Topic: Acquisition
Amendments in enhance business at GIFT City
The GIFT city, Gujarat International Finance Tech City is under construction. It is the first greenfield smart city in India. Today, the city is one of the major...
Hero Cycles acquires leading UK-based Avocet Sports
World’s largest bicycle manufacturer Hero Cycles acquired majority stake in UK-based Avocet Sports for an undisclosed amount. It is the first overseas acquisition of Hero Cycle with an aim to...
Mallinckrodt Pharma acquires Therakos for USD 1.3 billion from Gores Group
Mallinckrodt, a leader in biopharmaceutical has signed an agreement to buy a leading immunotherapy company Therakos Inc, from the global investment firm, Gores Group for approximately 1.325 billion US dollars. Significance...
Russia’s Rosneft to acquire 49% stake in Essar Oil
The Russia’s state owned Oil Company Rosneft signed strategic agreement with Shashi Ruia’s Essar Oil to acquire its 49 per cent. The two companies have also agreed exploration...
IndusInd Bank acquires RBS' bullion financing business for Rs 4,100 crore
IndusInd Bank has acquired the diamond and jewellery (bullion) financing business and related deposit portfolio of Royal Bank of Scotland (RBS) for 4,100 crore rupees on 28 July 2015. Britain’s...
Hero Motocorp to buy assets of bankrupt US Company
India’s largest two-wheeler manufacturer Hero Motocorp’s wholly owned subsidiaries in U.S is to buy certain tangible and intangible assets worth of USD 2.8 million of U.S based Erik Buell...
Teva to buy Allergan generic drug business for USD 40.5 billion
Israel’s largest drug maker Teva Pharmaceutical agreed to buy generic drugs business of Allergan Plc for USD 40.5 billion. According to the agreement Teva will make cash payment of USD 33.75...
Rajesh Exports buys Valcambi for Rs. 2560 crore
On 27 July 2015, a Bengaluru based gold Jewellery manufacturing company Rajesh Exports Ltd (REL) bought the world’s largest gold refining company Valcambi from US-based mining company Newmont...
