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Mergers & Acquisitions | 11 April 2012    2 Comment

Reliance Industries To Buy Stake In Kingfisher Airlines

by Charmi Gutka
 
@charmi
@Reliance_Industries_Li 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 has acquired additional 3.43% stake in Viceroy Hotels through open market transaction.

Read More...

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.

Read More...
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