19 Jun, 2013
The Leela Palace, Bengaluru
M&A
Aditi Technologies acquires cloud consulting startup Get Cloud Ready
May 17, 2013 | Rashi Varshney
This is the firm’s second major cloud consulting acquisition; Aditi acquired Cumulux in 2011.
Swiss giant Glencore sells entire stake in Tinna Viterra to JV partner
May 15, 2013 | Bhawna Gupta
The development came after Glencore completed its merger with Xstrata to form the world’s fourth biggest mining company and emerged as the biggest commodities trader.
Eureka Forbes to acquire majority stake in Switzerland-based Lux International
May 15, 2013 | Bhawna Gupta
The acquisition will help Eureka Forbes extend its footprint to over 40 countries with 25,000 employees.
Cloud firm 8KMiles buys FuGen for $7.5M; looking for more acquisitions in 2013
May 14, 2013 | Sainul K Abudheen
FuGen founder and CEO Lena Kannappan will join 8KMiles as COO.
Publishing services company MPS to acquire US-based content firm Element for $1.8M
May 13, 2013 | Bhawna Gupta
The acquisition will enhance MPS’ presence in the US educational publishing market.
Tata Power joins hands with Clean Energy and IFC InfraVentures to develop hydro projects in Georgia
May 10, 2013 | Bhawna Gupta
Tata Power and Clean Energy will hold 40% stake each in the project and the remaining 20% will be held by IFC InfraVentures.
Metropolis Healthcare acquires diagnostic labs in Nairobi, Guwahati
May 10, 2013 | Lohit Jagwani
In 2010, Metropolis got an investment of $85 million from Warburg Pincus.
Global Edge Software acquires Bangalore-based Dearborn Electronics
May 10, 2013 | Bhawna Gupta
As part of the deal, Srinivas Prasad and Anand Mutalik will continue to serve on Dearborn’s board as MD and CEO, respectively.
UK’s OCS Group takes minority stake in manpower guarding & security services firm CISS
May 09, 2013 | Rashi Varshney
This is the third investment by OCS in India in the past one year and the first where it has picked up a minority stake.
Servion Global Solutions acquires JAMS UK
May 09, 2013 | Bhawna Gupta
Servion was earlier backed by Sansar Capital.
Viceroy Hotels sells Chennai project to Ceebros for $88M
May 08, 2013 | TEAM VCC
Two years ago, the project was slated to be sold to two other buyers for Rs 500 crore in a deal which did not fructify.
Wipro to invest $30M in US-based Big Data firm Opera Solutions
May 08, 2013 | Bhawna Gupta
First investment by Wipro in CY13; last year, it acquired Australian firm Promax Applications for $37 million.
French stationery major BIC Group set to complete disputed stake buy in Cello
May 06, 2013 | Bhawna Gupta
BIC, which also has a call option to increase holding in various entities of Cello, was pulled into arbitration, as Cello sought to scrap the deal.
Jindal Poly Films to buy global BOPP business of ExxonMobil for $235M
May 03, 2013 | TEAM VCC
The deal will boost Jindal Poly Film’s capacity by a third to almost 0.5 million tonnes, making it one of the key players in the business globally.
UK-based Smith & Nephew to acquire Indian healthcare products maker Adler Mediequip
May 03, 2013 | Lohit Jagwani
The medical technology company will also acquire Sushrut Surgicals; the deal will help it enter the trauma product segment in the country.
Nexus Ventures scores another exit as Yahoo acquires to-do list mobile app Astrid
May 03, 2013 | Rashi Varshney
The venture capital firm, which raised its third fund late last year, has made over half a dozen exits.
Mcleod Russel to acquire Vietnamese tea processing unit for $2.8M
May 03, 2013 | Bhawna Gupta
This is the first acquisition by the Kolkata-based tea plantation company in over three years.
Axiata revives talks to invest in Tikona; deal could be worth $185M
May 03, 2013 | Vrishank Chandavarkar
The deal, expected to be closed within the next two quarters, won’t involve any part or full exit from existing private equity investors.
Bharti Airtel to acquire remaining 30% stake in Bangladesh’s Warid Telecom
May 02, 2013 | Bhawna Gupta
The company, which counts Singapore’s sovereign wealth fund Temasek as a shareholder, reported a sharp drop in earnings in Q4 ended March 31, 2013.
VLCC eyeing Saudi Arabia foray within a year through possible acquisition
May 02, 2013 | Vrishank Chandavarkar
VLCC reported Rs 700 crore in revenues and operating profit of Rs 100 crore during FY13.
Pages
JOBS
- Associate - Red Fort Capital Advisors Pvt Ltd
- The Private Equity Associate - Nereus Capital
RECENT COMMENTS
- 15 May 2013AMULYA DEonLAFARGE IS A VERY GOOD COMPANY AND GOOD NEWS FOR NEW PROJECT.
- 04 May 2013kartikonCamson Biotech is a good company. I have been tracking its performance for a long time. I was long hoping some PE...
- 04 May 2013VaradhaonSaurabh Very well said - I have always believed that investing is a very individual, lonely affair - so it is...
- 02 May 2013AnuragonPlantar technology? Interesting, never heard about this company.
UPCOMING EVENTSchinetwork