In what would mark the first majority stake sale of an Indian Premier League (IPL) franchise since the league’s inception in 2008, Ahmedabad-based Torrent Group is in the final stages of acquiring a 66 per cent stake...
Juniper Hotels Board approves acquisition of Jenipro Hotels
The Board of Directors of Juniper Hotels at its meeting held today, 11 February 2025, has approved the acquisition of 100% of the equity share capital of Jenipro Hotels (Jenipro) from its existing shareholders (Sale...
Kesar India acquires 51% stake in Kesar IM Infra Projects
Kesar India has acquired 51% stake in Kesar IM Infra Projects, a Partnership Firm incorporated on 10 February 2025. The firm shall engage in the business of developing real estate projects, including but not limited to...
Hyatt Hotels to acquire Playa Hotels & Resorts for about $2.6 billion
Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net of cash, the company said on Monday, seeking to boost its presence in Mexico and the Caribbean. The acquisition follows rising...
Veefin Solutions to acquire 49% stake in digital marketing firm White Rivers Media
Veefin Solutions said that the company, through its subsidiary Infini Systems, would acquire up to 49%, consisting of 4,900 equity shares, in White Rivers Media Solutions for a consideration of Rs 166.6 crore. White...
RIL to acquire 49% stake in London-based Oval Invincibles cricket team
Reliance Industries (RIL)-owned Mumbai Indians (MI), through its subsidiary RISE Worldwide, on Monday announced the acquisition of a 49 per cent stake in London-based Oval Invincibles, a franchise in the England and...
Indus Towers to acquire telecom sites of Airtel, Hexacom for Rs 3,309 cr
Telecom infrastructure firm Indus Towers will acquire mobile sites of its parent firm Bharti Airtel and sister concern Bharti Hexacom for Rs 3,308.7 crore, the company said in a regulatory filing. The boards of Bharti...
ITC to acquire Prasuma, expanding footprint in frozen, ready-to-cook foods
Diversified conglomerate ITC Ltd has signed definitive agreements to acquire a 100 per cent stake in Prasuma, a leading brand in the frozen, chilled, and ready-to-cook foods segment, for greater footprint in the Rs...
Board of Orient Technologies approves acquisition of majority stake in eProtect 360 Solutions
At meeting held on 06 February 2025 The Board of Orient Technologies at its meeting held on 06 February 2025 has granted in-principle approval for the acquisition of a 60% stake in eProtect 360 Solutions for a cash...
Board of Aurobindo Pharma approves acquisition of 26% stake in a solar energy company
At meeting held on 06 February 2025 The Board of Aurobindo Pharma at its meeting held on 06 February 2025 has approved to enter into a power purchase agreement with Swarnaaskshu Solar Power (Swarnaaskshu), a company...
Oswal Greentech acquires additional 5% stake in OAML
Oswal Greentech announced that it has acquired a 4.97% stake in Oswal Agro Mills (OAML) by purchasing shares at a price of Rs 69 each, for a total consideration of Rs 46.17 crore. OAML is primarily engaged in the...
TVS Holdings acquires 80.74% stake in Home Credit India for Rs 554 crore
TVS Holdings Ltd on Monday announced the successful completion of its acquisition of an 80.74 per cent equity stake in Home Credit India Finance (Home Credit India) for Rs 554 crore. The remaining 19.26 per cent of the...
