the acquisition of additional 8.26% of the share capital of The GO Corporation (GOAG), Switzerland from its...
TPG acquires Siemens Gamesa’s wind turbine businesses in India and Sri Lanka
TPG, a global alternative asset management firm, has agreed to acquire a majority stake in Siemens Gamesa Renewable Energy’s wind turbine generator businesses in India and Sri Lanka. Siemens Gamesa is a wind power...
Goldman Sachs acquires Samvardhana Motherson’s shares worth Rs 87 cr
Goldman Sachs on Tuesday bought shares of auto components major Samvardhana Motherson International for Rs 87 crore through an open market transaction. American multinational Goldman Sachs through its arm —...
Actis acquires 100% of Stride Climate Investments from Macquarie Group
Actis, a global investor in sustainable infrastructure, has acquired a 100% stake in Stride Climate Investments, a solar generation asset portfolio in India, from a fund managed by Macquarie Asset Management. The deal...
Mahindra likely in talks to buy Sumitomo’s entire stake in SML Isuzu
Mahindra & Mahindra is in talks to buy Japan’s Sumitomo Corp’s entire 44% stake in heavy vehicle-maker SML Isuzu, CNBC Awaaz reported on Monday, citing sources. Indian automaker Mahindra is considering...
Tata Autocomp to acquire International Automotive Components Group Sweden
Tata AutoComp Systems Ltd on Monday said it will acquire International Automotive Components Group Sweden AB (IAC Sweden), in a bid to strengthen its presence in Europe’s automotive sector. This proposed...
Global cos eye majority in Madison’s ad business
The India units of French advertising and communications companies Publicis Groupe and Havas Network are in separate talks with Sam Balsara-owned Madison World for acquiring a majority stake in its advertising business...
Bain Capital to buy stake worth $508 million in India’s Manappuram Finance
India’s Manappuram Finance said on Thursday Bain Capital would invest 43.85 billion rupees ($508 million) to acquire an 18% stake in the gold loan provider at a time record prices of the precious metal has made...
KDDL gains as arm acquires stakes in Silvercity Brands AG
KDDL advanced 2.44% to Rs 3,056.80 after the company announced that its wholly owned subsidiary, Mahen Distribution, had acquired 8,74,000 partly paid-up equity shares of Silvercity Brands AG, a Switzerland-based watch...
