Britain’s GSK will buy RAPT Therapeutics for $2.2 billion, adding global rights to the U.S. firm’s experimental food allergy drug ozureprubart to its respiratory and immunology portfolio, the drugmakers...
Adani Power in focus as NCLAT clears Rs 4,000-crore Vidarbha Power acquisition
Shares of Adani Power are expected to remain in focus today during the trading session on January 20 after the National Company Law Appellate Tribunal (NCLAT) upheld the company’s Rs 4,000-crore acquisition of Vidarbha...
Novo Holdings buys 49% stake in Surya Hospitals
Novo Holdings, a 142 billion euro investment firm that controls Danish drug maker Novo Nordisk, has acquired a 49% stake in Maharashtra-headquartered Surya Hospitals at a valuation of Rs 1,000-1,200 crore, according to...
NCLAT upholds Adani Power’s Rs 4k-cr acquisition of Vidarbha Industries Power
Insolvency appellate tribunal NCLAT has upheld the acquisition of Vidarbha Industries Power by Adani Power Ltd (APL), India’s largest private thermal power producer. The National Company Law Appellate Tribunal...
Sun Pharma looks to rise in US with $10 billion Organon buy
Sun Pharmaceutical Industries Ltd, India’s largest drugmaker by market cap and revenue, is evaluating the acquisition of US-based Organon, a specialist in women’s health with an expanding presence in the fast-emerging...
Micron’s $1.8 billion acquisition boosts Powerchip shares
Shares of Taiwan’s Powerchip Semiconductor Manufacturing Corp rose nearly 10% on Monday after U.S. memory chipmaker Micron Technology said it would buy a fabrication plant from the company. Micron...
NCLT approves Poonawalla Finance demerger splitting lending, real estate business
The National Company Law Tribunal (NCLT) has approved a composite scheme of arrangement involving Poonawalla Finance and its real estate entities, clearing the way for a multi-step demerger aimed at splitting the...
Kalpataru Projects International sells Vindhyachal Expressway for Rs 775 crore
Kalpataru Projects International on Friday said it has sold 100 percent equity stake in its arm Vindhyachal Expressway to Actis for Rs 775 crore. The definitive agreement(s) were executed on October 9, 2024, to transfer...
Allied Blenders to acquire assets of NICOL’s non-operational unit in UP
Allied Blenders and Distillers on Friday said its board has cleared a proposal to acquire assets of a non-operational distillery cum bottling facility in Uttar Pradesh from National Industrial Corporation for Rs 70...
IHCL to aquire 51% stake in Brij Hospitality
Tata Group backed Indian Hotels Company (IHCL) announced on Thursday that it has entered into sharesubscription and share purchase agreements to acquire around 51% shareholding in Brij Hospitality PrivateLimited, for an...
Lionsgate sells Lionsgate Play in South, SE Asia to Rohit Jain in up to $30 million deal
Content studio Lionsgate has sold its over-the-top (OTT) streaming business, Lionsgate Play, in South Asia and Southeast Asia to Rohit Jain at an estimated deal value of up to $30 million, people aware of the terms told...
Mitra to merge with Tierra Agrotech in Rs 787-crore deal, eyes IPO by 2026
Delhi-based FMCG start-up Mitra has announced a merger with Tierra Agrotech in a deal valued at Rs 787crore transaction, said the company in a statement. The company also plans to list on the Bombay Stock Exchange (BSE)...
