French plant-based ingredient producer Roquette Frres has sought fair trade regulator CCI’s approval for the proposed acquisition of the pharma solutions business and certain product lines of International Flavors...
Edtech firm BrightChamps acquires Edjust in a cash-and-stock deal
Edtech platform BrightChamps said it has acquired Indian K-12 education marketplace Edjust to bolster global expansion. The cash-and-stock deal concludes BrightChamps’ fourth acquisition since its inception in 2020 –...
MRPL acquires 26.96% stake in Mangalore SEZ
The Board of Mangalore Refinery And Petrochemicals at its meeting held on 20 January 2025 has approved the acquisition of 1,34,80,000 equity shares of Mangalore SEZ (MSEZ) from IL&FS at a revised consideration of Rs...
Board of Allcargo Terminals approves acquisition of 15% stake in Speedy Multimodes
The Board of Allcargo Terminals at its meeting held on 17 January 2025 has approved the Preferential issue of equity shares of the company for consideration other than cash, i.e. in lieu of acquiring 15% shares of...
Dubai’s Emaar confirms stake sale talks with Adani Group for Indian ops
Emaar Properties, the leading real estate developer in Dubai, announced on Thursday that it is in talks with multiple Indian companies, including the Adani Group, about a potential stake sale in its Indian subsidiary...
Sun Pharma’s unit Taro to acquire 100% stake in Antibe Therapeutics
Sun Pharmaceutical has announced that its subsidiary, Taro Pharmaceuticals, has entered into an agreement to acquire a 100 per cent stake in Antibe Therapeutics, a clinical-stage biotechnology company based in Ontario...
Oyo early investors consider partial stake sale at $3.9 billion valuation
Early investors in Oyo, including Lightspeed Venture Partners, are reportedly in discussions with family offices to sell part of their stakes in the hospitality startup. According to The Economic Times, the valuation...
Rashi Peripherals to acquire 70% stake in Satcom Infotech
Rashi Peripherals (RP Tech) has announced its intent to acquire 70% equity stake in Satcom Infotech, a prominent distributor specializing in cybersecurity solutions. This strategic move expands RP Tech’s portfolio...
Kilburn Engineering completes acquisition of factory unit at Ambernath
Kilburn Engineering has completed the transfer of the factory unit situated at Plot No. B/78/1, M.I.D.C, Anand Nagar, Additional Ambernath Industrial Area, Ambernath (East) – 421 506, Thane, Maharashtra along with...
Sudarshan Chemical gains on acquiring Germany based company
Sudarshan Chemical Industries rose 1.33% to Rs 1,110.05 after the company announced that its wholly owned subsidiary, Sudarshan Europe B.V., has acquired Blitz F24-526 GmbH, a limited liability company based in...
Waaree Energies inks pact to acquire Enel Green Power India for Rs 792-cr
Waaree Energies has announced the signing of a share purchase agreement with Enel Green Power Development S.r.l. for the acquisition of 100% of the share capital of Enel Green Power India (EGPIPL) for an amount of up to...
NCLAT gives go-ahead for Indiabulls Real Estate-Embassy Group merger
In a major relief to Indiabulls Real Estate (IBREL) and Embassy Group, the appellate tribunal NCLAT has sanctioned the scheme of amalgamation to merge both the real estate firms after setting aside the NCLT order...