| Log in

Hike, womenwear maker ‘W’ in top deals this week

20 August, 2016

This week’s highlight was messaging app Hike receiving an investment of $175 million in its Series D round from investors led by WeChat parent Tencent and Taiwanese contract electronics manufacturer Foxconn. 

Another major deal was a $140 million investment by US private equity firm TA Associates into TCNS Clothing Company Ltd, which runs ‘W’ brand of stores for womenwear.

Of the 12 M&A deals, the biggest ones included a $150 million investment by China’s Tidfore Heavy Equipment group into steel company Uttam Galva Metallics and the acquisition of Ash Stevens Inc, a US-based pharmaceutical contract manufacturer, by Piramal Enterprises for up to a $52.95 million.

Like this report? Sign up for our daily newsletter to get our top reports.


Leave Your Comment
Tribunal rejects Macquarie Bank’s suit against Uttam Galva unit

Tribunal rejects Macquarie Bank’s suit against Uttam Galva unit

Maulik Vyas 1 year ago
The National Company Law Tribunal has dismissed a money recovery suit filed by...
China's Tidfore to invest up to $150 mn in Miglanis' owned Uttam Galva Metallics

China’s Tidfore to invest up to $150 mn in Miglanis’ owned Uttam Galva Metallics

PTI 2 years ago
Uttam Group today said it has signed an investment agreement of up to USD 150...
Arcelor Mittal Buys Stake In Uttam Galva

Arcelor Mittal Buys Stake In Uttam Galva

Pallavi S 9 years ago
The world’s largest steel maker ArcelorMittal owned by London-based NRI...
No Comments

Hike, womenwear maker ‘W’ in top deals this week

Powered by WordPress.com VIP