M&A
Pune-based Ventive Hospitality , a listed hospitality joint venture between Panchshil Realty and Blackstone, is in talks to acquire two to three large luxury hotels in India. The firm is currently evaluating properties…
M&A
Mumbai-headquartered holiday-home operator StayVista plans to acquire profitable alternative accommodation businesses and expand into resorts, weddings, and corporate events. The company, which is backed by JSW…
M&A
NCR-based, publicly listed Mankind Pharma is to acquire a 70% stake in Belgium-based Armed Cell Therapeutics for Euro 48-M (INR 511-Cr). The acquisition will be executed through the company’s Netherlands-based…
M&A
Publicly listed, Gautam Budh Nagar, UP-based Hero Motors plans to increase its stake in Berkshire, UK-based Hewland Engineering from 51% to 90%. The company will acquire an additional 39% stake from existing…
M&A
Publicly listed, Mumbai-based Aegis Logistics is to acquire an 89.8% stake in Dubai-based Tristar Holdings for USD 809 million (in equity value). The transaction is being conducted through Aegis Logistics International…
M&A
State-run railway engineering company Ircon International has initiated the process to monetise four highway assets as part of the government’s infrastructure monetisation program. Axis Capital has been appointed as…
M&A
Publicly-listed Dr Lal PathLabs has acquired the remaining 30% equity stake in Indore, Madhya Pradesh-based Centrapath Labs , at a price of INR 1,608.35 per share. Post transaction, Centrapath has become a wholly owned…
M&A
Japan’s largest bank, Mitsubishi UFJ Financial Group is exploring a transaction to acquire majority control of Mumbai-based Shriram Finance . The potential deal could exceed USD 10 Billion.Founded in 1979, Shriram…
M&A
Publicly listed Lord's Mark Industries Limited has acquired fellow Mumbai-based, specialized electrical manufacturing and engineering firm, Radio Electric Private Limited, for INR 4.5 Cr in an all cash…
M&A
Chennai- and San Mateo, CA (USA)-based, Nasdaq-listed customer relationship management (CRM) software company Freshworks is to acquire New York-based Torii , a SaaS management platform.Founded in 2017, Torii provides…
