CG Power and Industrial Solutions on Wednesday said it has received approval from the Committee on Foreign Investment in the United States for a $36 million deal to acquire the Radio Frequency (RF) components business...
Senores Pharma up 4% as board approves acquisition of 3.73% stake in Havix
Senores Pharma shares rose 3.7 per cent on BSE, logging an intraday high at Rs 572 per share. The stock was in demand after board approved the acquisition of 8,454 shares of Havix which aggregates to 3.73 per cent...
Zydus eyes major stake in French medtech Amplitude for Rs 2,446 crore
Zydus Lifesciences has entered into exclusive negotiations to acquire a controlling shareholding stake in French medtech company Amplitude Surgical for Rs 257 million (Rs 2,446 crore). The move would mark the Ahmedabad...
Temasek acquires 10% stake in Haldiram’s snacks business for $1 billion
Singapore’s sovereign investment firm Temasek has secured a deal to acquire nearly a 10 per cent stake in the snacks division of India’s Haldiram’s for approximately $1 billion, according to a report by Reuters on...
Musk, Ambani join hands in surprise Starlink India internet deal
Mukesh Ambani’s Reliance Jio signed a deal with Elon Musk’s SpaceX to bring Starlink satellite internet services to India, a surprise move from the billionaires after being at odds for months over how the...
Syngene International shares in focus on acquiring first US biologics facility for $36.5 million
Shares of Syngene International will be in focus on Tuesday after the company announced that it acquired its first biologics facility in the United States from Emergent Manufacturing Operations Baltimore, a unit of...
Sun Pharmaceuticals to acquire Checkpoint Therapeutics for $355 mn
Sun Pharmaceuticals announced that it is set to acquire Checkpoint Therapeutics, an immunotherapy and targeted oncology company, for $355 million. The transaction is expected to be completed in the second calendar...
Brookfield to sell 1.6 GW India Renewable Assets to Gentari
Brookfield Asset Management, the New York headquartered alternative asset manager has sold its 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India, structured in two phases, according to a...
Dubai-based IHC’s arm sells stake in Adani Enterprises
Dubai-based IHC’s arm has sold 84.49 lakh shares in Adani Enterprises for around Rs 1,800 crore, according to a filing. The sale was executed through two entities — Green Vitality RSC and Green Energy Investment Holding...
ChrysCapital, Theobroma in talks again
ChrysCapital has restarted discussions to acquire pan-India bakery chain Theobroma Foods at a significantly lower price than the original valuation ask of Rs 3,000 crore ($344 million) from the founding family and other...
Garageplug Acquires Freshreview For An Undisclosed Amount
GaragePlug, a global forerunner in automotive service digitalization, today announced that it has strategically acquired Freshreview, a leading AI-based reputation and review management platform. This strategic...
Indian IT firm Coforge soars on $1.56 billion deal with Sabre
Shares of India’s Coforge jumped as much as 10% on Wednesday, a day after the IT services provider signed a 13-year partnership with U.S.-based travel bookings provider Sabre Corp. The stock was up 9.1% as of...
