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...
Fairfax India to buy 10% more in Bangalore airport
Fairfax India Holdings Corporation Tuesday said it is buying an additional 10% stake in Bangalore International Airport Ltd (BIAL) for $255 million (₹2,160 crore), entrenching its foothold in one of India’s...
KKR close to buying cancer chain HCG
KKR is close to acquiring Healthcare Global Enterprises Ltd (HCG), the country’s largest speciality cancer care hospital chain, from another private equity firm CVC Capital Partners, said people aware of the matter. The...
Hinduja Tech completes acquisition of TECOSIM Group
Hinduja Tech Ltd has completed the acquisition of Germany-based engineering services provider TECOSIM Group, marking a significant milestone in its vision to be among the top 10 global mobility engineering companies...
ONGC arm acquires minority stake in ACG from Equinor
Oil & Natural Gas Corporation (ONGC) said that its wholly owned subsidiary, ONGC Videsh has acquired 0.615% stake in offshore Azeri Chirag Gunashli (ACG) field in Azerbaijan from Equinor. ACG is a super-giant...
RIL subsidiary acquires 21% stake in US-based Wavetech Helium for $12 million
Reliance Finance and Investments USA LLC, a step-down wholly owned subsidiary of Reliance Industries has acquired a 21% stake in US-based Wavetech Helium, Inc. for around $12 million (Rs 100 crore), the company said in...
ZF Group sells 4.3 pc stake in Indian subsidiary for Rs 1,022 crore
German auto component supplier ZF Group on Wednesday divested a 4.32 per cent stake in its Indian subsidiary ZF Commercial Vehicles Control System (CVCS) India for Rs 1,022 crore, according to exchange data. According...
