M&A
State-owned Punjab National Bank (PNB) has put up Madhya Pradesh-based steel and agriculture company National Steel & Agro Industries for sale to recover its outstanding of INR 199.90 crore to the bank. The lender has…
M&A
Tata Chemicals Ltd is in talks to buy the battery materials business of London-based Johnson Matthey. The deal will help group company Tata Motors expand its range of electric vehicles and secure a cost advantage over…
M&A
Mumbai-based, publicly listed Sanofi India Ltd is to divest its topical antimicrobial brand Soframycin and other products to Encube Ethicals, a maker of prescription and OTC skin care products, for INR 125 crore…
M&A
Gaya, Bihar-based Save Solutions, which offers financial products via kiosk banking across India, has acquired Noida-based New Habitat Housing Finance Ltd (NHHFDL), a part of the Wave Group, for INR 74 crore. Save…
M&A
Warburg Pincus-backed Parksons Packaging has acquired fellow Mumbai-based Manohar Packaging, a specialist in alcobev packaging. The deal size is estimated at INR 200-250 crore. The combined entity will have revenue of…
M&A
Publicly-listed Kirloskar Ferrous Industries Ltd (KFIL) is to acquire a 51.25% stake in fellow Pune-based listed entity Indian Seamless Metal Tubes (ISMT) Ltd, for INR 476.63 crore. It will subscribe to 15.4 crore…
M&A
Austin, TX (US)-based Baxter Planning has acquired Irving, TX (US)- and Pune-based Entercoms' supply chain technology business unit. LegaLogic Consulting advised Entercoms India while Veritas Legal acted as legal…
M&A
Noida-based telemedicine company AkosMD has acquired a 72% stake in New Delhi-based medicine delivery startup mChemist Global. mChemist delivers medicines, healthcare supplements, daily wellness aids, herbal…
M&A
The Salarpuria Sattva Group has incorporated a company which will take over the entire consumer electronics business of New Delhi-based Cloudtail, currently the largest seller on Amazon's marketplace in India. The new…
M&A
Mumbai-based, publicly listed Ipca Labs has acquired 26.6% of the paid-up share capital of Ankleshwar, Gujarat-based, listed pharmaceutical company Lyka Labs Ltd, and is to enter into a joint management control…
