M&A
Manufacturing
UltraTech gets CCI nod for Binani Cement bid; Dalmia Bharat retorts
UltraTech Cement Ltd on Wednesday said that it has obtained the Competition Commission of India's approval for its $1.1 billion ......
TMT
Hinduja Global to acquire US-based AxisPoint Health for $14 mn
A US subsidiary of business process management company Hinduja Global Solutions Ltd has agreed to acquire population health management company ......
Healthcare
Fortis to merge hospital biz with TPG-backed Manipal to create top healthcare firm
Fortis Healthcare Ltd said its board has approved selling its hospital business to private equity firm TPG Capital-backed Manipal Health ......
Manufacturing
Reliance Industries to sell more US shale assets for $100 mn
Reliance Industries Ltd has decided to divest some more shale assets in the US, its second such sale within six ......
Healthcare
GSK to assess shareholding in Indian subsidiary after $13 bn Novartis buyout
GlaxoSmithKline is buying Novartis out of their consumer healthcare joint venture for $13 billion, taking full control of products including ......
Healthcare
Fortis gets acquisition bid from TPG-backed Manipal Health
Fortis Healthcare Ltd has received an unsolicited non-binding acquisition proposal from Manipal Health Enterprises Pvt. Ltd, backed by private equity ......
Manufacturing
Auto-components maker Precision Camshafts acquires German firm MFT
Auto-components maker Precision Camshafts Ltd has acquired a 76% stake in Germany-based precision machinist MFT Motoren und Fahrzeugtechnik GmbH in ......
Manufacturing
Finnish firm Huhtamaki to acquire Ajanta Packaging for $15.5 mn
The Indian unit of Finnish packaging company Huhtamaki will acquire Ajanta Packaging (India) for Rs 100.3 crore ($15.5 million) in ......
TMT
Uber sells Southeast Asia business to SoftBank-backed Grab
Ride-hailing firm Uber Technologies Inc. has decided to sell its Southeast Asian business to regional rival Grab, its second exit ......
TMT
JioMusic to merge with Tiger Global-backed streaming rival Saavn; VCs to part-exit
Billionaire Mukesh Ambani-led Reliance Industries Ltd announced late on Friday that it would merge its music streaming service JioMusic with ......
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