Mergers and acquisitions (M&A) in India more than doubled in terms of value during the nine months ended 30 September, helped mainly by large deals, with the third quarter recording the highest deal values, shows a...
M&A Happenings : September 2016
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals September 2016 August 2016 Agriculture – 1 Chemicals 1 3 Entertainments 1 – Financial Services 7 4 Information Technology 6 2...
Century may merge textiles biz with Aditya Birla Fashion
Century Textiles and Industries, once a star among Indian investors, is looking to demerge its textile business. It may merge it with Aditya Birla Fashion & Retail (ABFRL) to bring the entire textile and fashion...
Birla Group’s yet another Restructuring favoring Whom?
Aditya Birla Group always tries to expand their business inorganically. From the acquisition of cement business from L&T to the consolidation of retail business in last year, Aditya Birla group relentlessly tries to...
LIC, Aberdeen hold key to Nuvo-Grasim merger
Domestic and foreign institutional investors such as Life Insurance Corporation of India and UK’s Aberdeen Fund, which together hold over 50 per cent in Grasim Industries, will be key decision makers in Aditya...
Grasim, Nuvo shares tank on merger reports
The Aditya Birla group companies, Aditya Birla Nuvo, Grasim and Idea Cellular lost a combined market value of Rs 5,300 crore on Wednesday following reports the group was merging its two holding companies, Grasim and...
Aditya Birla Group rejig may lead to Grasim-Nuvo merger
MUMBAI: After consolidating its garments business into a single entity last year, the $41-billion Aditya Birla Group is planning another round of corporate reorganisation to unlock value and beef up the balance sheet...
M&A activity seen easing as India seals fewer deals in first half of 2016
Compared with the historical high in the same period a year ago, the deal count was 26.7% fewer and a deal value was 4% lower, says a MergerMarket report. The top three M&A deals in the first six months of the...
JSW Energy to buy Jaiprakash Power’s Bina unit for Rs 2,700 cr
Sajjan Jindal-promoted JSW Energy acquired the 500-megawatt (Mw) power plant of debt-laden Jaiprakash Power Ventures at Bina in Madhya Pradesh for Rs 2,700 crore, 10 months after the two firms got into a binding...
Nirma cements $1.4-bn Lafarge India buyout
Nirma, the Ahmedabad-based detergent and soap maker, on Monday announced its acquisition of Lafarge India’s 11-million-tonne (mt) cement business for $1.4 billion (about Rs 9,478 crore), including debt. The valuation is...
JSW Energy reopens talks with Jaypee Group for buying three power assets
NEW DELHI: Months after initial discussions fell through, Sajjan Jindal-controlled JSW EnergyBSE -4.47 % is said to have reopened talks with the Jaypee Group on acquiring three power assets. The two sides are in...
April 2016
Annual - Articles At Glance Cover Story - Siemens : Shuffling Cards fro Growth Building the Blocks : International Paper Acquisition of AP Paper Mills Cementing a Deal : Ultratech buys JP Cement Indorama, Dhunseri join...