M&A
General
Japan's Sumitomo Mitsui Buys 4.5% In Kotak Mahindra For $295M
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) will acquire a 4.5% stake in Kotak Mahindra Bank Ltd. The Tokyo-based bank will ......
Others
McCormick Buys 26% in Eastern Condiments For $35M
NYSE-listed McCormick & Company, Inc has acquired a 26% stake for approximately $35 million in Kerala-based Eastern Condiments Private Limited, ......
Healthcare
Alembic To De-merge Core Pharma Business
Alembic Limited has decided to de-merge its core pharmaceutical business into a 100% subsidiary company called Alembic Pharma Limited. As ......
Infrastructure
Birla Power Arm Eyes JV With US Firm In Solar Energy
The diversified Yash Birla Group is likely to sign a joint venture agreement with a US-based company to set up ......
Others
Essar Steel Acquires Steel Processor Servosteel
Essar Steel International BV, a subsidiary of Essar Steel Holdings Limited today announced that it has acquired Servosteel (Oakside Solutions ......
General
Honeywell Auto, Fresenius Kabi May Queue Up For Delisting
Honeywell Automation India Ltd and oncology drug maker Fresenius Kabi, formerly Dabur Pharma, may join the list of multi-national corporations ......
General
M&As Rule This Summer With 65 Deals In May
The brutal heat of Indian summer did not stop deal-makers from striking one of the highest numbers of transactions ever ......
TMT
Mobile VAS Firm IMImobile Close To Buying UK's WIN
Mobile value added services (VAS) company IMImobile is set to acquire UK-based mobile applications company WIN Plc at a valuation ......
TMT
GTL Infra, Reliance Infratel Agree To A Rs 50,000Cr Deal
ADAG Chairman Anil Ambani's Reliance Infratel (R-Infratel) and GTL Infrastructure have agreed to a Rs. 50,000 crore (US$ 11 billion) ......
Healthcare
GIC Singapore To Defer Rs 380Cr Infusion In Fortis
GIC Special Investments--the private equity arm of Singapore Government's GIC—has announced that it will defer its Rs 380-crore investment in ......
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