The Competition Commission of India (CCI) on Tuesday approved the acquisition of certain issued and paid-up equity share capital of Haldiram Snacks Food Private Limited by Alpha Wave Ventures II LP and Alpha Wave IHC...
Adani, Vedanta, Dalmia, JSPL among six bidders for Jaypee Associates
Jaiprakash Associates Ltd. (JAL), the debt-laden infrastructure and real estate company, has drawn six resolution plans from suitors including Adani Group, Vedanta, JSPL (Naveen Jindal), Suraksha Group, Dalmia Bharat...
South Korean game company Krafton to acquire Japan’s ADK for $516 million
South Korean game company Krafton Inc said on Tuesday it had agreed to buy Japan’s advertising and animation group ADK for 75 billion yen ($516.21 million). Krafton, the developer and publisher of the blockbuster...
CCI clears Manipal Group’s stake purchase in Aakash, Bain Capital’s deal with Manappuram Finance
The Competition Commission of India (CCI) on Tuesday said it has cleared three proposals, including Bain Capital’s stake acquisition in Manappuram Finance and Manappuram Asset Finance, and Ranjan Pai-led Manipal Group’s...
Nuvoco Vistas completes Rs 1800 cr Vadraj cement acquistion
Nirma Group’s Nuvoco Vistas Corp has made the Rs 1800 crore payment to lenders led by Punjab National Bank (PNB) and Union Bank of India completing its acquisition of the debt-ridden Vadraj Cement. The money was...
Unilever to acquire men’s personal care brand Dr Squatch
Dr. Squatch has reached millions of people through its retail and direct-to-consumer model with natural, high-performance personal care products including natural soaps and body washes, deodorants, hair care, skin care...
Advent to buy equipment maker Spectris for $5.9 billion in Britain’s biggest takeover this year
Private equity firm Advent will acquire Britain’s Spectris in a deal valued at 4.4 billion pounds ($5.91 billion), including debt, the companies said on Monday. Spectris, which makes scientific instruments, was...
Starbucks says it is not currently considering a full sale of its China operations
U.S. cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it obtained the information...
India Cements to sell its subsidiary Industrial Chemicals
India Cements Ltd (ICL), owned by the Aditya Birla group, on Saturday said it will sell its subsidiary Industrial Chemicals and Monomers to Mirai Sensing. The board of the company has approved the sale with a...
JSW Energy to bid for Raigarh Champa Rail Infra as NCLAT allows fresh bidding
National Company Law Appellate Tribunal quashed a Hyderabad bench NCLT order that denied permission to the lenders of debt-ridden Raigarh Champa Rail Infrastructure to start a fresh bidding process. This is a relief for...
Snap Inc acquires social calendar app Saturn to deepen Gen Z engagement
Snap Inc. has acquired Saturn, a social calendar app used by high school students across the US, the company confirmed on Friday. While financial terms of the deal were not disclosed, the app will continue to operate...
Nuvoco Vistas completes Rs 1800 cr Vadraj cement acquistion
Nirma Group’s Nuvoco Vistas Corp has made the Rs 1800 crore payment to lenders led by Punjab National Bank (PNB) and Union Bank of India completing its acquisition of the debt-ridden Vadraj Cement. The money was...
