M&A
Bielefeld, Germany-based building products maker Schueco International KG has acquired a 75% stake in Bengaluru-based aluminium facade maker Alufit India Pvt Ltd. Both companies are privately owned family businesses…
M&A
Mumbai-based, IPO-bound Seven Islands Shipping Ltd (SISL), India's second-biggest private oil tanker shipping company, has ventured into the gas transportation business by acquiring a very large gas carrier (VLGC) for…
M&A
Bidders have submitted financial offers in the range of INR 2,600-3,000 crore for South East UP Power Transmission Company that is undergoing bankruptcy proceedings because of the financial troubles of its majority…
M&A
Singapore and Bangalore-based Capillary Technologies, a customer loyalty and engagement solutions provider, has acquired Minneapolis (US)-based customer experience (CX) company Persuade. This is Capillary''s first…
M&A
Palakkad (Kerala)-based third-party logistics firm Sitics Logistic Solutions has acquired Delhi-based cold chain and distribution startup Udgam Logistics. Founded by Shailendra Singh and Rahul Mathur, Udgam caters to…
M&A
Jindal Steel and Power Ltd (JSPL) expects to conclude the deal to sell its 96.42 % stake in its arm Jindal Power to a promoters-owned firm Worldone by this year end. More than 97% shareholders of the company have…
M&A
State-run NHPC has proposed to take over four private sector projects of 6,000 MW capacity allotted to Jindal Power, KSK Energy and Himagiri Hydro Energy in Arunachal Pradesh and Sikkim. It has informed the Power…
M&A
Reliance Industries Ltd (RIL) is set to make a USD 5.7 billion non-binding offer to acquire a controlling stake in T-Mobile Netherlands BV, the country's largest telecom operator. RIL is expected to make the offer…
M&A
New Delhi-based, publicly listed agrochemical firm Best Agrolife Ltd has acquired 100% of fellow New Delhi-based Best Crop Science Pvt Ltd for INR 101.6 crore in a stock deal. The buy-out will support Best Agrolife's…
M&A
The government's ambitious INR 6 trillion monetization programme will be kicked off by leasing out more than 2,229 km of gas pipelines of GAIL (India) Ltd to the private sector. The government has already begun…
