All that happened in the PE/VC and M&A space last week

2 months ago

Wipro Ltd and financial services firm Centrum Capital were involved in investment deals in the week gone by while Piramal Enterprises Ltd and Metropolis Healthcare struck M&A deals.

Wipro, India’s third-largest software exporter, made an undisclosed investment in San Francisco-based information technology company Tradeshift through its investment arm Wipro Ventures.

In another deal, Centrum Capital’s foreign exchange business unit, CentrumDirect, is raising capital from New York Life-backed private equity firm Jacob Ballas.

In M&A deals, Piramal Enterprises agreed to acquire a portfolio of drugs from UK-based Mallinckrodt LLC for $171 million with an additional $32 million payable depending on the performance of the assets over the next three years.

Japan’s JTEKT Corporation is buying its joint venture partner Sona Autocomp Holding from Sona Koyo Steering Systems Ltd for $62 million. The Japanese company also made an open offer to acquire a 26% stake in the auto-parts maker from public shareholders.

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


View Comments
JTEKT Corp to buy out Indian partner in Sona Koyo Steering

JTEKT Corp to buy out Indian partner in Sona Koyo Steering

Joseph Rai 2 months ago
Japan’s JTEKT Corp on Wednesday inked an agreement to buy out its Indian joint venture partner from auto component maker Sona Koyo Steering Systems Ltd...
ICICI Venture Exiting Metropolis Healthcare

ICICI Venture Exiting Metropolis Healthcare

Boby Kurian 7 years ago
ICICI Venture is exiting one of its early investments in Mumbai-based Metropolis Healthcare Ltd where it holds close to 25% stake. A process is currently...
Warburg Pincus Invests $85 M in Metropolis Healthcare

Warburg Pincus Invests $85 M in Metropolis Healthcare

TEAM VCC 7 years ago
Private equity major Warburg Pincus is investing $85 million (Rs 392 crore) in India’s largest diagnostic laboratories chain Metropolis Healthcare Limited paving a way for...
No Comments

All that happened in the PE/VC and M&A space last week

Powered by WordPress.com VIP