JK Paper Ltd said it will fully acquire Manipal Utility Packaging Solutions Pvt Ltd for nearly Rs 90 crore. The company has entered into a share purchase agreement (SPA) for the acquisition of 100 per cent shares of...
CCI clears acquisition of Hitachi Astemo by HMCL, Japan Investment Corp
Fair trade regulator Competition Commission of India (CCI) said it has cleared the acquisition of certain shareholding in Hitachi Astemo Ltd (HAL) by Japan Investment Corporation and Honda Motor Co Ltd (HMCL). The...
Energy exchange IEX to acquire 10% stake in Enviro Enablers India
Energy exchange IEX on Friday said it will acquire a 10 per cent stake in Enviro Enablers India Private Limited. The association will fulfil IEX’s commitment towards sustainability and decarbonisation in line with...
EKI Energy Services picks up 26% stake in WOCE Solutions for Rs 80 lakh
EKI Energy Services Ltd on Friday said it has completed the acquisition of a 26 per cent stake in WOCE Solutions Private Limited (WOCE) for around Rs 80 lakh. In March 2023, its Board of Directors approved to subscribe...
Shree Renuka to acquire 100% stake in Anamika Sugar Mills for Rs 235 cr
Shree Renuka Sugars said it has entered into an agreement to acquire a 100 per cent stake in Anamika Sugar Mills for Rs 235.5 crore. Renuka Sugars is one of the leading sugar firms in the country. In a regulatory...
DB Realty to acquire stakes in 3 hotels for more than Rs 2,300 cr
Mumbai-based D B Realty Ltd on Monday said it will acquire shares in Bamboo Hotel Global Centre, Goan Hotels & Realty and BD And P Hotels for more than Rs 2,300 crore. These deals fall into related party...
Air India, Vistara merger: Creditors to vote on merger proposal on Sept 23
Tata-owned Air India and Vistara have asked for permission from their creditors to merge the two airlines. On Thursday, The Economic Times (ET) reported that creditors will vote on the proposal on September 23. Sources...
Neuberg Diagnostics completes ARL, Supratech merger, IPO in works
Neuberg Diagnostics Pvt Ltd has completed the merger of Neuberg Supratech Reference Laboratory, Ahmedabad, and Neuberg Anand Reference Laboratory, Bengaluru, thereby setting the ball rolling for its IPO plans, the...
CCI clears acquisition of 11% of TVS Credit Services by Premji Invest
Fair trade regulator CCI said it has cleared the proposed acquisition of about 11 per cent stake in TVS Credit Services Ltd by PI Opportunities Fund-I Scheme-II (PIOF-II) and certain individuals. PI Opportunities Fund-I...
Axis Finance approaches NCLAT against NCLT approval of Zee-Sony merger
Axis Finance has filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal’s (NCLT) nod to the Zee-Sony merger, the company said on Thursday. This comes just...
Razorpay acquires digital invoicing, customer engagement startup BillMe
Fintech platform Razorpay, announced the acquisition of BillMe, a Mumbai-based digital invoicing and customer engagement startup, marking the company’s eighth acquisition after it acquired Ezetap last year. With this...
Lighthouse Advisors India sells 1.3% stake in Bikaji Foods for Rs 156 cr
Mumbai-based Lighthouse Advisors India on Tuesday divested a 1.3 per cent stake in Bikaji Foods International for nearly Rs 156 crore through an open market transaction. Lighthouse Advisors through its investment...
