Siemens acquires Mass-Tech Control’s EV Division
Siemens, a global leader in technology and engineering solutions, has recently announced its acquisition of Mass-Tech Controls’ Electric Vehicle division.
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M&A
Mergers and Acquisitions
Dalmia Cement to Acquire Jaiprakash Associates’ Cement Assets
Dalmia Cement (Bharat) Ltd. (DCBL), a 100% subsidiary of Dalmia Bharat, has signed definitive agreements for the acquisition of Jaiprakash
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JSW Energy Subsidiary Acquires Mytrah Energy’s 1,753 MW RE Assets
JSW Neo Energy Ltd., a 100% subsidiary of JSW Energy Ltd. has acquired Renewable Energy (RE) generation assets of 1,753
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Crompton Greaves – Butterfly Merger Announced
Fast Moving Electrical Goods (FMEG) manufacturer, Crompton Greaves Consumer Electricals Ltd. has announced its merger with Chennai-headquartered kitchen appliances manufacturer,
Read MoreCCI Clears Reliance Retail’s Purchase of Metro Cash and Carry India for 2,850 Cr.
Competition Commission of India (CCI) has cleared the purchase of Metro Cash and Carry India for Rs. 2,850 crore by
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Tata Steel to Amalgamate with Angul Energy, 7 Other Subsidiaries by FY24
Tata Steel, the Indian steel giant, will complete its merger with its eight downstream subsidiaries by the 2023-24 financial year.
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Vedanta is Succesful Bidder for Meenakshi Energy with 1,440 Cr. Bid
Vedanta Ltd., the Indian mining and energy giant, has emerged as the successful bidder for debt-laden Meenakshi Energy Ltd. with
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Adani Acquires Majority Stake in Ambuja and ACC for USD 6.50 Billion
Adani Group has completed the acquisition of 63.15% stake in Ambuja Cements and 56.69% stake in ACC. This deal is
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Ravicab Cables Acquires Leoni Cable Solutions India
Ravicab Cables Pvt. Ltd., a Bengaluru-based manufacturer of specialised cables and wires, has announced the acquisition of Leoni Cable Solutions
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Sembcorp to Sell SEIL to Oman’s Tanweer Infra. for Rs. 11,734 Crore
Singapore-headquartered energy and urban-development firm, Sembcorp Industries, will be selling its 100% share in Indian subsidiary, Sembcorp Energy India Ltd.
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