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Mergers & Acquisitions | 8 December 2011

Jasch Industries Acquires US Based Indev Gauging Systems

by Charmi Gutka
 
@charmi
@Jasch Limited has acquired US based Indev Gauging Systems Inc through its wholly owned subsidiary Jasch North America Co.

Formed in 1969, Indev is a web gauge measurement which measure important process variables such as thickness, weight and moisture content. It serves various industries including plastics, coatings, building products, non woven and textiles industries among others.

In early 1980s, Indev was acquired by Barbara-Coleman and later in 1991, The Numina Group acquired the company.

Natco Pharma Raises R67.4Cr Through QIP

Natco Pharma has raised R67.4Cr through a QIP issue of 3mn shares. The funds will be used to part finance it's expansion plans.

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Aditya Birla PE To Invest In CIBIL

Aditya Birla Private Equity is planning to acquire 10% stake in credit information services provider Credit Information Bureau (India) Limited (Cibil) for a consideration of INR 1200 Mn.

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