The Board of Coforge at its meeting held on 04 March 2025 has approved the following acquisitions: (a) The company, through its wholly owned subsidiary, Coforge Inc., has agreed to enter into a stock purchase agreement...
Metropolis strengthens UP presence with acquisition of Scientific Pathology
India’s second largest pathology laboratory chain Metropolis Healthcare is set to acquire Agra-based Scientific Pathology for an all-cash deal that would range between Rs 55-83 crore based on some revenue and Ebitda...
Chemplast Sanmar to acquire 18.46% stake in JSW Green Energy Nine for Rs 21.38 crore
Chemplast Sanmar announced that it, along with its subsidiary, Chemplast Cuddalore Vinyls, will acquire equity shares in JSW Green Energy Nine, a special purpose vehicle established by JSW Neo Energy for renewable power...
Aurobindo Pharma acquires 80% stake in Tergene Biotech
Aurobindo Pharma has completed the acquisition of 80% stake in Tergene Biotech, a step-down subsidiary of the company and also a joint venture company, held by Auro Vaccines, a wholly owned stepdown subsidiary of the...
Tata Steel acquires equity stake worth Rs 10,727-cr in subsidiary, TSHP
Tata Steel said that it has acquired 788,53,50,318 ordinary equity shares of face value $ 0.157 each aggregating to $1,238 million (Rs 10,726.85 crore) in T Steel Holdings (TSHP). T Steel Holdings (TSHP) is a wholly...
MO Alts acquires majority stake in Megafine Pharma for Rs 460 crore
Motilal Oswal Alternate Investment Advisors (MO Alts) has announced its first sole control investment, acquiring a majority stake (over 60 per cent) in Megafine Pharma, a Mumbai-based export-focused Active...
Apollo Pipes acquires additional 0.50% stake in Kisan Mouldings
Apollo Pipes announced that it has made an additional investment by acquiring a 0.50% equity stake in its subsidiary, Kisan Mouldings (KML), through a secondary purchase. Kisan Mouldings, a subsidiary of the company, is...
Flipkart-backed super.money acquires checkout financing platform BharatX
Flipkart-backed fintech firm Super.money on Tuesday acquired checkout financing platform BharatX in an all-cash deal as the company continues to launch new payment and credit offerings since its launch last year. The...
AkzoNobel N.V. to acquire Indian arm’s powder coatings business
Akzo Nobel India announced that its board of directors has accepted a binding offer from AkzoNobel N.V. to acquire the company’s powder coatings business and International Research Centre (R&D) for Rs 2,073...
Centre kickstarts process for stake sale in PSBs and listed PFIs
As part of the long-promised financial sector reforms, the government on Monday kickstarted the process of diluting its equity in select public-sector banks (PSBs) and listed public financial institutions (PFIs) by...
Indorama Netherlands set to acquire minority stake in EPL
Blackstone (NYSE: BX) today announced that private equity funds managed by Blackstone have entered into a definitive agreement with Indorama Netherlands, B.V. (INBV or Investor), a group entity of Indorama Ventures...
Veranda acquires 40% stake in BB Virtuals and 65% stake in Navkar Digital
Veranda Learning Solutions has taken a 40.41% stake in BB Publications (BB Virtuals) and acquired 65% stake in Navkar Digital Institute (Navkar Digital). Veranda Learning will acquire an additional 10.59% stake in BB...
