TECHNIP a Euronext-listed entity, through its wholly owned subsidiary, Coflexip Stena (Mauritius) Offshore Limited, had entered into a binding agreement for the divestment of a majority stake of at least 51% and up to...
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...
DLF Back To Core
In order to hive off some non core business and pare debt, DLF concluded the sale of luxury hospitality chain Aman Resorts for an enterprise value of $358 million (approx Rs 2,230 crore). The country’s...
Torrent‐Elder Pharmaceuticals Acquisition For Mutual Benefit
Torrent Pharmaceuticals had acquired the branded domestic formulations business of Elder Pharmaceutical in India and Nepal for Rs 2,004 crore. The deal helped the Ahmedabad‐based company to widen its market...
Creating Value For Shareholder
Recently, the Board Of Directors of Pfizer Ltd. (“Pfizer India”) and Wyeth Ltd. (“Wyeth India”) had approved the long-awaited merger of Wyeth India into Pfizer India, which will create a single Pfizer brand in India. In...
Two Airlines Driven By One Pilot: TATA
Ratan TATA‘s long-standing but unrealized dreams may finally be getting wings. Nearly six decades after the Indian government divested the TATA’s of their majority holding in Air India by nationalizing the airline, TATA...
The BlackBerry’s Story
RESEARCH IN MOTION LIMITED (RIM): The company was incorporated under the Business Corporations Act on March 1984, head-quarter at Canada. A global leader in wireless innovation revolutionized the mobile industry with...
Shriram Group Is The First Choice For Investors
Shri Ram Group Company has made investments in Manufacturing, Value Added Services, Project Development, Engineering Services, Pharmaceuticals, Machined & Auto Components, Press Dies & Sheet Metal Stamping...
SPLIT & LIST: THE WAY AHEAD FOR CONGLOMERATES?
In last September’s edition we covered a topic “Conglomerates – Corporate Dinosaur: On their Way to Extinction?” where we discussed various reasons for decreasing number of conglomerates, one of them being increasing...
Diversification: When & How far should one go..!
Introduction Diversification today most executives and boards realize how difficult it is to add value to businesses that aren’t connected to each other in some way. Yet too many executives still believe that...
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...
Antitrust laws- A Study
Antitrust laws play an important role in ensuring that corporate transactions such as Mergers & Acquisitions have the benefit of competitive prices and quality of goods and services. The antitrust laws accomplish...