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Emami Group

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Emami Group in talks for fresh funding from another American investor

Consumer

09 April, 2020

Emami Group in talks for fresh funding from another American investor

The promoters of Kolkata-based Emami Group are in talks to rope in another American investor after bringing in Farallon Capital ......

Nirma inks $770-mn deal to acquire Emami Cement

Manufacturing

06 February, 2020

Nirma inks $770-mn deal to acquire Emami Cement

Nirma Group has signed a binding agreement to acquire the cement business of diversified conglomerate Emami Group for an enterprise ......

Grapevine: Nirma Group closes in on Emami cement; NIIF-Roadis to buy 2 Essel projects

General

20 January, 2020

Grapevine: Nirma Group closes in on Emami cement; NIIF-Roadis to buy 2 Essel projects

Nirma Group’s cement division has emerged as the front runner for Emami Group’s nine million tonne per year cement business ......

Grapevine: UltraTech, others bid for Emami cement assets; Macquarie may exit Soham

General

16 January, 2020

Grapevine: UltraTech, others bid for Emami cement assets; Macquarie may exit Soham

Emami Group’s cement assets received four binding offers from Aditya Birla flagship UltraTech, Nuvoco Vistas (formerly Nirma Cement), Ambuja Cements, ......

Grapevine: UltraTech front runner for Emami cement; ESAF Small Finance Bank may list

General

23 December, 2019

Grapevine: UltraTech front runner for Emami cement; ESAF Small Finance Bank may list

UltraTech Cement Ltd, India’s largest producer of the building material, has emerged as the front runner to buy Emami Group’s ......

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Emami Group kicks off process to sell pharmacy chain

Consumer

03 December, 2019

Emami Group kicks off process to sell pharmacy chain

Cosmetics-to-paper conglomerate Emami Group, which has been divesting its non-core assets, has started a process to sell its pharmacy chain ......

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Exclusive: PE-backed firm in talks to buy Emami's Bhubaneshwar hospital

Healthcare

13 November, 2019

Exclusive: PE-backed firm in talks to buy Emami's Bhubaneshwar hospital

Cosmetics-to-paper conglomerate Emami Group, which has been working on divesting its non-core assets, has reached an advanced stage of discussion ......

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Canada's Brookfield set to buy another renewable energy asset in India

Infrastructure

06 November, 2019

Canada's Brookfield set to buy another renewable energy asset in India

Canada's Brookfield is in advanced talks for its second direct renewables acquisition in six months, persons in the know told ......

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

General

16 October, 2019

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to buy road platform Highway Concessions One ......

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Mohan Goenka on how Emami plans to monetise non-core businesses

Consumer

25 June, 2019

Mohan Goenka on how Emami plans to monetise non-core businesses

Paring debt is currently the primary focus of the Emami Group, whose promoters offloaded a 10% stake in flagship company ......