Salasar Techno Engineering Ltd (STEL) on Wednesday said it has paid Rs 168 crore as balance payment to complete the acquisition of EMC Ltd through an insolvency process. The total acquisition cost of the engineering...
KKR to buy Healthium Medtech for Rs 7000 cr from Apax
KKR is all set to acquire Healthium Medtech (formerly Sutures India) from private equity owner Apax Partners for an enterprise value of Rs 7,000 crore ($840 million), said people aware of the matter. This follows a...
KARAM Safety acquires Midas Safety India
KARAM Safety, a leading global Personal Protective Equipment (PPE) player and fall protection solutions provider, has acquired Midas Safety India, a prominent player in the hand protection safety products industry...
KKR, Novo Nordisk, others bid for Healthium buy
Global private equity major KKR and pharma major Novo Nordisk have submitted final bids to acquire surgical sutures firm Healthium Medtech, three people with knowledge of the development said on condition of anonymity...
CCI approves Airtel’s buyout of Warburg Pincus affiliate’s stake in DTH arm
The Competition Commission of India (CCI) has approved Bharti Airtel’s acquisition of an additional 20% stake in its direct-to-home (DTH) arm Bharti Telemedia from an affiliate of New York-headquartered private equity...
Canarys Expands Global Presence with Strategic Acquisition in North America
Canarys Automations Limited (NSE – Canarys), a stalwart in the realm of digital transformation, embarks on an ambitious journey to broaden its horizons across continents. The company announces its strategic intent to...
Private equity owner of Sauer Brands explores sale of condiments maker, sources say
The private equity owner of Sauer Brands is exploring a sale of the 137-year-old maker of condiments and spices that could value it at more than $1 billion, including debt, according to people familiar with the matter...
hBits forays into Pune property market, acquires asset in CyberCity Magarpatta
Fractional ownership platform hBits is looking to raise over Rs 55 crores for a pre-leased commercial asset it has acquired in Pune marking its foray in the second largest city in Maharashtra. The property is leased to...
CCI clears International Finance Corp’s acquisition of debentures in Napino
Fair trade regulator CCI on Tuesday said it has approved the proposed subscription to compulsory convertible debentures of Napino Auto and Electronics Ltd by International Finance Corporation. International Finance...
Vista Outdoor asks MNC Capital to increase $3 bln buyout offer
Vista Outdoor on Monday pushed MNC Capital to raise its offer to acquire the sporting and outdoor products maker, saying the investment firm’s current bid of $3 billion undervalued its performance gear business...
Activist Jana, in letter, urges Wolfspeed to eye sale, other strategic alternatives
Activist investor Jana Partners is urging the world’s largest maker of silicon carbide Wolfspeed Inc to explore all ways to improve shareholder value, including a potential sale, according to a letter reviewed by...
Kroger, Albertsons to sell 166 more stores seeking approval of $25 billion merger
Kroger and Albertsons Cos are expanding their planned sale of grocery stores, offloading 166 more locations than previously agreed upon to C&S Wholesale Grocers as they work to get regulatory approval for their...