M&A
Ahmedabad-based PVC pipes and plastic products maker Astral will acquire a majority 51% stake in Bangalore-based Gem Paints for INR 194 crore. (The operating paint business of Gem Paints is proposed to be demerged to a…
M&A
Nagpur-headquartered Winair Aviation is acquiring a 79% stake in debt-strapped TruJet (Turbo Megha Airways ) for INR 200 crore. TrueJet has signed a term sheet with WinAir on 26th April 2022. Winair expects that by…
M&A
The Indian government has approved selling its 51% stake in helicopter services provider Pawan Hans Ltd (PHL) along with transfer of management control for INR 211.14 crore to Star9 Mobility Private Ltd. PHL is a 51:49…
M&A
Publicly-listed automobile component company Varroc Engineering Limited (VEL) is to divest its 4-wheeler lighting systems operations in the Americas and Europe to Compagnie Plastic Omnium SE of France. The Euro 600…
M&A
Tatas-owned Air India has proposed to acquire the entire equity of no-frills carrier AirAsia India. It has sought approval from the Competition Commission of India to finalise the deal. Full service carrier Air India…
M&A
Credera, a global boutique consulting firm, has commenced its operations in India. The company is looking to grow, both organically and through more acquisitions. Credera's network is present in the US, Canada, Costa…
M&A
Multi-brand beauty and lifestyle e-commerce platform Nykaa and content-to-commerce unicorn Good Glamm Group are in a race to acquire MensXP, a seller of men's fashion, grooming and lifestyle products MensXP was…
M&A
Chennai-based unicorn debt marketplace CredAvenue has acquired a majority stake in Ahmedabad-based Corpository, a full-stack corporate credit underwriting company at a valuation of INR 100 crore. With this acquisition…
M&A
​​US-based e-commerce software platform Assembly has acquired Chennai-based data-as-a-services (DaaS) platform PipeCandy. PipeCandy analyzes complex data sets in the global retail market and delivers insights to…
M&A
Publicly listed, Mumbai-headquartered Marksans Pharma has acquired Dubai-based marketing and promotion company Access Healthcare for Medical Products for INR 27.1 crore in an all cash deal. The transaction will be…
