M&A
French dairy giant Lactalis is in talks to buy Kwality Dairy (now Kwality) in a fire sale as the company's creditors have failed to reach a timely agreement on its debt resolution, forcing the National Company Law…
M&A
Bangalore-based Medtech firm Healthium has acquired Coimbatore-based CareNow Medical Pvt Ltd, strengthening its product portfolio with patented and differentiated products in the advanced wound management and infection…
M&A
Food delivery platform Swiggy is in early talks to acquire hyperlocal delivery services startup Dunzo. If the deal goes through, it could help Swiggy stake a greater claim in the groceries and hyperlocal delivery…
M&A
Mumbai-based, publicly listed departmental store chain Shoppers Stop Ltd (SSL) has sold a controlling stake in Crossword Bookstores to owners of Agarwal Business House (ABH) for INR 41.6 crore. SSL will divest a 51%…
M&A
Mumbai-based, publicly listed Kotak Mahindra Bank is to sell 20 crore shares (constituting an 8.57% stake) in Gurugram-based Airtel Payments Bank Ltd (APBL), for about INR 294 crore to the latter's promoter firm Bharti…
M&A
Marking its first acquisition, "Thrasio-style" D2C brands focused GlobalBees has acquired New Delhi-based sustainable home care products company The Better Home. Launched in 2020, the target business is a D2C range of…
M&A
L&T Finance Holdings is in talks with financial services giant HSBC about the possible sale of L&T's mutual fund arm. L&T Finance wants to sell its mutual fund business to monetise non-core businesses. L&T's mutual…
M&A
Bangalore-based Indegene has acquired US-based Medical Marketing Economics (MME) for $10 million. MME is a pricing, reimbursement and market access services provider with experience in rare diseases, oncology, orphan…
M&A
IDBI Bank is to divest its entire stake of over 19% in Asset Reconstruction Company (India) Ltd (ARCIL). The board has approved the proposal for sale of IDBI Bank's entire holding of 6,23,23,800 fully paid-up equity…
M&A
Edtech startup Scaler Academy has acquired online coding platform Coding Elements for about USD 1 million (about INR 8 crore) in an all-cash deal. The Bengaluru-headquartered company had been in talks with Coding…
