Indo Count, a global bed linen manufacturer and exporter, announced its strategic acquisition of the international home fashion brand Wamsutta from Beyond, Inc. Beyond, Bed Bath & Beyond, Baby & Beyond, Welcome...
Jet Airways’ lenders move SC against NCLAT decision to uphold resolution plan
The lenders of Jet Airways, led by State Bank of India, have challenged a National Company Law Appellate Tribunal’s (NCLAT) decision that upheld the resolution plan proposed by the Jalan-Kalrock consortium for the...
Tata Group in talks with Fabindia promoters for stake acquisition, says report
Tata Group is in talks with promoters and shareholders of Fabindia for a potential stake acquisition or outright purchase of the ethnic apparel business, the Hindu BusinessLine reported citing sources. The ongoing talks...
Stellantis to acquire stake in Argentina solar power firm in green energy push
Automaker Stellantis said on Wednesday it will pay $100 million to acquire 49.5% of 360 Energy Solar, one of Argentina’s leading solar power producers, in a push towards making its plants more energy self...
Advent International to combine its listed & private entity business
Recently, Advent International announced the merger of its privately held pharma company into recently acquired listed pharma company. Advent being one of the largest private equity entities, is the merger move looking...
Adani group increase its stake in Ambuja Cements to 70.3% by converting warrants
The Adani Group has increased its stake in Ambuja Cements by 3.6%, bringing it to 70.3%, through the conversion of warrants into equity. The company announced on Wednesday that the Adani family, promoters, has fully...
Stellantis to acquire stake in Argentina solar power firm in green energy push
Automaker Stellantis said on Wednesday it will pay $100 million to acquire 49.5% of 360 Energy Solar, one of Argentina’s leading solar power producers, in a push towards making its plants more energy self...
Vuenow Merges All Entities – Will It Create Value?
Recently, Vuenow Infratech Limited, a BSE listed company, announced the merger of two private companies itself. Though the company is small (rather miniscule), recent past events & some of the facts related to...
Adani’s Ambuja Cements to buy My Home Group’s grinding unit in TN for Rs 413.75 crore
Ambuja Cements on Monday said it will acquire My Home Group’s cement grinding unit at Tuticorin in Tamil Nadu for a total value of Rs 413.75 crore. The company — a part of the Adani Group — has signed...
Eris Lifesciences on Acquisition Spree to expand its branded formulations portfolio
Recently, Eris Lifesciences Limited announced the acquisition of the ‘branded Formulation Business’ of Biocon Biologics Limited pertaining to the Indian territory through slump sale. In addition, ELL also announced a...
NCLAT upholds insolvency proceedings against Tulip Hotels over default of guarantees
The National Company Law Appellate Tribunal (NCLAT) has upheld the insolvency proceedings against Tulip Hotels, which had defaulted on Rs 450 crore corporate guarantees given for Cox & Kings and EzeeGo One Travel...
Dixon to buy majority stake in Transsion manufacturing unit
India’s leading contract maker Dixon Technologies has said it plans to buy a majority stake in Ismartu India, a manufacturing unit of Chinese phone maker Transsion Holdings, to expand its business. Dixon will initially...