Bankrupt infrastructure conglomerate IL&FS Group is preparing to sell its entire residual stake in Roadstar Infra Investment Trust (InvIT) as part of its protracted debt resolution plans, said people familiar with...
Novo Holdings in talks to buy into Surya Hospitals
Novo Holdings, a 142 billion euro investment firm that controls drug maker Novo Nordisk, has entered into exclusive talks to acquire a 49% stake in Mumbai-based Surya Hospitals, said people familiar with the matter. A...
Creador to buy 7% stake in pharma company La Renon
Kuala Lumpur-based private equity firm Creador is set to acquire about 7% stake in domestic pharmaceutical company La Renon Healthcare for ₹800 crore, according to people aware of the development. The transaction values...
Marico to acquire remaining 46% stake in True Elements
Home-grown FMCG products maker Marico has announced the acquisition of the remaining 46.02% shares of HW Wellness Solutions, which owns the True Elements brand. This will be done for a consideration of “up to Rs...
Apollo Hospitals to acquire 31 pc stake held by IFC in arm Apollo Health & Lifestyle for Rs 1,254 cr
Healthcare chain Apollo Hospitals Enterprise Ltd on Friday said it will acquire 31 per cent stake held by International Finance Corporation in its arm Apollo Health and Lifestyle Ltd for Rs 1,254.07 crore. The...
Tega Industries and Apollo Funds to buy Molycop for $1.5 bn
Tega Industries has agreed to acquire control of Omaha-based mining equipment maker Molycop at an enterprise valuation of $1.5 billion. The Kolkata-based manufacturer of mining and mineral processing gears will acquire...
Cupid announces strategic investment in fragrance brand Mansam
Healthcare products manufacturer Cupid Ltd on Thursday announced that it has signed a term sheet to acquire a strategic stake in Saudi Arabia-based fragrance brand Mansam. The investment is done through a fund structure...
Dr Reddy’s inks pact with Johnson & Johnson to acquire vertigo treatment brand
Dr Reddy’s Laboratories on Thursday announced the completion of a definitive transaction with Johnson & Johnson to acquire the Stugeron brand across the EMEA regions, with India and Vietnam as key markets...
IDBI Bank moves NCLT with fresh insolvency plea against Zee Entertainment
IDBI Bank has filed a fresh plea in the National Company Law Tribunal (NCLT) seeking insolvency against media and entertainment firm ZEE. In its petition at the Mumbai bench of NCLT, IDBI Bank, claiming to be a...
Minute Media acquires video editing software startup VideoVerse
Minute Media, a global sports publishing and ad technology platform, has acquired Alpha Wave Global-backed video editing software startup VideoVerse, the company said on Tuesday. With this acquisition, Minute Media...
Permira, Blackstone take $525 million minority stake in Dubai’s Property Finder
Permira and Blackstone Inc are acquiring a $525 million minority stake in Dubai-based classifieds firm Property Finder, according to a joint statement on Tuesday, in a sign of continued investor appetite in the...
Bain Capital drops Whirlpool of India plan, EQT lone contender for stake buy
Buyout group Bain Capital has dropped out of the two-horse race for acquiring a 31% controlling stake in Whirlpool of India, the listed local arm of the US appliances giant. This leaves EQT as the sole contender for the...
