CRISIL advanced 1.52% to Rs 5609.35 after the company’s board approved the acquisition of 4.08% stake in Online PSB Loans (OPL) for Rs 33.25 crore on fully diluted basis. OPL is a pioneer in the digital MSME...
360 ONE AAM to acquire equity shares of Maple Infra InvIT Investment Manager
360 ONE Alternates Asset Management (360 ONE AAM), wholly owned subsidiary of 360 ONE WAM, has entered into a share purchase agreement dated 12 December 2024, to acquire certain equity shares (Acquisition) of Maple...
Blackstone gets CCI nod to acquire stakes in two Bagmane Group entities
The Competition Commission of India (CCI) on Tuesday said it has cleared Blackstone’s arm BREP Asia III India Holding Co VIII’s proposed acquisition of stakes in Bagmane Developers and Bagmane Rio. US-based...
Board of Styrenix Performance Materials approves acquisition of INEOS Thailand
The Board of Styrenix Performance Materials at its meeting held on 09 December 2024 has approved the proposed acquisition by the Company (through a step down subsidiary) of 100% shareholding of INEOS Styrolution...
Gujarat Apollo Industries announces acquisition of Mehsana-based Fieldtrack Earthmovers
Gujarat Apollo Industries announced that its wholly owned subsidiary AEML Investments (formerly known as Apollo Earthmovers) (AEML) has entered into a Share Purchase Agreement on 07 December 2024 with the shareholders...
UltraTech receives CCI notice over proposed acquisition of India Cements
Leading cement maker UltraTech Cement has received a notice from the fair trade regulator CCI over its proposed acquisition of the South-based India Cements Ltd. UltraTech Cement, in a regulatory filing, said it has...
Torrent Pharma to acquire three anti-diabetes brands from Boehringer Ingelheim
Torrent Pharmaceuticals announced that it has entered into an agreement to acquire three anti-diabetes brands from Boehringer Ingelheim International GmbH (BI). The brands include Cospiaq (empagliflozin), Cospiaq Met...
RBI approves Canara Bank’s stake sale in MF, insurance subsidiaries via IPO
The Reserve Bank of India (RBI) has approved Canara Bank’s stake sale in its mutual fund and insurance arms through an Initial Public Offering (IPO), the state-owned lender said on Thursday. “Reserve Bank of India...
CyberProof Acquires Interpres Security to Bolster Its Cybersecurity Portfolio
CyberProof Inc., a UST company, announced today the acquisition of Interpres Security, a Gartner-recognized vendor in Continuous Threat Exposure Management (CTEM) and Automated Security Control Assessments (ASCA). This...
L&T to acquire 21% stake in E2E Networks in two-part Rs 1,406 crore deal
Engineering conglomerate Larsen & Toubro (L&T) on Tuesday announced it will acquire a 21 per cent stake in Indian Cloud and AI Cloud provider E2E Networks, in an all-cash transaction of Rs 1,406 crore. The...
Pricol to acquire SACL’s injection moulding business
Pricol announced the proposed acquisition of Sundaram Auto Components (SACL)’s Injection Moulding business through Pricol Precision Products (a wholly owned subsidiary of Pricol). With this acquisition, Pricol...
Macrotech Developers acquires 100% stake Janus Logistics and Industrial Parks
Macrotech Developers said that it has executed a share purchase agreement for acquisition of 100% stake in Janus Logistics and Industrial Parks (JLIPPL) for total consideration of Rs 47.94 crore. Janus Logistics and...
