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

Capital Market | 15 October 2012

IL&FS Financial Buys Pledged Shares: Hikes Stake In Era Infra

by Paritosh Gajjar
IL&FS Financial Buys Pledged Shares: Hikes Stake In Era Infra
Share on Social Media Email Facebook Twitter Linkedin
 
@Paritosh
IL&FS Financial Services Limited, in a BSE filing, said that it has acquired over 1.5 Cr shares of Era Infra Engineering Limited through a pledge creation.

IL&FS is a non-promoting entity and it held 6.6% stake. The acquisition increases its holding to 14.86% and the total shares held reaches 2.7 Cr.

Era Infra's stock price was around R137-138 during the pledge creation.

ONGC Plans Stake Acquisition In Athabasca Oil Sands

ONGC Plans Stake Acquisition In Athabasca Oil Sands

Oil Exploration Company – ONGC is planning to buy 10% stake in Athabasca Oil Sands Project in Canada from Marathon Oil, according to BS.

Read More...

Warburg Pincus, General Atlantic To Acquire Majority Stake In Sharekhan

Warburg Pincus, General Atlantic To Acquire Majority Stake In Sharekhan

After five months of negotiations and competitive bidding, the global PE funds Warburg Pincus and General Atlantic, emerge as the frontrunner to buy a majority stake in brokerage and financial services firm, Sharekhan at a deal valued between R2,000- 2,400 Cr.

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