Murugappa Group firm Coromandel International has sought fair trade regulator CCI approval to acquire a majority stake in NACL Industries. NACL, a listed entity, operates in the agro-chemical sector. It offers crop...
Indus puts towers buy from Bharti Hexacom on hold
Indus Towers has put on hold plans to acquire 3,400 telecom towers from Bharti Hexacom — a unit of Bharti Airtel. “….based on the intimation received from Bharti Hexacom, which has also been communicated by them to the...
Pine Labs gets NCLT nod to reverse flip Singapore entity
Digital payments firm Pine Labs has secured the nod from the National Company Law Tribunal (NCLT) to merge its Singapore entity with its India entity, thereby reverse flipping its parent entity back to India. Pine Labs...
Prada buys rival Versace for $1.38 billion to create Italian fashion powerhouse
Prada struck a deal on Thursday to buy smaller rival Versace from Capri Holdings for $1.375 billion, which includes its debt, in a move that unites two of the biggest names in Italian fashion. Prada is seeking to...
Alpha Wave in race for Carlyle’s 24% stake in Nxtra for ₹5,125 crore
Alpha Wave Global is circling Nxtra Data, the data centres business of telecom company Bharti Airtel, to acquire a significant stake in the company as Carlyle looks to monetise its five-year-old investment, said people...
JSW Neo Energy completes acquisition of 4.7 GW renewable energy platform from O2 Power
JSW Energy on Wednesday said its arm JSW Neo Energy has completed the acquisition of 4.7 GW renewable energy platform from O2 Power for an enterprise value of Rs 12,468 crore. The total installed capacity now stands at...
Nuvoco Vistas gets NCLT nod to acquire Vadraj Cement
The Mumbai bench of the National Company Law Tribunal has approved Vadraj Cement’s acquisition by Nirma group-owned listed cement maker Nuvoco Vistas Corp Ltd. Gujarat-based Vadraj Cement, formerly owned by ABG...
BlueStone, Elevation Capital-backed Aye Finance get Sebi nod for IPO
Jewellery retailer BlueStone and Elevation Capital-backed Aye Finance on Wednesday received the market regulator’s approval to raise funds through initial public offerings (IPO). Both companies filed their...
Vedanta looks to go for four-way business split
Metals maven Anil Agarwal-owned Vedanta is considering trimming its proposed demerger into four units, from the originally planned six and later reduced to five, after a corporate tribunal blocked the spin-off of its...
Milwaukee Brewers acquire Quinn Priester from Boston Red Sox in exchange for prospect, draft pick
On Monday, the Milwaukee Brewers disclosed that they had acquired right-handed pitcher Quinn Priester from the Boston Red Sox. The Red Sox, in return, will also get a 2025 Competitive Balance Round A draft selection and...
ITC shares in focus after completing Rs 131 cr acquisition of Ample Foods
Shares of FMCG major ITC are expected to remain in focus when markets open on Monday, April 7, following the company’s announcement of acquiring a significant stake in Ample Foods Private Limited (AFPL) for...
Haldiram’s Nagpur & Delhi branches complete merger
“A new chapter begins and it’s a significant one,” ethnic snacks maker Haldiram’s chief executive KK Chutani wrote on social media platform LinkedIn on Monday afternoon, to announce the merger of two family entities...
