M&A
Bengaluru-based e-commerce roll up firm 10club has acquired three e-commerce firms - Kraftseeds, Gate Garden and Kriti Kalash - operating in the lawn and garden segment. The employees of all the three firms will join…
M&A
Willis Towers Watson, a global advisory, broking, and solutions company, is to acquire the remaining 51% stake from Anemone Holdings Pvt Ltd and Rohit Jain in Willis Towers Watson (WTW) India. WTW currently owns a 49%…
M&A
Oil and gas explorer ONGC and natural gas transmission and marketing company GAIL India have separately initiated talks with lenders of KKR-backed JBF Petrochemicals to explore the possibility of acquiring the…
M&A
As part of its plan to bring the aviation business under a common platform, the Tata Group is in talks to acquire the residual stake in Air Asia India. In December 2020, Tata Sons had increased its stake in AirAsia…
M&A
Chennai-based TVS Supply Chain Solutions (TVS SCS) has acquired a 69.1% stake in Bengaluru-based FIT 3PL Warehousing Private Ltd, from FIT Consulting and Services Pvt Ltd. Set up in 1997, FIT 3PL provides end-to-end…
M&A
New Delhi-based online travel platform EaseMyTrip has acquired Bengaluru-based hospitality management company Spree Hospitality. The target was founded in 2011 by Keshav Baljee, who is also the co-promoter of…
M&A
Osaka, Japan-based Kubota Corporation is to acquire an additional 5.9% stake in Faridabad-based, publicly listed tractor manufacturer Escorts Ltd for INR 1,873 crore. Escorts will allot 93.64 lakh equity shares through…
M&A
In one of the largest transactions in the API (Active Pharmaceutical Ingredient) space, Viyash Life Sciences Pvt Ltd - a pharma platform backed by global PE investor Carlyle Group - has acquired a controlling stake in…
M&A
Publicly listed ITC is likely to appoint bankers to explore demerger options for its IT Services business ITC Infotech. The IT Services unit is likely to be valued at INR 20,000-25,000 crore.
M&A
Swiss multinational commodity trading company Trafigura is preparing to sell its 24.5% indirect stake in Nayara Energy, a joint venture with Russia's Rosneft, to Italy-based Genera Group Holding SPA. Trafigura holds…
