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...
MobiKwik to acquire 3.39% in B2B infra platform Blostem for Rs 1.49 crore
Fintech firm MobiKwik on Friday announced it will acquire a 3.39 per cent stake in business-to-business (B2B) banking infrastructure platform Blostem for ₹1.49 crore. The aggregate shareholding of the Gurugram-based...
Senores Pharma gains after arm inks pact to acquire Roflumilast tablets
Senores Pharmaceutical added 2.18% to Rs 546.15 after the company’s wholly owned subsidiary, Senores Pharmaceuticals, Inc., USA has signed an agreement to acquire Roflumilast 250 mcg and 500 mcg tablets from...
Torrent gets CCI nod to acquire majority stake in IPL team Gujarat Titans
The Competition Commission of India has cleared healthcare and energy conglomerate Torrent Group’s proposal to acquire a majority stake in IPL franchisee Gujarat Titans. “The proposed combination relates to...
Boards of Nissan and Honda vote to officially end merger discussions
The boards of Nissan and Honda voted on Thursday to officially end talks to merge the Japanese automakers, two people familiar with the matter said. A tie-up would have created the world’s fourth-biggest auto...
Jay Kay Enterprises (JKE) Acquires Majority Stake in JK Tech to Drive AI & Gen AI Innovation
Jay Kay Enterprises (JKE), a leader in high-precision manufacturing for the Defence and Aerospace sector, including advanced digital printing capabilities, has acquired a majority stake in JK Tech, a global provider of...
Powergrid acquires Bidar Transco for Rs 6.52 cr under tariff-based bidding
Power Grid Corporation of India (Powergrid) on Tuesday said it was acquiring Bidar Transco Ltd (BTL) after being selected as a successful bidder under a tariff-based competitive bidding (TBCB). REC Power Development and...
PE giant Blackstone joins race to acquire Akzo Nobel paints business
American private equity giant Blackstone Inc. has entered the race to acquire the paints business of Akzo Nobel, which sells its products under the ‘Dulux’ brand. JSW Group and Pidilite have also shown interest in the...
XT Global Infotech explores strategic global acquisition opportunities
XT Global Infotech announced that the company is actively exploring strategic acquisition opportunities in Australia, Europe, and other key international markets to reinforce its global footprint and broaden its service...
