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

Mergers & Acquisitions | 10 October 2012

JBM Group Buys JV Partner's Stake In TSNA

by Vivek Singh
JBM Group Buys JV Partner's Stake In TSNA
Share on Social Media Email Facebook Twitter Linkedin
 
@vivek
Auto Component- maker JBM Group has acquired the entire stake in its 50:50 JV - Thai Summit Neel Auto from its partner - Thai Summit Group, according to BS.

Post acquisition, TSNA will be renamed as Neel Auto Private Limited, under the JBM group.

The 50:50 JV, which was incorporated in 2003, supplies automotive components to two wheeler and three wheeler OEM in the country.

Chintalapati Holdings Exits And Others Cut Stake In MetLife

Chintalapati Holdings Exits And Others Cut Stake In MetLife

Chintalapati Holdings (4.01% stake), J&K Bank, IGE and M.Pallonji Group have slashed their stakes in MetLife India with the first mentioned exiting the company.

Read More...

Rajeswari Infra Seeks FDI For Chennai Project

Rajeswari Infra Seeks FDI For Chennai Project

Rajeswari Infrastructure is planning to raising $5 Mn in FDI for its new residential projects in Chennai - Trillium.

Read More...