Emami to buy 30% stake in Helios Lifestyle
Emami will buy 30% stake in Helios Lifestyle. Helios Lifestyle owns male grooming brand The Man Company. The amount of the deal was not disclosed. According...
Tag : stake
IDBI Bank to divest stake in NSDL
Industrial Development Bank of India (IDBI), has received approval from its board of directors to sale 7% of its stake in National Securities Depository Limited (NSDL). In...
Sequoia Capital divests stake in Just Dial
Sequoia Capital has sold 1.03 million shares of Just Dial on Monday, thereby bringing down its stake in Just dial from 5.17% to 2.18%. According to...
Tata Steel to acquire 74% stake in BPPL
Tata Steel will be acquiring 74% stake in Bhubaneshwar Power Private Ltd (BPPL),from JL Power Ventures Private Ltd for Rs.255 crore. This acquisition will help Tata...
Allahabad Bank proposes to divest stake in Sompo Insurance
Allahabad Bank has a medium term target to sell its 30% holdings, in Universal Sompo General Insurance. This will be done with a view to sell...
M&M to increase stake in its financial services arm
Mahindra & Mahindra will increase stake in its financial services arm, Mahindra & Mahindra Financial Services Ltd (MMFSL) to 53.25%. It will purchase 2.5 crore shares for...
RIL divests stake in Marcellus Shale
Reliance Industries (RIL) has divested its stake in one of the 3 shale gas assets in the US, to BKV Chelsea for USD 126 million. As per...
ONGC acquires 15% stake in Namibia offshore block
ONGC’s overseas investment arm, ONGC Videsh Ltd (OVL) has acquired 15% stake in Namibia’s offshore Block 2012A from Tullow Oil. OVL performed the deal through its subsidiary, ONGC...
SSG Capital acquires 34.42% stake in Cox and Kings arm
SSG Capital Management, a private equity firm has acquired 34.42% stake in Cox and Kings subsidiary, Prometheon Holdings (UK) Ltd. Prometheon is the holding company...
LIC increases stake in Indiabulls Housing Finance
Life Insurance Corporation (LIC) has increased its stake in Indiabulls Housing Finance by 2.03%, as it has bought 86.75 lakh shares in the open market....