Tata Steel To Sell Its Stake In SE Asian Operations To Chinese Group
Tata Steel’s TS Global Holdings has announced to sell the bulk of its interest in its South East Asian steel operations to a Chinese conglomerate,...
Tag : divest
Government Launches Offer For Sale In Order To Divest In Coal India
The government has announced to divest up to 9 per cent stake in Coal India, which is expected to accumulate around Rs. 14,000 crores at...
Bajaj Hindusthan to divest 17.51% stake in LPGCL
Bajaj Hindusthan Sugar proposes to divest its entire 17.51% stake in Lalitpur Power Generation Company Ltd (LPGCL), estimated to be worth Rs.1,100 crore. The company has...
Indiabulls to divest Chennai commercial assets to Blackstone
Indiabulls Real Estate has carried out a definitive agreement with Blackstone Group, to sell its commercial assets in Chennai for Rs.850 crore. In a BSE filing...
Zee Media to divest entire stake in Ez-Mall Online
Zee Media Corporation has given approval to sale of its entire stake in subsidiary company, Ez-Mall Online. The company’s board at its meeting held on June...
Legal & General Group to divest entire stake in IndiaFirst Life
UK’s Legal & General Group Plc (Legal & General), will divest its entire 26% stake in IndiaFirst Life Insurance to Warburg Pincus for Rs.710.54 crore. IndiaFirst...
Karnataka Bank to divest 8.26% stake in Universal Sompo
Karnataka Bank will divest 8.26% stake in Universal Sompo General Insurance to Dabur Investment Corporation and Sompo Japan. This transaction is awaiting approval from Insurance Regulatory and Development...
Strides Shasun to divest entire stake in Strides Chemicals
Strides Shasun’s board has given approval to a proposal for selling entire stake in Strides Chemicals, to Solara Active Pharma Sciences for Rs.131 crore. Strides Chemicals...
Amtek Auto to divest stake in JV company, SMI Amtek Crankshaft
Amtek Auto has singed a share purchase agreement (SPA) with Nippon Steel and Sumitomo Metal Corporation, to divest its stake in its joint venture (JV) company,...
Wipro divests stake in Airport IT for Rs.3.15 crore
Wipro has divested its stake in Wipro Airport IT, to Antariksh Softtech. Wipro Airport IT Services, is a joint venture between Wipro (74%) and Delhi International Airport...