News articles tagged Mergers And Acquisitions

FIPB nods restructuring of Holcim India

Holcim receives FIPB approval to merge operations in India, including ACC and Ambuja Cements, for streamlining its India business.

Xander to acquire Shriram’s IT SEZ for Rs 690 cr

Xander is poised to acquire 100% stake in an IT SEZ from Shriram Group for ₹690 Cr, having signed an initial agreement. The 2.5-million sq ft tech-park mostly leased.

Real Estate tops the PE chart in Feb.

Indian companies saw a 58% surge in PE investments in February 2012, reaching $922.7 million across 51 deals, with real estate leading the way.

Siva Group bought 13.9% Stake in Arihant Housing

Siva Group acquires 13.88% stake in Chennai-based Arihant Foundations and Housing

India’s FDI increases

India's FDI inflows reached $41.5 billion last year, a significant rise from previous decades. Outward investments also increased substantially.

Maharatna status for PSUs

The government is contemplating granting 'maharatna' status to major PSUs, enhancing their autonomy in strategic investments and mergers.

US-based hedge fund QVT Financial opposes Hirco’s restructuring

QVT Financial LP opposes Hirco Plc's merger proposal with Hiranandani group subsidiaries, stating it benefits Hiranandani at the expense of Hirco shareholders.

PwC acquires consulting firm ECS for Rs 42 crore

PwC India Acquires ECS for ₹38-42 Crore, Expands Business Operations

Investor angst takes its toll on Satyam

Satyam's planned entry into real estate sparks investor backlash, shares plummet 30% before deal is abandoned.

Real Estate PE Deals Higher Than Previous Year

Private Equity deals in Indian real estate and infrastructure reached $2.32 billion in H1 2008, a slight increase but with smaller deal sizes. Sluggish market conditions and funding challenges led developers to seek PE funding, with Red Fort Capital and others closing deals.

Indiabulls in Pounds 138m Aim Deal.

Indiabulls, a Mumbai-listed real estate giant, is set to acquire Aim-listed Dev Property Development in a £138 million all-share deal, marking the first such transaction of this scale financed entirely by Indian shares.