Auto cos, ICICI Venture eye Italy’s Lombardini This is tipped to be the biggest ever overseas buyout in the Indian auto component industry. Two Indian companies and one private equity firm are making a bid to...
M&M buys 68% in Germany`s Jeco
M&M buys 68% in Germany`s Jeco Automobile major Mahindra & Mahindra (M&M) will acquire a 67.9 per cent stake in Jeco Holding AG, one of the top five forgings companies in Germany. M&M executives did not...
M&M to acquire 67.9% stake in German co Jeco Holding
M&M to acquire 67.9% stake in German co Jeco Holding Mahindra & Mahindra Ltd (M&M) is acquiring a 67.9 per cent stake in Jeco Holding AG, a German forging company, at an enterprise value (total value of the...
Bharati Shipyard – Updates on Open Offer to the shareholders of Great Offshore
SBI Capital Markets Ltd ("Manager to the Offer") on behalf of Natural Power Ventures Pvt Ltd ("NPVPL"/"Acquirer") along with Bharati Shipyard Ltd ("BSL") & Dhanshree...
Tech M now has 42% stake in Satyam
Open offer gets poor response, preferential allotment to follow On the conclusion of the mandatory open offer to shareholders of Satyam Computers, the new owner, Tech Mahindra, has a little over 42 per cent stake in the...
TVS exits from joint ventures with Wabco
The TVS group has exited from the four decades old air brakes business in favour of its US partner, Wabco. This follows TVS and Wabco smoothly exiting from their two joint ventures, Sundaram Clayton ( SCL) and Wabco...
M&M, Caterpillar in engine JV talks
Automobile and farm equipment major Mahindra & Mahindra (M&M) is in advanced stages of talks with US-based construction equipment maker Caterpillar for a 51:49 joint venture, which will make engines for the US...
Seamless merger versus takeover
Seamless merger versus takeover A seamless merger ensures that both the employees and shareholders of the amalgamating company continue to partake in the business as if nothing has happened. S. Murlidharan...
Takeaways from the Satyam saga
The Satyam scam saga may be, but the Hyderabad IT firm’s woes are not. There is still a lot of uncertainty around the restatement of accounts, legal liabilities, transition plans and surplus employees. The sale to...
Taneja Aerospace to float JV with Tidco
Bangalore-based Taneja Aerospace is to float a joint venture with the state-owned TIDCO to create a new facility at Hosur as part of expanding its interest in aerospace there. The TN agency is set to pick up a small...
Not just L&T, TechM too acquired Satyam stocks, but sold at Rs 7-cr loss
Tech Mahindra, the new owner of the Satyam Computer Services, bought shares of the Hyderabad-based software exporter within days of its disgraced chairman Ramalinga Raju admitting to perpetuating an accounting fraud...
Tech M’s open offer for Satyam from Jun 12
Tech Mahindra, the information technology services subsidiary of Mahindra & Mahindra, which has deposited the money required to acquire 51 per cent stake in Satyam Computer Services, today announced an open offer...