Geometric to buy European engg design co Geometric Software Solutions, a Mumbai-based software services company, is acquiring an engineering design services company in Europe. Total enterprise value of the acquisition...
Mandvi Co-op to merge with Saraswat Bank
Mandvi Co-op to merge with Saraswat Bank Mandvi Co-operative Bank Ltd, with a large Gujarati clientele, is to merge with India’s largest co-operative bank, Saraswat Co-operative Bank Ltd. "It is for the first...
Corus buy: Tatas may go for leveraged buyout
Corus buy: Tatas may go for leveraged buyout Tata Steel is likely to follow in the footsteps of Tata Tea. India’s largest private steel company is mulling a leveraged buyout (LBO) of Corus, where it will raise...
Govt supports Tata’s bid to buy UK based co
Govt supports Tata’s bid to buy UK based co India is fully supportive of Tata Steel’s bid to take over UK-based steel giant Corus, Industry and Commerce Minister Kamal Nath has said. Asked about his response...
India Inc in full bloom, ties up JVs with British corporates
India Inc in full bloom, ties up JVs with British corporates Even as business leaders from UK and India gathered for a day-long series of meetings across sectors, a number of deals and collaboration agreements were...
Qatar body may buy into NTPC project
Qatar body may buy into NTPC project NTPC has offered the Qatar Investment Board a 40% stake in the gas-fired Kayamkulam power project in Kerala, . An NTPC official said that an MoU has been sent to Qatar and that they...
Japan’s Hitachi to buy Clarion for $465 million
Japan’s Hitachi to buy Clarion for $465 million Japan’s Hitachi Ltd. (6501.T: Quote, NEWS, Research) said it would spend up to $465 million to acquire car electronics maker Clarion Co. Ltd. (6796.T: Quote...
Saraswat set to acquire Mandvi Co-op Bank
Saraswat set to acquire Mandvi Co-op Bank The country’s largest cooperative bank, Saraswat Cooperative Bank, will take over Mumbai-based Mandvi Cooperative Bank. This is the second major acquisition by Saraswat...
Visaka to merge with Shakti Roofings
Visaka to merge with Shakti Roofings The shareholders of Visaka Industries Ltd (VIL) have approved the proposed merger of Shakti Roofings Pvt Ltd with the company at the Court convened general meeting held on Saturday...
Zavata merges with Accordis
Zavata merges with Accordis Zavata Inc, previously known as Integreo, on Monday announced the merger of Accordis Inc, a business office services provider for hospitals and emergency transport agencies, with the former...
Wipro`s acquisition tempo intact
Wipro`s acquisition tempo intact Wipro Technologies, which has acquired as many as eight companies since December last year for amounts ranging from $20 million to $56 million, will continue to acquire companies at the...
Acquisition deal talk energises Wanbury
Acquisition deal talk energises Wanbury Mumbai-based pharma company Wanbury Ltd is close to finalising its overseas acquisition as per stock market buzz. The company’s stock has appreciated by almost 38 per cent...
