022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Mergers & Acquisitions | 11 April 2012

Reliance Industries To Buy Stake In Kingfisher Airlines

by Charmi Gutka
Reliance Industries To Buy Stake In Kingfisher Airlines
Share on Social Media Email Facebook Twitter Linkedin
 
@Charmi
Reliance Industries is planning to acquire stake in debt-ridden Kingfisher Airlines Limited.

If the deal goes through Reliance would also get Mangalore Chemicals and Fertilizers Ltd, in which the UB group has a 30.44%.

Mangalore Chemicals is a fertilizer manufacturing company. It manufactures wide range of products that includes Urea, Di-Ammonium Phosphate, Muriate of Potash, Granulated Fertilizers, Micronutrients, Soil Conditioners and Specialty Fertilizers.

Rakesh Jhunjhunwala Acquires Additional Stake In Viceroy Hotels

Rakesh Jhunjhunwala Acquires Additional Stake In Viceroy Hotels

Rakesh Jhunjhunwala has acquired additional 3.43% stake in Viceroy Hotels through open market transaction.

Read More...

Aviva PLC, buys an additional 23 per cent in Indian venture

Aviva PLC, buys an additional 23 per cent in Indian venture

Aviva PLC, buys an additional 23 per cent stake in its Indian joint venture, Aviva Life Insurance Co. India Ltd., for about Rs 940 crore from Dabur Invest Corp. The transaction values Aviva Life at nearly Rs 4,087 crore. The deal was made in one of the foreign direct investment (FDI) proposals green-signaled by the government on7th March. Post the deal, Aviva Plc’s stake has reached to 49 per cent in the joint venture, the country's maximum permitted foreign direct investment limits.

Read More...
Subscribe
Enter your Email address
to receive all the news