M&A
Publicly-listed Emami Limited has acquired "Dermicool", one of the leading brands in Prickly Heat Powder and Cool Talc category from FMCG MNC Reckitt for INR 432 crore excluding taxes & duties. The acquisition is…
M&A
Cocoblu Retail is going to take over the fashion, apparel and accessories business of Amazon's largest seller Cloudtail, which is going to shut down in about a month's time. Amazon will not hold any equity in Cocoblu…
M&A
Adani Wilmar Ltd (AWL) has acquired a rice-processing unit in Burdwan in West Bengal. The company intends to work closely with farmers in the state to promote locally grown rice varieties. AWL had reportedly collected…
M&A
Edelweiss Financial Services Ltd has in the second tranche, transferred the remaining 9% of the stake held by the company in Gallagher Insurance Brokers Pvt Ltd (GIBPL - earlier known as Edelweiss Gallagher Insurance…
M&A
Publicly listed Jubilant Foodworks Ltd has exercised its call option for acquiring the remaining 10% equity stake in Jubilant Golden Harvest Ltd (JGHL) from Golden Harvest. Accordingly, JFL will acquire the complete…
M&A
Publicly-listed Infosys is to acquire oddity, a Germany-based digital marketing, experience, and commerce agency for up to EUR 50 million (about USD 55 million), including earn-out, management Incentives and bonuses…
M&A
Edelweiss Wealth Management (EWM), a non-bank wealth management firm, will list its shares in stock exchanges by December or latest by January 2023. The listing will happen through the demerger of EWM from EWM holding…
M&A
Hindustan Unilever Ltd is in talks with Mahashian Di Hatti Pvt. Ltd (MDH) to buy a majority stake in the maker of MDH Spices. MDH could be valued between INR 10,000 crore and INR 15,000 crore, given its pan-India…
M&A
Cygnet Infotech is acquiring a majority stake in fellow Ahmedabad-based Glib.ai, a startup in the artificial intelligence (AI) segment that helps businesses achieve last-mile automation. Cygnet Infotech and Glib…
M&A
Battrixx, a manufacturer of lithium-ion battery packs for e-vehicles, has acquired a 100% stake in Pune-based Varos Technology Pvt. Ltd. To create synergy between Battrixx's products and services, Varos Technology will…
