WHAT CONVINCED TATA MOTORS TO TAKE OVER THE JLR Tata might have acquired the JLR in 2008 but the plan for acquisition and internal due diligence started when the first real contact between Tata and Ford took place in...
GE to Sell Commercial Lending and Leasing Business in Japan
Sumitomo Mitsui Finance & Leasing Co. agreed to buy General Electric Co.’s Japanese leasing business for about $4.8 billion, rounding off the country’s biggest year for acquisitions since 2012. The unit of...
Mahindra to buy Italian car designer Pininfarina
Mahindra & Mahindra and Tech Mahindra agreed to buy Italian car designer Pininfarina SpA in a deal worth about euro 168 million ($185 million), underscoring the Indian vehicle maker’s international ambitions...
JP Morgan AMC sells Amtek Auto debentures
JP Morgan Asset Management Company (AMC) has managed to sell the debt papers of Amtek Auto to a private equity firm at a 15 per cent loss, according to sources. Following the move, JPMorgan allowed investors to make...
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...
GOOGLE’s ALPHA Structure
In a move to become conglomerate with holding company having stakes in different businesses, the tech giant ‘GOOGLE’ announced that it would rebrand itself as Alphabet – the holding company and push all its operating...
Amalgamation Of CIE & M&M Group
CIE Automotive S.A. is a very large automotive conglomerate having its registered office in Spain and listed on Bilbao and Madrid stock exchange. Its group company Participaciones Internacionales Autometal Tres. S.L...
Amtek Acquires Germany’s Kuepper Group
In a bid to increase its global footprints abroad, automotive component supplier Amtek Auto Ltd, backed by investors like Warburg Pincus and Chrys Capital, had signed an agreement to acquire substantial...
CIE Automotive And Mahindra Group Tie Up
Mahindra Group has entered into a global alliance with Spain’s CIE Automotive S.A. The agreement will come under Systech Sector, which happens to be the Mahindra group automotive component, and CIE Automotive (also...
IS VALUATION ONLY ABOUT NUMBERS?
INTRODUCTION Yes, we are all aware of the famous phrase “valuation is an art and not science” but how sincerely do we follow it. When it comes to valuation the entire focus immediately shifts to our most loveable friend...