When Argentina’s Mauricio Macri won the presidency late last year, MBA Lazard’s head of Latin America thought merger and acquisition activity would take off toward the second half of this year. The flurry of deals has...
August 2016
Issue Description Deal Impact: Kokoyu Camlin has board shoulder but a narrow hip ! Finance: DIVIDEND VS BUYBACK: A Win-Win for company and shareholder. Cover Article: Khaitans Restructuring Engineering Business via EMC...
SUUTI stakes sale faces hurdles; bankers say fine print too restrictive
MUMBAI: The government’s bid to offload stakes in companies held by the Specified Undertaking of the Unit Trust of India (SUUTI) faces a hurdle as investment bankers say the fine print is too restrictive...
Govt tells LIC to buy a third of SUUTI holdings
Mumbai: Life Insurance Corporation of India (LIC) will likely step in to buy between a third and half the equity assets of the Specified Undertaking of the Unit Trust of India (SUUTI), said two persons with direct...
Amazon ties up with Storeking for offline push
Bengaluru: Amazon India has increased its offline shopping initiative to more than 1,000 outlets in an attempt to increase its reach in small towns across the Indian hinterland. Amazon launched its offline shopping...
KKR India set to invest Rs600 crore in Kwality
Mumbai: KKR India is set to invest about Rs.600 crore in Kwality Ltd, the largest dairy firm in India outside government control, according to two people close to the development. KKR India, the local arm of the New...
J&J to buy hair care products maker Vogue for $3.3 billion
Johnson & Johnson (JNJ.N) said on Thursday it would acquire Vogue International for $3.3 billion, adding brands such as OGX shampoos and FX hair styling products to its consumer portfolio that includes Neutrogena...
Kochi-based JSF Holdings in talks to sell minority stake
JSF Holdings posted a revenue of Rs.350 crore in FY16. Mumbai: JSF Holdings Pvt. Ltd, an ice cream maker based in south India, is looking to sell a significant minority stake to raise funds for its expansion plans. The...
M&A Happenings : April 2016
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals April 2016 March 2016 Agriculture 3 – Chemicals 3 2 Entertainments 5 – Financial Services 16 3 Information Technology 11...
Small is Beautiful
While big ticket acquisitions like the $12.7-billion Tata Steel-Corus deal may draw major headlines and peer’s envy, it is small ticket deals like Dabur buying Balsara group for $35 million or Emani acquiring Zandu...
Nirma to buy US soda ash maker SVM
Nirma to buy US soda ash maker SVM The acquisition will place the detergent maker among the world’s top seven producers of soda ash Nirma today announced acquisition of the US-based natural soda ash producer...
Capgemini acquires Kanbay for $1.25 bn
Capgemini acquires Kanbay for $1.25 bn The merged entity has major plans for India. France-based infotech consultancy company Capgemini today acquired US-based Kanbay International for $1.25 billion to accelerate its...