M&A
Publicly listed Tata Consumer Products, via its UK unit, has acquired a 23.3% stake in South Africa-based Joekels Tea Packers for the equivalent of INR 43.65 crore upfront (apart from an variable amount payable over…
M&A
Publicly listed, Coimbatore-headquartered Craftsman Automation Ltd is to acquire a 76% stake in Chennai-based DR Axion India Pvt Ltd (DRAIPL) - the Indian unit of South Korea-based DR Axion - for INR 375 crore…
M&A
TAFE, the Chennai-headquartered manufacturer of tractors and farm equipment, has acquired the India interior systems business of French global automotive supplier Faurecia for about INR 400 crore. A part of the Group…
M&A
Listed-education content provider S Chand and Company Ltd will sell its entire stake in Bengaluru-based, data sciences-focussed iNeuron Intelligence Pvt Ltd to Noida-based edtech unicorn Physicswallah for about INR 14…
M&A
Gurugram-based Eazy ERP Technologies Pvt Ltd, a Enterprise Resource Planning (ERP) solutions provider has merged, through a share swap deal, with Bengaluru-based Recibo Technologies Pvt Ltd to foray into Sales Force…
M&A
JK Cement, through JK Paints and Coatings, has acquired a controlling stake in Bhiwadi, NCR -based Acro Paints for INR 153 crore. Acro Paints is a manufacturer of architectural and high-performance paints and coatings…
M&A
Tata Communications (Netherlands) B.V., a wholly-owned subsidiary of publicly listed Tata Communications Limited, will acquire 100% equity stake of Switch Enterprises, LLC, US. It will also acquire the assets of the…
M&A
IDFC First Bank is to acquire Hyderabad-headquartered Vaya Finserv's entire microfinance loan portfolio for about INR 1,000 crore, in an effort to meet its priority sector loan (PSL) requirements. Vaya would remain a…
M&A
Infrastructure Leasing & Financial Services Ltd (IL&FS) has transferred two more road projects - Hazaribagh Ranchi Expressway and Thiruvananthapuram Road Development Company - to Roadstar Infra Investment Trust at an…
M&A
MSME-focused shadow lender Trucap Finance has bought out the retail MSME book of the Jalandhar-based EZ Capital in a share swap deal. The deal with EZ Capital involves taking over the INR 65-crore MSME retail book…
