In order to consolidate its position in the growing media space, Jagran Prakashan (JPL) bought Music Broadcast (MBPL), which operates popular Radio City FM stations. Foraying into the radio business, Jagran...
INOX’s Buyout Of Satyam Cineplexes Hits Roadblock
In a bid to expand its footprint across the country, multiplex chain INOX Leisure Ltd (INOX) had proposed to acquire Satyam Cineplexes Ltd in July 2014 for Rs 182 crore. Satyam has nine multiplexes, including three in...
Essel Publishers Merge With Zee Media
Zee Media Corporation Ltd is one of the India’s foremost multi-media companies with a strong presence in the national and regional news genre. The company was incorporated as Zee Sports Limited on August 27; 1999...
Jaiprakash Associates Deleverages Balance Sheet
On March 24 2014, the Board of Directors of infrastructure conglomerate Jaiprakash Associates Limited (JAL) had approved signing of Share Purchase Agreement with Dalmia Cement (Bharat) Limited for sale of 74% stake...
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...
Merger & Acquisition – The Telecom Way
A panel of Ministers called the EGoM (Empowered Group of Ministers) approved the final draft of the much-awaited merger & acquisition (M&A) guidelines for the Telecom sector which are likely to support the...
UltraTech Acquires Gujarat Unit Of Jaypee Cement
UltraTech Cement, an Aditya Birla Group Company, has acquired the 4.8-million tonne per annum (mtpa) Gujarat unit of Jaypee Cement Corporation, for Rs 3,800 crore. As part of the deal, UltraTech will take over debt of...
Holcim Partial Exit—Innovative Structure
The cement industry is literally the building block of a nation. A country’s cement output is considered one of the primary indicators of its level of economic development. In a recent development Holcim, one of the...
Trakya Cam Acquires Stake In HNG National
Trakya Cam Sanayii A.S. which was founded by Şişecam in 1978 is the leading company of the flat glass market in Turkey and a pioneer in the region. Trakya Cam engaged in production of Architectural Glasses...
Conglomerates – Corporate Dinosaur: On their Way to Extinction?
Introduction: Reason for diversification Every company in its lifetime reaches a phase where the management is under dilemma as to whether they should go for diversification or launch new products in existing range in...
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...