Inox Clean Energy is set to acquire Boviet Solar in a deal that could assign an enterprise value of about $750 million (around Rs 7,000 crore) to the San Jose, California-headquartered company, said people familiar with...
Quadria, PE funds eye stake in Samarth Lifesciences; deal may value firm at Rs 4,500 crore
Quadria Capital is among 4-5 private equity investors evaluating a potential acquisition of a controlling 80-85% stake in Samarth Lifesciences, said people familiar with the matter. A deal could value the manufacturer...
Jio Financial Services, Allianz Group ink 50:50 general, health insurance JV
Jio Financial Services (JFSL) and Germany’s Allianz Group have signed a binding agreement to set up a 50:50 primary insurance joint venture focused on the general and health insurance segment, tapping into a ₹3.34...
JAL Case: NCLAT reserves ruling on Vedanta plea
The National Company Law Appellate Tribunal (NCLAT) on Wednesday reserved its order on Vedanta’s two petitions challenging the selection of Adani Enterprises bid to acquire debt-ridden Jaiprakash Associates Ltd...
Unimech signs deal to acquire Hobel Bellows for Rs 450 crore
Unimech Aerospace and Manufacturing Limited has signed a definitive agreement to acquire Hobel Bellows for Rs 450 crore. Hobel Bellows is a specialised Indian manufacturer of metallic bellows and precision-engineered...
IHCL completes acquisition of 51 pc stake in Brij Hospitality for Rs 222 cr
Tata Group-backed Indian Hotels Company, along with its subsidiaries, has completed the acquisition of a 51 per cent stake in Brij Hospitality for a total investment of approximately Rs 222 crore, according to a...
NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buy
National Investment and Infrastructure Fund (NIIF) has emerged as the frontrunner to acquire Sprng Energy from Shell for nearly $1.7 billion, said people in the know, as India’s quasi-sovereign wealth fund looks to re...
Kashiv BioSciences Agrees to Be Acquired by Amneal Pharmaceuticals to Create a Fully Integrated Global Biosimilar Leader
Kashiv BioSciences, LLC (“Kashiv”), today announced that it has entered into a definitive agreement to be acquired by Amneal Pharmaceuticals, Inc. (NASDAQ: AMRX) (“Amneal”). The transaction is...
360 ONE Asset acquires 13% stake in Bengaluru office asset for ₹1,125 cr
Alternative asset manager 360 ONE Asset, through its real assets funds, has acquired a 13 per cent equity stake in Ecoworld, a Grade-A office campus owned by Brookfield India Real Estate Investment Trust (Reit), through...
TMX Group to acquire Cboe Global’s Australian and Canadian operations for $300 million
TMX Group on Wednesday reached an agreement to acquire the Australian and Canadian operations of Cboe Global Markets for $300 million. This strategic move significantly broadens the reach of the Toronto Stock Exchange...
India’s John Distilleries open to further stake sale to Sazerac, founder says
John Distilleries is open to selling more, and potentially all, of its founder’s remaining stake to U.S. spirits group Sazerac, following an earlier round valuing the Indian liquor maker at about 40 billion...
Japan halts MBK’s Makino Milling buyout bid on security concerns
The Japanese government has asked Asian private equity fund MBK Partners to halt its acquisition of machine tools maker Makino Milling Machine, citing national security concerns, in only the second such case to date...
