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Mergers and Acquisitions
Allcargo Global to expand, acquires Hong Kong-based firm
MUMBAI: Logistics firm Allcargo Global Logistics Ltd has acquired business rights and controlling stake in a Hong Kong-based company engaged in non-vessel operating common carrier services (NVOCC) business in China and other parts of eastern regions. The acquisition would further strengthen the com...Sahara India Pariwar in talks to buy Hollywoo...
BOSTON/NEW DELHI: Diversified business house Sahara India Pariwar is in talks to acquire Hollywood-based film production and distribution major Metro-Goldwyn-Mayer (MGM) Inc. Though details on the Sahara-MGM deal were not available, media ...Anjani Fabrics ties up with Balhanuman Fabric...
NEW DELHI: Anjani Fabrics Ltd has decided to buy one processing unit of Balhanuman Fabrics Pvt. Ltd. This acquisition will boost Anjani Fabrics’ production capacity by 20 Lac meter per month (approx 24 million meter per annum) in addition to it...Confidence Petroleum acquires Sneha Petroleum
NEW DELHI: Nagpur-based petro marketing major Confidence Petroleum India Ltd takes over Bangalore-based Sneha Petroleum. With this acquisition, Confidence Petroleum India Limited foresee a bright future having captured the independent established mar...Ruia acquires German tyre firm, eyes more
Kolkata-based Ruia Group has added another German company to its portfolio by acquiring solid tyre and auto component maker Gumasol-Werke and is eying a few more in the auto or infrastructure sectors. "It is a 25-million Euro company. This is an ass...Godrej completes acquisition of LatAm hair-ca...
FMCG major Godrej Consumer Products Ltd today said it has completed the acquisition of Argentinian hair care company Argencos for an undisclosed amount, its second buyout in Latin America within two months. In a filing to the Bombay Stock Exchange (...India Inc's M&A deal tally hits $25 bn in Apr...
Driven by Reliance Infratel's $10.86 billion merger deal with GTL Infrastructure, the total value of merger and acquisition deals in the country jumped nine-fold to USD 24.8 billion in the second quarter of 2010. According to a monthly report ...India Business News
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