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...
Evergrande Buys Insurer as China Developer Diversifies
Evergrande Real Estate Group Ltd., China’s third-largest developer, bought a 50 percent stake in Great Eastern Life Assurance Co.’s Chinese joint venture for 3.9 billion yuan ($610 million) to diversify into...
Berger Paints buys Sherwin Williams’ architectural paints operations
MUMBAI: Berger Paints IndiaBSE -0.56 % has acquired the architectural paints business of Sherwin Williams Paints India for an undisclosed amount. The acquisition will be carried out through the Kolkata-based...
Asian Paints Ltd to buy Ess Ess Bathroom’s front-end sales business
NEW DELHI: Asian Paints LtdBSE 0.68 % will acquire Ess Ess Bathroom Products Pvt Ltd’s entire front-end sales business for an undisclosed sum. “The company on May 14, 2014 has entered into a binding...
Safari Industries To Acquire Brands Of Genius Leathercraft
BSE listed Safari Industries, has entered into an agreement to acquire the Brands and distribution network of Genius Leathercraft, for an undisclosed amount. Indus Advisors Private Limited acted as the sole financial...
The Tenon Group Acquires Stake In Singapore Based Frontline Security
Security & Facility Management Corporation, The Tenon Group has acquired 51% stake in Singapore based Frontline Security Pte Ltd, for a consideration of about R19 Cr (GBP 1.9 Mn) in an all equity deal. Tenon...
Micromax Informatics Buys Minority Stake In Ixigo
Micromax Informatics has made a strategic investment in Ixigo, a mobile travel search firm for minority stake. The funds will be used for expanding its product & technology team and to add 25,000 small and mid...
Gomalon Acquires Online Salon And Spa Marketplace BookMySpa
Bengaluru based salon and spa booking portal, Bookmyspa has been acquired by Gomalon, a startup that lists wellness services, in an equity deal of about R12 Cr. Founded in 2013 by Sriharsha BK, BookMySpa (operated by...
Nihilent Technologies Acquires Stake In Intellect Bizware
Pune based consulting and solutions integration company Nihilent Technologies, has acquired 51% stake in Mumbai-based specialist SAP consulting and services company, Intellect Bizware, for an undisclosed amount. The...
Hindalco, Birla Carbon to raise $2.4-bn via bonds
Aditya Birla group companies Hindalco and Birla Carbon are tapping the international markets to raise around $2.43 billion by early next year, to bring down their financing costs. Hindalco is planning to raise $1.5...
M&A Leaks Fall to Lowest in Six Years in Regulatory Crackdown
The number of times investors found out about takeovers before deal announcements fell to the lowest level in six years in 2014 as stronger regulation discouraged gossip, according to a report that examines suspicious...
ABeam Consulting Acquires Stake In Optimum Solutions
okyo headquartered ABeam Consulting, has acquired about 25% stake in IT solutions and services provider, Optimum Solutions, for an undisclosed amount. With the deal, Abeam aims to strengthen its IT solutions...