After Aditya Birla Group’s UltraTech Cement, eight more bidders have joined the race to buy Reliance Infrastructure (RInfra)’s cement business. These are Carlyle, Blackstone, Baring, Cemex, JK Cement, Birla...
Eicher Polaris JV launches nano UV at Rs 2.32 lakh
The joint venture company of Eicher Polaris today launched a compact utility vehicle Multix priced at Rs 232,850 (ex-showroom, Jaipur), which makes the five-seater compete directly against the Tata Nano. Powered by a...
J. R. D. TATA
Jehangir Ratanji Dadabhoy Tata (JRD) (29 July 1904-29 November 1993) was an avid aviator and business tycoon. He was the Chairmen of Tata and Sons. Under his chairmanship, the assets of the Tata Group grew from...
Greencoat U.K. Wind Acquires Scottish Wind Farm for $128 Million
Greencoat U.K. Wind Plc, a London-based listed fund, bought the Stroupster wind farm in Scotland from BayWa r.e. Renewable Energy GmbH for 85 million pounds ($128 million). The onshore wind farm has a capacity of 30...
DieGermany based Man sel Acquires MaxWatt Turbines
MAN Diesel & Turbo SE, a wholly-owned subsidiary of MAN SE (part of Volkswagen AG) has acquired 100% stake in Bengaluru-based MaxWatt Turbines for an undisclosed amount. With the deal, MaxWatt will integrate turbo...
Delta Air Lines, trust offer to raise Aeromexico stake to up to 49 pct
Delta Air Lines Inc said Wednesday it intends to buy up to an additional 32 percent of Grupo Aeromexico SAB de CV, in what could be a nearly $600 million cash deal that strengthens its grip on a fast-growing market. The...
Amtek Auto may sell Tekfor for Rs 6,000 crore
Debt-ridden Amtek Auto might end up selling Tekfor, the German forging company it acquired in 2013, for Rs 6,000 crore. The Delhi-based automobile component maker is looking to receive bids from about a dozen bidders...
Prabhat Dairy IPO – On a Firm Footing
Initial Public Offer (IPO) is a landmark activity for any company, as it can pave the way for tremendous success in the future. It requires extensive planning like structuring, capital reorganisation, management...
DELL – EMC M & A
In a biggest-ever technology acquisition, PC maker Dell and private-equity player Silver Lake Partners have acquired data storage provider EMC for $67 billion in a cash-and-shares deal. The $33.15 per share deal works...
JSW Energy Strengthen It’s Power Genration Business
JSW is aggressively betting on the expansion of its power generation business. Power Generation business has a huge gestation gap in terms of time from setting up the business to make it profitable. Therefore to make...
SEBI NOTIFIES NEW LISTING REGULATIONS
On 2nd September 2015, Security Exchange Board of India (SEBI) has notified SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations). A time period of ninety days has been given for...
M&A Happenings: September 2015
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals September 2015 August 2015 Agriculture – 1 Financial Services 2 1 Investments – 2 Information Technology 1 4 Infrastructure...