M&A
General
Moody's ups open offer price to hike stake in ICRA, may cost up to $108M
International credit rating agency Moody’s has revised its conditional open offer price to raise its holding in ICRA from 28.5 ......
Consumer
United Breweries to acquire Pacific Spirits' brewery assets for $18M
United Breweries Ltd, the country's largest brewing company, is acquiring the brewery assets of Pacific Spirits Pvt Ltd for Rs ......
TMT
Times Internet acquires majority stake in CouponDunia
Times Internet Ltd has acquired majority stake in Mumbai- based CouponDunia Media Pvt Ltd, which runs online coupon service , ......
TMT
Ebix acquires online medical advisory network HealthcareMagic in $18.5M cash-cum-earn out deal
Ebix Inc, an international supplier of on-demand software and e-commerce services to the insurance, finance and healthcare industries, has acquired ......
Manufacturing
Motherson Sumi to acquire Stoneridge's wiring harness biz for $66M
Motherson Sumi Systems Ltd (MSSL), the country's largest auto component maker and the flagship company of $5.4 billion Samvardhana Motherson ......
General
Prior RBI nod required for M&As related to NBFCs
The central bank has said merger & acquisitions (M&As) involving non-banking finance companies (NBFCs) would need its prior written permission, ......
Consumer
Diageo gets SEBI nod to go ahead with open offer to buy up to 26% more in United Spirits
Diageo Plc, the world’s-largest spirits maker by revenue, has obtained approval from the capital markets regulator Securities and Exchange Board ......
Healthcare
Andhra HC lifts stay on Sun Pharma-Ranbaxy merger
The Andhra Pradesh High Court has vacated its stay order on the proposed merger of Ranbaxy Laboratories Ltd with Sun ......
General
NRI businessman BR Shetty, others to acquire foreign exchange firm Travelex from Apax
India-born entrepreneur Dr BR Shetty, along with equity partners of UAE-based investment firm Centurion Investments, has agreed to acquire foreign ......
Healthcare
SeQuent acquiring assets and business of Arvee Synthesis
Bangalore-based SeQuent Scientific Limited has entered into a definite agreement to acquire the manufacturing assets and business of Arvee Synthesis ......
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