In June 2013, Apollo Tyre’s Limited announced that it would acquire Cooper Tire & Rubber Company in an all-cash transaction valued at $2.5 billion. But Copper decided first to terminate the deal...
Torrent‐Elder Pharmaceuticals Acquisition For Mutual Benefit
Torrent Pharmaceuticals had acquired the branded domestic formulations business of Elder Pharmaceutical in India and Nepal for Rs 2,004 crore. The deal helped the Ahmedabad‐based company to widen its market...
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...
TATA Power Acquires AES Corp
TATA has entered into share purchase agreement (SPA) with AES Corp. for 100% shareholding of AES Saurastha Winds Farms Private Limited. This is the horizontal acquisition as the TATA has a presence in renewable energy...
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...
CIE Automotive And Mahindra Group Tie Up
Mahindra Group has entered into a global alliance with Spain’s CIE Automotive S.A. The agreement will come under Systech Sector, which happens to be the Mahindra group automotive component, and CIE Automotive (also...
Shriram Group Is The First Choice For Investors
Shri Ram Group Company has made investments in Manufacturing, Value Added Services, Project Development, Engineering Services, Pharmaceuticals, Machined & Auto Components, Press Dies & Sheet Metal Stamping...
Amtek Grows From Strength To Strength
ALLIANCE INTEGRATED METALIKS LIMITED: The company started as a financing company in the name of “BS Holding and Credit Private limited” in the year 1989 based in New Delhi. In the year 1996 it was converted into a...
Parenteral Drugs Limited Looks For Growth Avenues
Parenteral Drugs (India) Limited has acquired Fresenius Kabi India Private Limited wholly to sell its only manufacturing unit at Goa owned by the subsidiary – Goa Formulations Limited (GFL) for Rs 200 crore...
Nestle India Acquires Stake In Indocon Agro
Nestle India Limited had acquired 26% stake in Indocon Agro and Allied Activities Private Limited, engaged in milk collection business in Western India for an undisclosed amount. Indocon Agro and Allied Activities...
Bartronics Acquires Stake In Systems America
Bartronics Asia Pte. Ltd. (BAPL) wholly owned subsidiary of Bartronics India Ltd. had acquired 51 per cent stake in Systems America Inc. (SYAI), is headquartered in Pleasanton, California, US and listed in the OTC...