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Mergers & Acquisitions | 10 April 2012

Aditya Birla May Acquire 26% In Living Media

by Irfan Khan
 
@irfan
Aditya Birla Group is planning to acquire 26% stake in @Living2174 Limited, which owns the India Today group of publications.

Living Media owns 57.1% in @TV_Today, the listed company that owns the group’s broadcasting assets.

New Delhi based Living Media has interests in magazines, newspapers, books, radio, television, printing and the Internet. It brands include India Today, Business Today and clutch of licensed magazines such as Cosmopolitan, Good Housekeeping, Men’s Health, Harper’s Bazaar, Travel Plus and Harvard Business Review, among others.

EnerSys Acquires 50.5% In Energy Leader Batteries

US based EnerSys has acquired 50.5% stake in Hyderabad-based Energy Leader Batteries India Private Limited, a VRLA battery manufacturer through its Singapore subsidiary - EnerSys Reserve Power Pte. Ltd.

Read More...

Nexus Venture Buys Stake In Startup Function Space

Pune based education startup Function Space has raised an undisclosed amount of funding in seed round from Nexus India Capital to strengthen its existing content and also increase its current userbase.

Read More...
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