Marwadi Chandarana Intermediaries Brokers has entered into an agreement to acquire 75 per cent stake in non-banking financial company TruCap Finance with an investment of Rs 207 crore. This investment includes a mix of...
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Motherson offers to acquire Marelli of Japan
A successful acquisition would mark a significant leap for Motherson, positioning the company among the world’s top automotive parts suppliers. (Source: LinkedIn) Indian auto parts supplier Motherson Group is set...
Bajaj Group get CCI’s nod to acquire Allianz’s 26 pc stake in insurance JVs for Rs 24,180 cr
The Competition Commission of India (CCI) on Tuesday said it has approved Bajaj Group’s plan to acquire Allianz SE’s 26% stake in its life and general insurance ventures for a total consideration of Rs...
Renault Group seeks CCI nod to buy out remaining 51% stake in Indian joint venture
French auto major Renault group has sought approval from fair trade regulator CCI to buy out its Japanese partner Nissan’s remaining 51 per cent stake in their Indian manufacturing joint venture — Renault...
CCI okays Temasek Holdings minority stake purchase in Haldiram Snacks Food
The Competition Commission of India on Tuesday approved Singapore’s Temasek Holdings proposed acquisition of a minority stake in Haldiram Snacks Food. Temasek Holdings through its arm Jongsong Investments Pte is...
Lumax Auto Technologies to acquire balance 25% stake in IAC International Automotive India
Lumax Auto Technologies has signed an agreement to acquire the remaining 25% stake in IAC International Automotive India (IAC India) from the International Automotive Components Group (IAC Group). IAC Group will...
Nazara continues acquisition spree as it buys UK-based firm for ₹247 cr
Nazara acquires UK’s Curve Games to expand global publishing and IP portfolio as part of an ongoing M&A strategy across interactive gaming and esports Digital gaming firm Nazara Technologies has acquired UK...
Serentica, BlackRock, Sembcorp lead the race to buy Statkraft India
KKR-backed Serentica Renewables, BlackRock and Sembcorp are leading the race to acquire Statkraft’s Indian arm that the Norwegian state-owned company put on the block, according to people aware of the matter. The...
Greenko founders eye fresh deal to acquire Orix’s stake despite pullout
The founders of Indian clean energy producer Greenko Energy Holdings are still working on purchasing Orix Corp.’s stake in the company, despite the Japanese financial group’s announcement cancelling the sale, said...
Himadri Chem in talks to buy 10-12% in US battery co
Kolkata-headquartered Himadri Speciality Chemical Ltd is in advanced talks to buy a 10-12% stake in International Battery Company (IBC), a US-based lithium-ion battery cell technology firm, said people familiar with the...
China’s Ant Group to sell 4% stake in Paytm for $242 million, term sheet shows
China’s Ant Group will sell a 4% stake in Indian payments firm Paytm for $242 million, a term sheet seen by Reuters on Monday showed. Ant, an affiliate of Chinese conglomerate Alibaba Group, will sell the stake at...
JBL maker Harman to sell controlling stake in India unit
Harman US, the maker of JBL, Harman Kardon and Infinity audio products, is in talks to sell a controlling stake in its Indian unit, three people aware of the matter said. The US company has approached global private...
