Ahmedabad-based Torrent Pharmaceuticals has sought fair trade regulator CCI’s clearance to acquire a majority stake in in J B Chemicals and Pharmaceuticals in a Rs 19,500-crore deal. After the completion of the...
Somany Ceramics Acquires Majority Stake in Durabuild, Enters High-Growth Construction Chemicals Segment
Somany Ceramics Ltd., one of India’s most respected names in building materials, has acquired a majority stake in Durabuild, a Delhi-based manufacturer of construction chemicals, marking its strategic entry into...
Avance Technologies Limited Signs Non-Binding Term Sheet to Acquire a B2B Inventory Liquidation Marketplace www.Excess2Sell.com
Avance Technologies Limited, a BSE-listed technology solutions provider, is pleased to announce that it has signed a nonbinding term sheet to acquire India’s premier tech-enabled B2B overstock inventory...
Reliance Retail Acquires Home Appliances Brand Kelvinator
Reliance Retail Ltd on Friday announced the acquisition of the home appliances brand Kelvinator for India from the Swedish manufacturer Electrolux AB after holding manufacturing and distribution rights for the brand...
Union Pacific exploring deal to buy Norfolk Southern, WSJ reports
Railroad operator Union Pacific is exploring a deal to buy smaller rival Norfolk Southern, the Wall Street Journal reported, in a merger that would bolster the industry leader’s heft and likely draw intense...
Crypto firm Bitcoin Standard to go public in deal with Cantor-backed SPAC
Crypto firm Bitcoin Standard Treasury Company said on Thursday it is aiming to list on the Nasdaq, with over 30,000 bitcoin on its balance sheet, through a merger with a Cantor Fitzgerald-backed blank check vehicle. The...
Teneo acquires PwC’s Australia restructuring unit to expand financial advisory presence
Teneo said on Thursday it has acquired the Australia business restructuring services unit of auditing firm PwC, as the management consultancy seeks to expand its financial advisory presence in the region. Under the...
EU gives conditional approval for Brasserie Nationale takeover of Boissons Heintz
The European Commission has approved Luxembourg brewer Brasserie Nationale’s acquisition of drinks wholesaler Boissons Heintz subject to conditions aimed at preserving competition in the country’s...
Schneider said to be in talks to buy Temasek’s stake in Indian JV Schneider Electric
Schneider Electric SE is considering buying out the remaining stake in its India venture from minority partner Temasek Holdings Pte, according to people familiar with the matter. Schneider is in talks to buy the 35%...
Advent, TPG, Kedaara among others in race to buy into Hero Group’s Semiconductor arm Tessolve
A clutch of prominent private equity (PE) players, including Advent International, TPG Growth, Kedaara Capital, Goldman Sachs, and ChrysCapital, are in discussions to acquire a significant minority stake in Tessolve...
IHCL acquires over 3.3 lakh shares in wholly-owned arm for over Rs 165 cr
Tata Group hospitality firm Indian Hotels Company Ltd on Wednesday said it has acquired over 3.3 lakh equity shares through a rights issue in wholly-owned arm ELEL Hotel and Investment Ltd for over Rs 165 crore. ELEL...
Brilyant Acquires Sugansa India to Accelerate AI-First Strategy
Brilyant, a global IT systems integrator and enterprise solutions provider, today announced the acquisition of Sugansa’s India operations, marking a strategic move to embed Artificial Intelligence (AI) at the core...
