Auto components maker Shriram Pistons and Rings (SPRL) has raised Rs 1,000 crore from a group of mutual fund investors to fund its Rs 1,670-crore acquisition of the local entities of Spanish company Groupo Antolin...
Cross Border News
Anupam Rasayan completes USD150-mln acquisition of US speciality chemical maker Jayhawk
Speciality chemicals maker Anupam Rasayan India on Friday said it has completed the acquisition of US-based Jayhawk Fine Chemicals Corporation for around USD 150 million, as it looks to expand global footprint and move...
Fidel Acquires majority stake in Japan-based IM Corporation – Strengthening its global AI and technology consulting capabilities
Fidel has acquired a majority stake in IM Corporation, a Japan-based IT consulting & software services firm with over 30 years of experience. The acquisition strengthens Fidel’s local delivery capabilities in...
Zenex Animal Health acquires majority stake in natural nutrition firm VievePharm
Animal health company Zenex Animal Health India has acquired a majority stake in Netherlands-based VievePharm, a specialist in natural animal nutrition, for an undisclosed sum, the company said on Friday. The deal gives...
Capillary Technologies to acquire Mastercard-subsidiary Session M Inc. for $20 million
Capillary Technologies India has announced the acquisition of Session M Inc., a U.S.-based loyalty and customer engagement platform, from payments giant Mastercard Inc. in an all-cash deal valued at approximately $20...
Billdesk to acquire Worldline’s India operations; deal values business at $70 million
Mumbai-headquartered digital payments processor Billdesk is set to acquire the India business of French payments giant Worldline for an estimated equity value of $70 million. In a statement, Worldline said that it would...
Capillary Technologies to acquire Mastercard’s SessionM for $20 million
Software-as-a-service (SaaS) company Capillary Technologies, which manages loyalty programmes for corporates, is acquiring US payments major Mastercard’s loyalty and rewards business SessionM for $20 million in an...
SBI in talks with Japanese lenders for M&A financing
State Bank of India (SBI) is in talks with some Japanese lenders to partner with them for merger and acquisition (M&A) financing in light of the new norms in that regard, SBI chairman CS Setty told reporters on the...
Philippines’ Aboitiz in talks for majority stake in Fourth Partner
Manila-headquartered Aboitiz Power is in talks to buy a majority stake in Hyderabad-based Fourth Partner Energy which specialises in selling power generated from green energy sources to commercial and industrial...
Novartis AG to sell entire 70.68% stake for ₹1,445.89 crore in India unit; stock jumps 18%
Novartis India share price surged 18% in intra-day trade on Friday, February 20, after promoter Novartis AG agreed to sell its entire stake in the company, triggering a mandatory open offer and a complete change in...
Warburg Pincus talks in final lap to buy Integrace Health for Rs 1,200 crore
US private equity firm Warburg Pincus is in advanced talks to acquire Mumbai-based formulations maker Integrace Health for about ₹1,200 crore, said people familiar with the matter. Integrace is currently owned by...
Macquarie, Blackstone among bidders for Welspun’s green arm
Global private equity majors and strategic infrastructure investors including Macquarie, Actis, Blackstone and Sembcorp are preparing to bid for a controlling stake in Welspun Group’s clean-energy arm, Welspun New...
