M&A
Consumer
Spanish firm Ebro Foods buying Olam's Indian rice mill unit for $14.5M
Madrid-based rice and pasta manufacturer Ebro Foods S.A. is sealing a deal to acquire Olam International Ltd-owned Indian firm Taraori ......
Education
Pearson buys Educomp's 50% stake in vocational education JV IndiaCan
Pearson Plc, the world’s largest education service provider and one of the leading media groups, has acquired Educomp ......
Manufacturing
Dabbagh Group to buy Gulf Oil in Saudi Arabian lubricant venture
Saudi Arabian family firm Dabbagh Group is in the advanced stages of buying out its Indian partner's stake in a ......
TMT
TCS to acquire French IT firm Alti for $97.5M
Tata Consultancy Services Ltd (TCS), part of the Tata Group, has signed definitive agreements to acquire French IT services company ......
Consumer
Mahindra Holidays acquires 49% stake in Dubai-based Arabian Dreams Hotel Apartments
Mahindra Holidays and Resorts India Ltd (MHRIL), a vacation ownership company and the hospitality arm of Mahindra Group, has acquired ......
Consumer
Qatar's Hassad Food buys majority stake in Bush Foods; StanChart PE to exit at 3x
Qatar-based Hassad Food has acquired an undisclosed majority stake in Standard Chartered Private Equity-backed Bush Foods Overseas Pvt Ltd, a ......
Infrastructure
Etihad's Jet stake buy seen delayed until Aug
Etihad Airways' purchase of a stake in Jet Airways could be delayed until at least August as the Abu Dhabi ......
General
Manulife, HDFC Life in race for HSBC's stake in life insurance JV
Canada's Manulife Financial Corp and the Indian affiliate of Standard Life plc are among the suitors to place first-round bids ......
Consumer
France's Vilmorin buys remaining 39% stake in Bisco Bio Sciences for $25.4M
French agri products firm Vilmorin & Cie, which produces and markets vegetable and crop seeds, has acquired the remaining 39 ......
TMT
Myntra acquires US-based virtual fitting room creator Fitiquette
Bangalore-based Myntra Designs Pvt Ltd, which runs the lifestyle e-commerce site Myntra.com, has closed its second acquisition within weeks by ......
