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Actavis acquires Grandix manufacturing plant Actavis Group, an international generic pharmaceuticals company has acquired the three-year-old manufacturing factory of Chennai-based Grandix Pharma for an undisclosed sum...

Cross-border M&A activity set to accelerate Cross border merger and acquisition activity in the information technology sector is poised to accelerate. Significantly, one may watch out for a really large global...

Shamrao Vithal to buy Bangalore-based co-op bank Shamrao Vithal Co-operative Bank (SVCB) will acquire Bangalore Central Co-operative Bank (Souvardha) Ltd. The deal, which may cost about Rs 150 crore, is likely to be...

How Indian firms finance their overseas M&As Most people would not think of United Phosphorus when discussing mergers and acquisitions. Yet, this Punjab-based exporter of agrochemicals has emerged as a star player...

Vodafone confirms its plans to acquire Hutch It’s finally happened. Vodafone has finally confirmed that it is planning to jump into the fray for acquiring Hutch Essar, along with Reliance. "The board of...

ITC, Marubeni ink deal for food biz Japanese trading house Marubeni today announced a tie-up with ITC for food business including exports of Indian beans. According to a release issued by Marubeni, the two companies...

India has 1.3% of global M&A deals The value of merger and acquisition activity in India rose to $9.5 billion this year from $5.37 billion in 2005, nearly doubling its share in the global M&A deals to 1.30 per...

Shree Rajasthan Syntex – Updates on Scheme of Amalgamation Shree Rajasthan Syntex Ltd has informed BSE that as per the Scheme of Amalgamation between Shree Rajasthan Texchem Ltd and the Company, the Company shall...

Reliance Life to invest $63.2mn in GeneMedix Mukesh Ambani’s Reliance Life Sciences is planning to invest £32.2 million ($63.2 million) in UK bio-pharmaceutical company GeneMedix Plc. According to a release...

Govt to completely exit from Maruti Government on Thursday decided to completely exit auto major Maruti through sale of its residual 10.27 per cent stake, which at current market price is expected to fetch the exchequer...

WNS plans acquisitions & new verticals WNS, the Mumbai-based Business Process Outsourcing services, is looking at adding new service offerings and acquisitions in the near future. WNS is one of the first BPO...

EIH Associated – Hon’ble High Courts, Madras & Calcutta sanctions Scheme of Amalgamation EIH Associated Hotels Ltd has informed BSE that the Madras High Court and the Calcutta High Court have sanctioned...