M&A
Nasdaq-listed renewable power firm ReNew is to sell a 300 MW solar project in Rajasthan - ReNew Solar Urja Pvt Ltd (RSUPL) - to India Grid Trust for USD 199 million. After the transfer of the outstanding debt to the…
M&A
Steel Strips Wheels Ltd (SSWL) will invest INR 138 crore in AMW Autocomponent Ltd (AACL) as part of an insolvency resolution plan. This decision was taken after the Ahmedabad Bench of the National Company Law Tribunal…
M&A
Avenue Capital-backed Asset Reconstruction Company of India (Arcil) has acquired nearly INR 1,100 crore in small-ticket loans from RBL Bank and Bandhan Bank in two separate transactions.RBL Bank sold small business…
M&A
Brookfield and Everstone-backed IndoStar Capital Finance has sold INR 292 crore worth of stressed asset portfolio to Encore Asset Reconstruction Company (ARC) in a deal which involved a senior-junior arrangement…
M&A
Proptech firm Blox has acquired a controlling stake in real estate brokerage firm Justo . Both firms are based in Mumbai.Established in 2020, Blox is a real estate service provider that claims to ensure seamless…
M&A
Publicly-listed B2B electronic products manufacturing company Amber Enterprises has acquired a 60% stake in Hosur-headquartered Ascent Circuits Pvt Ltd for cash. The acquisition has been effected through ILJIN…
M&A
Publicly listed Dr. Reddy's Labs has acquired the MenoLabs business, a women's health and dietary supplement branded portfolio, from Amyris, through Chapter 11 bankruptcy proceeding in the US Bankruptcy Court for USD 3…
M&A
State-owned Power Grid Corporation has acquired two special purpose vehicles (SPVs) - Neemrana II Bareilly Transmission and Bikaner III Neemrana Transmission - from PFC Consulting for implementation of electricity…
M&A
Tata Power Company has acquired a 100% equity stake in Bikaner III Neemrana II Transmission, a special purpose vehicle (SPV) meant for the project, for INR 18.6 crore. The special purpose vehicle, formed in June 2023…
M&A
Publicly listed drugmaker Sun Pharmaceutical Industries has acquired 100% shares of Libra Merger Ltd, a company incorporated in July 2023 in Israel's Tel Aviv.
