Holcim hikes stake in Gujarat Ambuja Cements to 18.4 pc Swiss cement major Holcim upped its stake in Gujarat Ambuja Cements on Thursday, buying 50 million shares from the promoter group in two block deals. Holcim paid...
TV 18 buys Crisil MaketWire
TV 18 buys Crisil MaketWire Television Eighteen India (TV 18) today announced acquisition of Crisil MarketWire (CMW) from the rating agency Crisil for an undisclosed amount. Post acquisition— to be effected from...
Punjab Chemicals – Acquisition of SINTESIS QUIMICA, Argentina
Punjab Chemicals – Acquisition of SINTESIS QUIMICA, Argentina Punjab Chemicals & Crop Protection Ltd has informed BSE that the Company and SD Agchem (Europe) NV, a 100% subsidiary of the Company have entered...
Tatas mop up Rs 900 cr from TCS stake sale
Tatas mop up Rs 900 cr from TCS stake sale Tata Sons has raised about Rs 900 crore in a bulk deal on Tuesday that saw it selling 85 lakh shares of Tata Consultancy Services (TCS) at Rs 1,059 per share, representing 0.8%...
Temasek eyes big stake in RCL’s TowerCo
Temasek eyes big stake in RCL’s TowerCo Singapore’s state investment arm Temasek is in talks with Reliance Communications (RCL) to pick up equity in TowerCo, its proposed 100% subsidiary, which will hold all...
TV 18 acquires Crisil MarketWire
TV 18 acquires Crisil MarketWire Media company Television Eighteen India Ltd has announced the acquisition of all assets and staff of financial news agency Crisil MarketWire (CMW) from Crisil Ltd with effect from...
Rabobank arm in talks to buy stake in Canbank AMC
Rabobank arm in talks to buy stake in Canbank AMC The Rotterdam-based asset management firm, Robeco, is in talks with Canara Bank to acquire a stake in its asset management firm, Canbank Investment Management Services...
Warner Brothers close to buying 10% in GV Films
Warner Brothers close to buying 10% in GV Films US ENTERTAINMENT giant Warner Brothers is close to buying a 10% stake in Chennai-based GV Films for about Rs 300 crore in an attempt to get a foothold in India’s...
Merger of Siemens arm with Nokia gets EU nod
Merger of Siemens arm with Nokia gets EU nod EU antitrust regulators cleared the planned merger of Finnish telecommunications equipment maker Nokia and the network business of German conglomerate Siemens. After a market...
Holcim pays Rs 690 cr for 3.7% in Gujarat AmbujaHolcim pays Rs 690 cr for 3.7% in Gujarat Ambuja
Holcim pays Rs 690 cr for 3.7% in Gujarat Ambuja Holcim today bought another 3.7 per cent in Gujarat Ambuja Cement from its Indian promoters for Rs 690 crore. This translates into an enterprise value of $270 per tonne...
Reader’s Digest sold for $1.6bn
Reader’s Digest sold for $1.6bn Reader’s Digest Association, publisher of the pocket-sized magazine read by 80m people around the world, agreed to be bought by an investor group led by Ripplewood Holdings...
M&M in talks to acquire German co
M&M in talks to acquire German co Mahindra & Mahindra is in discussion with the promoters of Schoeneweiss & Co GmbH, a forging company based in Germany, to acquire a majority stake from the promoters...
