NEW DELHI: Asian Paints LtdBSE 0.68 % will acquire Ess Ess Bathroom Products Pvt Ltd’s entire front-end sales business for an undisclosed sum. “The company on May 14, 2014 has entered into a binding...
Gaja Capital Invests In SportzVillage
Bengaluru based Junior Sports and Services, which works under the brand name ‘SportzVillage’, has raised about R65 Cr from mid stage PE firm Gaja Capital. The proceeds from the latest round will be used to...
ABeam Consulting Acquires Stake In Optimum Solutions
okyo headquartered ABeam Consulting, has acquired about 25% stake in IT solutions and services provider, Optimum Solutions, for an undisclosed amount. With the deal, Abeam aims to strengthen its IT solutions...
Piramal Abbott Story : Deal Impact
In 2010, Ajay Piramal promoted Piramal Healthcare sold off its main formulation business to Abbott India for over INR 17,000 crore and announced a buy-back of up to 20% of outstanding share capital of the company at INR...
DELL – EMC M & A
In a biggest-ever technology acquisition, PC maker Dell and private-equity player Silver Lake Partners have acquired data storage provider EMC for $67 billion in a cash-and-shares deal. The $33.15 per share deal works...
M&A Happenings: October 2015
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals November 2015 September 2015 Agriculture – – Financial Services 1 2 Investments – – Information Technology 2 1...
Inbound M&A Deals on I-T Department’s Radar
The Tax department has fixed its eagle eye on yet another target — this time it’s inbound mergers and acquisitions (M&As). Forty companies are said to have received notices and the total tax demand...
JSW Energy Strengthen It’s Power Genration Business
JSW is aggressively betting on the expansion of its power generation business. Power Generation business has a huge gestation gap in terms of time from setting up the business to make it profitable. Therefore to make...
M&A Happenings: September 2015
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals September 2015 August 2015 Agriculture – 1 Financial Services 2 1 Investments – 2 Information Technology 1 4 Infrastructure...
Castex Technologies Allots Shares
Even as the bond holders of Castex Technologies, formerly Amtek India, alleged manipulation, the company on Thursday converted around $80 million (Rs.530 crore) of bonds into equity. The Amtek group company...
Paved way for Merger of FMC with SEBI
On 24th August 2015 The Securities and Exchange Board of India (SEBI) paved the way for the merger of Forward Markets Commission (FMC) with SEBI. According to a press release issued by SEBI, its board has cleared the...
BINANI Metals to Merge with BINANI Industries
Binani Industries Limited (BIL), a group that has business interests in cement, zinc, glass fiber, energy, and industrial infrastructure, Binani Metals Merger Binani Industries (BML) with itself. ABOUT BINANI GROUP The...