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Mergers & Acquisitions | 2 April 2012

ABP May Buyout Star News' Stake In JV

by Charmi Gutka
ABP May Buyout Star News' Stake In JV
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ABP Private Limited is planning to buy out Star Group Limited’s stake in news television JV- Media Content and Communications Services India Private Limited.

Formed in 2003, MCCS is a 74:26 JV between ABP TV and STAR News Broadcasting. MCCS broadcasts three 24-hour news channels, STAR News in Hindi, STAR Ananda in Bengali and STAR Majha in Marathi.

India Agri Business Fund Invests R50Cr In Super Agri Seeds

India Agri Business Fund Invests R50Cr In Super Agri Seeds

India Agri Business Fund has invested R50Cr in Hyderabad-based Super Agri Seeds Pvt. Ltd. Super Agri Seeds will use the funds to finance its expansion and set up Research and development centres in Hyderabad and in Bangalore.

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Adani Welspun Exploration Seeks To Acquire Shale, Oil Sand Assets Overseas

Adani Welspun Exploration Seeks To Acquire Shale, Oil Sand Assets Overseas

Adani Welspun Explorations, a JV between Ahmedabad based Adani Group and Mumbai based Welspun Group, is planning to acquire shale and oil sands assets in the US and Canada.

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