M&A
Publicly listed Suven Pharmaceuticals is to acquire fellow Hyderabad-based Casper Pharma Private Limited (CPPL) for USD 20.5 million (INR 155 crore). Incorporated in January 2016, CPPL is engaged in manufacturing and…
M&A
Singapore's Sembcorp Industries Ltd, Enfinity Global Inc and JSW Group have been shortlisted to acquire green energy producer Mytrah Energy India Pvt Ltd in a deal potentially worth around USD 2 billion in enterprise…
M&A
Mortgage lender HDFC will merge with fellow publicly-listed HDFC Bank. The share merger ratio has been fixed as 42 shares of HDFC Bank for 25 shares of HDFC. The proposed transaction will enable HDFC Bank to build its…
M&A
Digital house of brands The Good Glamm Group is in talks to acquire men's grooming products startup Ustraa in a cash and stock deal. Good Glamm Group has also held discussions with Bombay Shaving Company and The Man…
M&A
Two and three-wheeler maker TVS Motor Company has picked up a majority stake in UK-based EBCO which is engaged in the development and manufacture of e-bikes, for INR 11.6 crore (GBP 1,163,070). TVS Motor (Singapore)…
M&A
Noida-based GHCL has completed the divestment of its home textile business to Mumbai-headquartered Indo Count Industries, a manufacturer and exporter of home textiles, for INR 608. 30 crore. The completion of the…
M&A
Asian Paints is acquiring a majority stake in two Bangalore-based companies – White Teak and Weatherseal Fenestration. Both acquisitions will be made in a staggered manner over the next three years. In the case of…
M&A
Dr. Reddy's has entered into an agreement with Novartis to acquire the cardiovascular brand Cidmus in India for INR 456 crore (USD 61 million). Dr. Reddy's will be assigned and transferred the Cidmus trademark in India…
M&A
Managed accommodation provider Stanza Living has acquired enterprise Internet of Things (IoT) platform company Singularity Automation. The acquisition comes days after Stanza Living raised INR 425 crore in debt…
M&A
Bank of Baroda has acquired Union Bank's 21% stake in IndiaFirst Life Insurance Company (IFLlC) for more than INR 766 crore. The divestment, involving transfer of more than 13.93 crore shares at INR 55 each, was in…
