Bharat Forge acquires 35% stake in Tevva Motor
Bharat Forge has entered into an investment agreement with Tevva Motor, Bharat Forge International, UK and existing shareholders of Tevva. As per the agreement, Bharat...
Tag : acquires
PremjiInvest acquires 6% stake in Future Retail
Azim Premji’s investment arm, PremjiInvest has acquired 6% stake in Future Retail, from Bharti Group for approx Rs.600 crore. Bharti Group still holds approx 3% stake in Future...
IIFL’s subsiday acquires 4% stake in Lakshmi Vilas Bank
IIFL’s subsidiary India Infoline Investment Services, has acquired over 4% stake in Lakshmi Vilas Bank for Rs.106 crore, via an open market transaction. As per the bulk...
MCX acquires 24% stake in CCRL
MCX acquires 24% stake in the proposed CDSL Commodity Repository Ltd (CCRL). In a regulatory filing MCX stated, “We wish you to inform you that an...
IFFCO, IPL acquires 37% stake in JPMC
IFFCO and Indian Potash Ltd (IPL) have jointly bought 37% stake in Jordan Phosphate Mines Company (JPMC), which is Jordan’s largest mining and chemical firm, for...
Paytm acquires TicketNew for approx USD 40 million
Paytm has acquired TicketNew, an Alibaba backed ticketing firm for approx USD 40 million. Madhur Deora, Chief Financial Officer and Senior Vice President, Paytm stated,...
Sumitomo Corporation acquires 49% stake in Mukand Sumi Special Steel
Sumitomo Corporation has acquired 49% stake in Mukand’s joint venture company, Mukand Sumi Special Steel for Rs.1180.99 crore. The joint venture is involved in the business...
Dai-ichi Life acquires 39.62% stake in Union Asset Management Co.
Dai-ichi Life has acquired 39.62% stake in Union Asset Management Company, via investment in compulsorily convertible preference shares. However, the amount of cash consideration has not...
Vivimed Labs acquires Hungarian company, SONEAS
Vivimed Labs has acquired Hungarian company, SONEAS. The company in a release stated, Vivimed Labs Spain S.L, the parent of UQUIFA S.A, has signed definitive...
Walmart acquires 77% of Flipkart for USD 16 billion
Walmart will acquire 77% of Flipkart for USD 16 billion. The remaining stake will be held by some of Flipkart’s existing shareholders, including Flipkart co-founder Binny Bansal,...