Commodities
Manufacturing
Solvay hikes stake in Rhodia Specialty Chemicals to 91.3%
Brussels-based Solvay group has acquired an additional 18.39 per cent stake in Mumbai-based Rhodia Specialty Chemicals India Ltd for Rs ......
Manufacturing
Essar Steel raises $1B through ECB to reduce debt
Ruia family-controlled Essar Steel Ltd has raised $1 billion (Rs 5,990 crore) through external commercial borrowing (ECB) to de-risk its ......
Manufacturing
Warburg Pincus to lead $600M investment in Africa-focused oil & gas firm floated by Rahul Dhir
Private equity major Warburg Pincus is leading an investment of up to $600 million in Africa-focused oil & gas explorer ......
Manufacturing
Apollo Tyres to buy NYSE-listed Cooper Tire for $2.5B in year's largest M&A deal
Apollo Tyres Ltd has said it will acquire New York Stock Exchange-listed Cooper Tire & Rubber Company for $2.5 billion ......
Manufacturing
Turkey's Trakya buys 50% in HNG Float Glass for $60M; IFC exits with 3.3x returns
Turkish glass maker Trakya Cam Sanayii A.S. has bought 50 per cent stake in Kolkata-based HNG Float Glass Ltd (HNGFL), ......
Manufacturing
Oaktree Capital picks majority stake in pharma packaging firm Cogent Glass
Oaktree Capital Management, a Los Angeles-based investment firm, has acquired a majority stake in Cogent Glass Ltd, a Hyderabad-based pharmaceutical ......
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 ......
Manufacturing
Welspun Corp to buy back Apollo Global's stake in steel unit; splitting non-pipe businesses into separate listed firm
Apollo Global-backed Welspun Corp Ltd is splitting its steel, oil & gas exploration, energy and infrastructure businesses into a separate ......
Manufacturing
Apollo Tyres selling part of South Africa business to Sumitomo Rubber for $60M
Apollo Tyres Ltd, a manufacturer of automotive tubes, tires and rubber products, has entered into a definitive agreement to sell ......
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