M&A
TMT
Wipro puts in $5M to pick up minority stake in machine-to-machine applications firm Axeda
Global IT services major Wipro Ltd has invested $5 million to pick up a minority stake in US-based Axeda Corporation, ......
TMT
Canada's internet conglomerate Valnet acquires online luxury magazine BornRich
Shimla-based online luxury magazine BornRich has been acquired by Canada’s internet conglomerate Valnet Inc. for an undisclosed amount, according to a company statement.“It’s a ......
Consumer
Tilaknagar Industries sells subsidiary Shivprabha Sugars; inks pact with Mohan Breweries for 2 brands
Indian made foreign liquor (IMFL) manufacturer Tilaknagar Industries Ltd (TIL) has sold its entire stake in Solapur-based sugar manufacturing arm ......
Manufacturing
Aditya Birla Chemicals buys Avantha Group firm Solaris ChemTech's chlor-alkali biz for $27M
Aditya Birla Chemicals (India) Ltd (ABCIL) has acquired the chlor-alkali & phosphoric acid division (CA&P division) of Solaris ChemTech Industries ......
Manufacturing
Aditya Birla Group, Coal India among suitors for $3.2B Rio Tinto's coal assets
Aditya Birla Group, Coal India Ltd and China's state-owned Shenhua Group Corp Ltd are among companies considering bids for some ......
General
Sumitomo cuts Barclays stake with $400M sale
Japan's Sumitomo Mitsui Banking Corp (SMBC) has sold a 260 million pound ($400 million) stake in Barclays, about half its ......
Healthcare
Sun Pharma in talks to buy Swedish drug-maker Meda for $5-6B
Sun Pharmaceutical Industries Ltd is in talks to buy Swedish drugmaker Meda AB for $5 billion-$6 billion to boost its ......
General
For Indian IT firms, redefined cross-border M&A goals critical for enterprise value
Cross-border M&A is nothing new for the Indian IT services industry. The difference between cross-border M&A of the past and ......
Infrastructure
Mining Associates acquires Australian firm Mitchell Drilling's oil & gas services business in India
West Bengal-based Mining Associates Pvt Ltd has acquired the oil and gas services business of the Australian firm Mitchell Drilling ......
Infrastructure
TVS Logistics acquires US-based Wainwright Industries for $8.9M
Third-party logistics service provider TVS Logistics Services Ltd has acquired US-based Wainwright Industries Inc, a firm which provides metal stamping, ......
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