Pharmaceutical major Lupin has announced the acquisition of Renascience Pharma Limited, a UK-based pharmaceutical company, through its wholly owned subsidiary, Lupin Healthcare (UK) Limited. The transaction, valued at...
BorderPlus acquires Onea Care, paving the way for Indian nurses in Germany
Workforce mobility platform BorderPlus has acquired German healthcare recruitment firm Onea Care, the Mumbai-based company said in a statement on Tuesday without disclosing the deal financials. The acquisition marks a...
Market volatility derails Novartis’ plan to sell stake in its India arm
Swiss pharma giant Novartis AG’s plans to sell a 70.68% equity stake in its listed arm Novartis India has been hobbled as wild swings of the stock market pulls down its valuation. Local drug makers as well as...
TVS Motor Company Singapore arm divests stake in Ion Mobility
TVS Motor Company on Monday said its Singapore-based arm has divested its stake in Ion Mobility while acquiring identified assets from the latter for USD 1.75 million (nearly Rs 15 crore). TVS Motor (Singapore) Pte Ltd...
Renault buys Nissan’s 51% stake in India manufacturing unit
French auto major Renault on Monday said it will buy out its Japanese partner Nissan’s stake in their Indian joint venture — Renault Nissan Automotive India Private Ltd. Renault Group would own 100 per cent...
Haldiram sells stake to IHC and Alpha Wave Global
Haldiram Snacks Food, the country’s leading snack and food brand, on Monday confirmed selling its stake to two new investors — IHC (International Holding Company) and Alpha Wave Global — according to a...
Haldiram Snacks announces Temasek as strategic investment partner
Haldiram Snacks Food on Sunday announced Singapore-headquartered global investment firm Temasek as a strategic investment partner with Temasek acquiring an equity stake in Haldirams. The announcement did not disclose...
Kedaara, TA Associates vie for minority stake in Sagent Pharma
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...
