Technical Ammonium Nitrate (TAN) is an important chemical used in various industries, including mining, construction, and agriculture. Its primary use is as a component in explosives, where it is mixed with other...
Hindware Group’s 5 years journey after demerger: Still waiting for unlocking value
From its presence in sanitaryware & packaging in 2011, over the years, the Hindware Group expanded to numerous consumer facing businesses like Faucets, Appliances, Plastic pipes & fittings, Fans, Kitchen...
Can Look Back Period be extended for Preferential, Undervalued, Fraudulent and Extortionate Transactions under Insolvency and Bankruptcy Code (IBC)?
The Code has identified set of transactions, whereby a Corporate Debtor may lose value, in the run-up to commencement of the Corporate Insolvency Resolution Process (CIRP). They are known as Avoidance Transactions...
IDFC merger may be delayed on fair value issue
The merger of parent IDFC Ltd with its unit IDFC First Bank is likely to take longer than expected as the managements of both the institutions are looking to extract value for their respective shareholders, said two...
Dealmaking activity severely hit in Sept qtr; down 66% by value: Report
Corporate deals, including mergers and acquisitions and venture funding, were down 66 per cent by value to USD 10.22 billion in the September quarter, a report said on Tuesday. By volumes, the deals were down by 25 per...
Deal values halve to $4.1 bn in August: Grant Thornton Bharat
Deal activity in India halved to USD 4.1 billion in value terms in August 2022 and witnessed a nearly 40 per cent slump in terms of volume, a report said on Thursday. When compared with the preceding month of July, the...
Oak Street, GIC to buy REIT Store Capital in deal valued at $14 bln
Singapore’s GIC and private equity firm Oak Street, a division of Blue Owl Capital Inc, will buy commercial real estate investment trust Store Capital Corp in a deal valued at about $14 billion, the companies said...
The Investment Trust of India Limited ‘The company constantly looking at value creation through acquisitions and restructuring. Whether this will work this time?
The Investment Trust of India Limited (“TITIL” or “Demerged Company”) is principally engaged in the business of offering a range of financial products and services. These various businesses are grouped under two broad...
Crypto firm 21.co raises $25 million to value it at $2 billion
Crypto investment product firm 21.co, the parent of 21Shares, said on Tuesday it had raised $25 million in a funding round led by Marshall Wace that valued the company at $2 billion. “With this round of financing...
M&A deal value in healthcare, pharma hits record high in first half of 2022
India’s healthcare and the pharmaceutical sector saw hectic deal activity with the value of mergers and acquisitions (M&As) in the first six months of this calendar year scaling a record high and crossing the total...
Suitors back out as THG rebuffs all recent ‘undervalued’ buyout approaches
Two suitors for THG Plc pulled out after the British e-commerce firm disclosed it had rejected recent takeover approaches as undervalued, sending its shares tumbling about 23%. London-listed THG said the approaches...
M&M wants EV arm under its roof for value chain efficiency
Mahindra & Mahindra, India’s leading utility vehicle maker is seeking approval from the National Company Law Tribunal for a merger of Mahindra Electric Mobility Ltd to itself – i.e. Mahindra & Mahindra Ltd...