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M&A

News Roundup: FIPB Defers Decision on Telenor Stake

General

09 June, 2009

News Roundup: FIPB Defers Decision on Telenor Stake

Pantaloon to Raise Rs 1,000 Crore - Pantaloon Retail, the country’s largest retailer, today said it plans to raise as ......

ICICI Venture Sells RFCL's Animal Health Biz To Pfizer

Healthcare

08 June, 2009

ICICI Venture Sells RFCL's Animal Health Biz To Pfizer

ICICI Venture, one of India's largest private equity fund, and other shareholders have sold RFCL’s animal health unit, Vetnex, to ......

Germany's Lanxess to Buy Gwalior Chemicals Unit For Rs 536 Crore

Others

08 June, 2009

Germany's Lanxess to Buy Gwalior Chemicals Unit For Rs 536 Crore

German specialty chemical company Lanxess will acquire Gwalior Chemicals Industries Limited’s (GCIL) chemical business for Rs 536 crore. The two ......

News Roundup: Mauritian Cos to Invest Rs 2,000 Crore in Matrix Enport

General

08 June, 2009

News Roundup: Mauritian Cos to Invest Rs 2,000 Crore in Matrix Enport

Mauritian Cos to Invest Rs 2,000 Crore in Matrix Enport - Three Mauritius-based companies -Citrus Holdings, Lemonhills Holdings and Lemonstone ......

Grainger to Acquire India Joint Venture for $1.2 Million

General

06 June, 2009

Grainger to Acquire India Joint Venture for $1.2 Million

Grainger, North America’s distributor of facilities maintenance products has decided to acquire its Indian joint venture, Asia Pacific Brands India ......

Michelin Sells 3.3% In Apollo Tyres In Open Market

General

06 June, 2009

Michelin Sells 3.3% In Apollo Tyres In Open Market

Michelin has offloaded 3.3% in Delhi-based Apollo Tyres for around Rs 50 crore through open market sales. The French tyre ......

News Roundup: Akruti City to Raise $500 Million Via QIP

General

06 June, 2009

News Roundup: Akruti City to Raise $500 Million Via QIP

NTPC Ties Up Rs 22,000 Crore for FY10 - India’s biggest power utility company NTPC has lined up funding of ......

Gujarat NRE Coke to Takeover Australian Coal Exploration Co.

Others

05 June, 2009

Gujarat NRE Coke to Takeover Australian Coal Exploration Co.

Gujarat NRE Minerals (GNM), an Australian subsidiary of Gujarat NRE Coke, country’s largest met coke producer, is planning to make ......

Schneider To Acquire Venture Capital-backed Conzerv Systems

Infrastructure

05 June, 2009

Schneider To Acquire Venture Capital-backed Conzerv Systems

Schneider Electric, a French electrical equipment major, has acquired Bangalore-based Conzerv Systems. an energy management firm. Conzerv, formerly known as Enercon Systems, ......

News Roundup: Kingfisher Gets Rs 2,000 Crore Funding

General

05 June, 2009

News Roundup: Kingfisher Gets Rs 2,000 Crore Funding

Kingfisher Gets Rs 2,000 Crore Funding - Vijay Mallya-promoted Kingfisher Airlines has got crucial funding of Rs 2,000 crore from ......

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