Investment firms 3G Capital and Berkshire have teamed up to create a new company through the merger of H J Heinz and Kraft Foods. The giant new company will be called the Kraft Heinz Company and will make it the third...
Shree Cement Buys Out Jaypee Cement’s Panipat Unit
As north India has only 16% of the country’s limestone resources, cement companies try to consolidate by acquiring companies for their raw material needs. One example of such a consolidation is Shree Cements Ltd...
Sebi-FMC Merger to Boost Commodities Trading
Commodities regulator Forward Markets Commission (FMC) was merged with the capital markets regulator Securities and Exchange Board of India (Sebi) in September 2015. It is for the first time that a regulator had been...
Sebi to Act Against Companies With No Woman Director
Market regulator Sebi will take ‘necessary’ action against listed firms which fail to appoint at least one woman director on their Boards by the end of this month, Parliament was informed today. The...
Annual M&A Happenings 2014-15
Industry-wise break-up of the Schemes filed during the previous year April 2014 to March 2015. Industry TOTAL TOTAL No. of Deals from April 2014 to March 2015 No. of Deals from April 2013 to March 2014 Chemicals 2 4...
Infosys’ Sikka Buys Panaya For a Giant Leap
In February 2015, Infosys bought Panaya Inc., a leading provider of automation technology for large scale enterprise software management, for an enterprise value of $200 million (Rs 1,244 crore). The payment was upfront...
Aditya Birla Chemicals merges with Grasim Industries
In a consolidation move between group companies, Aditya Birla Chemicals Limited (ABCIL) merged with Grasim Industries Limited. The merged consolidated Aditya Birla Group’s chlor-alkali business into Grasim and...
Adani Group Restructures for Long‐Term Play
In order to build on its core strength, diversified industrial house Adani Group has restructured its business. Under the newly structured pattern, the group demerged its listed power generation and ports firm spliced...
FDI in insurance upto 26 percent allowed via automatic route
The government on Friday said up to 26 per cent Foreign Direct Investment (FDI) in insurance companies will be allowed through automatic route, as it notified rules to increase foreign direct investment...
M&A Happenings: February 2015
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals February 2015 January 2015 Auto Components 1 1 Financial Services 5 5 Investments 3 2 Information Technology 4 2 Infrastructure 2 0 Power 0...
Suzlon Sells German Arm Senvion For €1 Billion
Suzlon Energy Ltd signs the binding agreement with a US-based private equity firm, Centerbridge Partners LP for 100% sale of the stake in its wholly owned subsidiary i.e.Senvion SE which Suzlon Energy Ltd acquired...
M&A Happenings: January 2015
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals January 2015 December 2014 Auto Components 1 2 Financial Services 5 4 Investments 2 3 Information Technology 2 1 Infrastructure 0 2 Power 1...