The Competition Commission of India (CCI) on Tuesday approved Japanese automaker Honda Motor Co’s proposal to acquire an additional 21 per cent stake in automotive components manufacturer Astemo from Hitachi...
Economic Times
ONGC in talks to acquire PDVSA stakes in two Venezuela oilfields
Oil and Natural Gas (ONGC) is in talks with Venezuela’s state-run oil company PDVSA to acquire all or part of its stakes in two oilfields in the South American nation, people familiar with the matter said...
Govt to sell up to 2% stake in IRFC via OFS; issue opens Wednesday
The government will launch its offer for sale (OFS) in Indian Railway Finance Corporation (IRFC) on Wednesday, opening the issue for non-retail investors as part of its ongoing disinvestment programme. Retail investors...
Sun Pharma adds Innovcare to its fold in Rs 271.2 crore all-cash transaction
Sun Pharmaceutical Industries Ltd will acquire Mumbai-based Innovcare Lifesciences Private Ltd for about $28.7 million (around Rs 271.2 crore) in an all-cash deal, as India’s largest drugmaker looks to strengthen...
Aurobindo Pharma US gets FTC nod for $250 million acquisition of Lannett Company
Aurobindo Pharma’s US subsidiary received U.S. Federal Trade Commission (FTC) approval to proceed with the acquisition of Lannett Company LLC in a deal valued at $250 million, the company announced on Monday. The...
Forever Global Enterprises acquires Dhampur Bio Organics’ Meerganj facility for INR 305 crores, marking entry into Uttar Pradesh’s sugar sector
Forever Global Enterprises Limited (FGEL) announced the successful completion of its acquisition of the Meerganj unit of Dhampur Bio Organics Limited (NSE: DBOL). The deal was made on a slump sale basis as a going...
Turkish competition board approves Uber acquisition of Getir delivery business
The Turkish Competition Board said on Friday it had approved Uber Technologies Inc.’s acquisition of the delivery arm of Turkey’s Getir from Emirati controlling shareholder Mubadala. “The commitment...
Wipro to buy 20% stake more in Aggne Global for $2 million
IT services major Wipro on Thursday said it will acquire an additional 20% stake in Aggne Global IT Services Private Limited for $2.1 million (about Rs 19.8 crore). Following the latest transaction, Wipro’s...
Waaree Renewable acquires 55% stake in Associated Power Structures for Rs 1,225 cr
Waaree Renewable Technologies on Thursday said it has acquired a 55 percent stake in Associated Power Structures Pvt Ltd (APSPL) for Rs 1,225 crore. According to a regulatory filing, the company has acquired 55 percent...
Accenture to take majority stake, acquire cybersecurity firms in $4.18 billion deal
Consultancy firm Accenture said on Thursday it will buy a majority stake in Dragos and fully acquire runZero and NetRise in a combined deal valued at $4.18 billion. Shares of the Dublin, Ireland-based company fell...
L’Oréal buys control of Innovist as India beauty battle intensifies
L’Oréal SA is acquiring a majority stake in Indian beauty startup Innovist, deepening its bet on one of the world’s fastest-growing personal care markets as global consumer companies race to secure high-growth digital...
Emirates NBD completes acquisition of RBL Bank
Emirates NBD has successfully completed the acquisition of a majority stake in RBL Bank Limited through a primary infusion of about $2.75 billion (Rs 26,000 crore), the two entities announced on Thursday. The...
