Adani Infra to buy 30% stake in construction firm PSP Projects in Rs 6.85 billion deal
Adani Infra, a subsidiary of Gautam Adani's flagship Adani Enterprises, will buy a 30.07% stake in construction firm PSP Projects for Rs 6.85 billion ($81.2 million), Reuters reported, citing a company announcement by the latter.
Max Healthcare acquires 64% stake in Jaypee Healthcare
Mumbai: Max Healthcare Institute Ltd.’s board has approved a strategic partnership with the Lakshdeep Group, promoters of Jaypee Healthcare Ltd. (JHL), by facilitating the repayment of JHL’s financial debts, media reports said.
GQG Partners raises stake in Patanjali Foods by 1.24% for Rs 835 cr
Mumbai: Billionaire Rajiv Jain-backed GQG Partners increased its stake in Patanjali Foods by acquiring a 1.24% holding from promoter group entity Patanjali Ayurved Ltd for approximately Rs 835 crore in an open market transaction on Friday, media reports said.
Edelweiss Alternatives backed platform acquires L&T Infrastructure Development Projects Ltd
Mumbai: Edelweiss Alternatives backed platform concludes acquisition of L&T Infrastructure Development Projects Limited (L&TIDPL)
CCI approves 7 proposals involving acquisition of shares across companies
New Delhi: In a slew of decisions, the Competition Commission of India (CCI) on Tuesday approved seven proposals that include acquisition of shares partly or 100 percent in transactions involving MG Motors, Max Life Insurance, Sharekhan Limited and others.
CCI approves 100% acquisition of Lanco Amarkantak Power by Adani Power
New Delhi: The Competition Commission of India (CCI) has approved the 100% acquisition of Lanco Amarkantak Power Limited by Adani Power Limited.
Adani Enterprises acquires France's Le Marche Duty Free SAS for 5,000 euros
Mumbai: Adani Enterprises on Wednesday said that its Dubai-based subsidiary, Ospree International FZCO, has purchased full ownership of France's Le Marche Duty Free SAS (LMDF) for 5,000 euros, media reported, citing a stock exchange filing.
Adani Power gets creditors' consent to acquire Lanco Amarkantak Power
Mumbai: Adani Power has obtained consent from creditors for its proposed acquisition of insolvent Lanco Amarkantak Power, the company said in a stock market filing.
Mubadala, Novo Holdings and CalPERS acquire minority stakes in Manipal Health Enterprises
Bangalore/Kolkata: Mubadala Investment Company (Mubadala), Novo Holdings and California Public Employees’ Retirement System (CalPERS) have acquired a minority stakes in Manipal Health Enterprises from Singapore-headquartered investment company Temasek.
CCI gives nod to JSW Group's acquisition of 38% stake in MG Motor India
New Delhi: The Competition Commission of India (CCI) has green-lit the proposed acquisition of up to 38 percent of MG Motor India by the JSW Group, led by Sajjan Jindal.
Haldiram's in talks to buy majority stake in Prataap Snacks: Report
India’s popular snacks company Haldiram's is in discussions to buy a majority stake in Prataap Snacks, media reports said.
Mumbai: Tata Consumer Products on Friday announced its acquisition of a complete 100% stake in Capital Foods, the company that sells products under the brands Ching’s Secret and Smith & Jones, according to an exchange filing.
CCI green lights Nirma Ltd's acquisition of Glenmark Life Sciences
New Delhi: The Competition Commission of India (CCI) on Tuesday gave its nod to Nirma Limited to acquire the majority shares of Glenmark Life Sciences Limited.
Varun Beverages to buy Pepsi India's bottler in South Africa
Varun Beverages, the Pepsi India bottler, on Tuesday announced its plans to acquire The Beverage Company, a South Africa-based entity, in a deal valued at 13.2 billion rupees ($158.71 million), media reports said.
Adani Group takes over news agency IANS
New Delhi: Adani Group has acquired a majority 50.50% stake in New Delhi-based news agency IANS India Pvt Ltd (IANS), according to a regulatory filing by the business conglomerate.