Fair trade regulator CCI on Tuesday said it has approved the proposed subscription to compulsory convertible debentures of Napino Auto and Electronics Ltd by International Finance Corporation. International Finance...
Board of Infosys approves acquisition of in-tech Holding GmbH
The Board of Infosys at its meeting held on 17-18 April 2024 has approved the acquisition of in-tech Holding GmbH engaged in Engineering R&D services. This strategic investment further strengthens Infosys’...
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...
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...
Great Eastern Shipping Company expands fleet with acquisition of Jag Priya
Great Eastern Shipping Company took delivery of a 2010 built Medium Range product tanker Jag Priya of about 49,999 dwt. The Company had contracted to buy the vessel in Q4 FY24. Including this vessel, the Company’s...
Edelweiss Alt completes acquisition of L&T Infra Development Projs for Rs 6,000 cr
Edelweiss Alternatives on Thursday announced that it has completed the Rs 6,000 crore deal to acquire L&T Infrastructure Development Projects (LTIDPL), which owns various road assets and power transmission lines...
Rentokil PCI to Set New Standards in the Pest Control Industry with the Acquisition of HiCare
Rentokil PCI, India’s leading pest control service provider acclaimed for its expertise in pest control, has acquired HiCare Services Pvt. Ltd., a hygiene and pest management company via a share purchase deal...
Clariant completes $810 mln acquisition of Lucas Meyer Cosmetics
Clariant completed the $810 million acquisition of Canada’s ingredients and cosmetics maker Lucas Meyer Cosmetics from International Flavors & Fragrances, the Swiss specialty chemicals firm said on Wednesday.
CCI clears Axis Bank’s proposed acquisition of stake in Max Life Insurance
Fair trade regulator Competition Commission of India (CCI) on Tuesday said it has approved Axis Bank’s proposed acquisition of a stake in Max Life Insurance Company Ltd. Last year in August, the company announced...
Sobha announces acquisition of BNB Builders
Through its wholly-owned subsidiary – Sobha Developers (Pune) Sobha Developers (Pune), a wholly owned subsidiary of Sobha has entered into a Share Purchase Agreement (SPA) today on 02 April 2024, with BNB Builders...
Board of Aeroflex Industries approves acquisition of Hyd-Air Engineering
At meeting held on 02 April 2024 The Board of Directors of Aeroflex Industries at its meeting held today i.e. 02 April 2024 has approved to acquire 100% of the issued and paid-up share capital of Hyd-Air Engineering...
Al Gore firm, CapitaLand eye Radiance acquisition
Former US vice-president Al Gore-headed Generation Investment Management’s Just Climate LLP, and Singapore’s CapitaLand Investment Ltd are among entities exploring an acquisition of Radiance Renewables Pvt. Ltd, two...