Hindustan Unilever Limited (HUL) said it will acquire a 90.5% stake in direct-to-consumer beauty brand Minimalist for Rs 2,955 crore through secondary buyouts and primary infusion. The remaining 9.5% will be acquired...
Tata Motors restructuring CV business ahead of listing next fiscal
Tata Motors is restructuring its commercial vehicle (CV) business with set financial metrics for each of the eight sub-segments ahead of a planned public listing in the next financial year, said a senior company...
YouTuber MrBeast joins bid to acquire TikTok US amid 75-day deadline
YouTube and TikTok star MrBeast has joined a group of American investors seeking to buy TikTok’s US business, as the 75-day deadline ticks down for the social media platform to secure a non-Chinese owner or face a...
DeHaat acquires farm advisory platform AgriCentral
Agritech startup DeHaat has acquired farm advisory platform AgriCentral from Olam Agri through a business transfer agreement (BTA) in an all-cash deal, the companies said without disclosing the financial terms...
India saw $116 billion deals in 2024
India’s deal activity saw a robust improvement in calendar year 2024, which saw total deal value across mergers and acquisitions, private equity, IPOs and QIPs touching $116 billion, according to Grant...
CCI clears merger of nine pharma entities with Sequent Scientific
The Competition Commission on Tuesday cleared the proposed amalgamation of nine entities with pharmaceutical firm Sequent Scientific Ltd (SSL). “The proposed combination involves a series of inter-connected steps...
NDR InvIT acquires warehousing and industrial properties worth Rs 706 crore
NDR InvIT Trust, a prominent player in the infrastructure investment sector, has successfully acquired a Grade-A industrial and warehousing portfolio across markets like Surat, Hyderabad, Bengaluru, and Pune. This...
Reliance Consumer Products set to buy SIL’s brands to spice up play; plans to compete with HUL, Cremica & & Tata
Reliance Consumer Products (RCPL) is set to acquire packaged foods brand SIL, with a portfolio of products such as cooking pastes, jams, mayonnaise, baked beans and Chinese sauces, executives with direct knowledge of...
IDBI selloff picks up pace as suitors get data access
IDBI Bank’s potential suitors have been granted confidential data access to carry out due diligence on the lender after a 12-month hiatus, during which their applications underwent government scrutiny, said people...
NCLT ends Go First’s turbulent ride, steers co into liquidation
The bankruptcy court in Delhi on Monday admitted Go Airlines (India) Ltd, which runs Go First airline, into liquidation after the lenders failed to receive a viable revival plan for the company. The company has admitted...
Murugappa Group sets sights on fresh buyouts
The diversified Murugappa Group, which has turned around several distressed companies after acquisition, is open to more buyouts, Vellayan Subbiah, vice chairman of the group’s flagship firm, Tube Investments of...
Burmans’ Religare open offer to acquire additional 26% stake to start on Jan 27
Burmans’ Religare Enterprises’ open offer to acquire an additional 26 per cent stake from the open market would commence on January 27 following the regulatory approvals. Last month, the Reserve Bank...
