Authum Investment & Infrastructure on Monday offloaded shares of JSW Energy for Rs 552 crore through an open market transaction. Authum is a BSE-listed and registered NBFC in the business of investment in shares and...
Amcor Announces Acquisition of Scalable Flexible Packaging Plant in High-growth Indian Market
Amcor, a global leader in developing and producing responsible packaging solutions, today announced it has entered into an agreement to acquire Phoenix Flexibles, expanding Amcor’s capacity in the high-growth...
Adani Enterprises considering sale of 44% stake in Wilmar Venture
Adani Enterprises Ltd. is exploring selling its stake in its Mumbai-listed consumer-staple joint venture with Wilmar International Ltd., freeing up capital for their core business, according to people familiar with the...
Dabur scouting for acquisition targets in D2C healthcare, personal care
Homegrown FMCG major Dabur India is looking for an acquisition in direct-to-consumer (D2C) space, particularly in healthcare and personal care, its Chief Executive Officer Mohit Malhotra said on Thursday. The...
Ipca Laboratories acquires 33.38% stake in Unichem for over Rs 945 cr
Ipca Laboratories said it has completed the acquisition of a 33.38 per cent stake in Unichem for Rs 945.35 crore. Last week, Ipca got approval from the Competition Commission of India (CCI) for a 59.38 per cent stake...
NCLAT dismisses all challenges to AGI Greenpac’s acquisition of HNG
The National Company Law Appellate Tribunal (NCLAT) has dismissed the challenge brought forth by Independent Sugar Corporation Limited (INSCO) and other companies against the Competition Commission of India’s...
Ambuja-ACC and JK Lakshmi Cement lead race for Sanghi Cement acquisition
Adani group-owned Ambuja-ACC and JK Lakshmi Cement are currently leading the race to acquire Ahmedabad-based Sanghi Cement, which is up for sale with an estimated enterprise value of Rs 6,000 crore according to a report...
Qatar Investment Authority looking to buy 1% stake in Reliance Retail
Qatar Investment Authority (QIA), the country’s sovereign wealth fund, is looking to buy a minority stake in Reliance Retail Ventures, Financial Times (FT) reported. It said that QIA is considering a $1 billion...
Bikaji Foods International acquires 49% equity stake in Bhujialalji
Bikaji Foods International Ltd on Wednesday acquired a 49 per cent stake and 396 compulsorily convertible debentures (CCDs) in Bhujialalji Pvt Ltd, the company said in a BSE filing. The deal comprised 9,608 equity...
GQG Partners acquires 5.96% stake in Patanjali Foods via offer of sale
NRI Rajiv Jain-led GQG Partners, which has in recent times poured in billions of dollars in Adani Group firms after the Hindenburg report, has now invested around Rs. 2,400 crore in Ramdev-led fast-moving consumer goods...
Abu Dhabi National Oil Company confirms talks on Borouge-Borealis merger
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”) is excited to confirm that, following initial exploratory discussions, it has entered into formal negotiations with OMV AG (“OMV”), about...
Nirma, Sekhmet Pharmaventures vie for $731 mn Glenmark Life stake: Reports
Indian conglomerate Nirma Ltd. and PAG-backed Sekhmet Pharmaventures are among the shortlisted bidders for a controlling stake in Glenmark Life Sciences Ltd., according to people familiar with the matter. The suitors...
