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Mergers & Acquisitions | 30 November 2012

Mitsubishi Pencil Likely To Hike Stake In Linc Pens

by Charmi Gutka
Mitsubishi Pencil Likely To Hike Stake In Linc Pens
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Japanese pencil maker, Mitsubishi Pencil, has divulged interest to increase stake in Linc Pen & Plastics Limited.

It had bought 13.5% stake in the company for R20 Cr earlier in March this year to enhance presence and combine technology and marketing strategies of both the firms.

L Capital And Multiples PE To Infuse Funds In PVR For Cinemax Acquisition

L Capital And Multiples PE To Infuse Funds In PVR For Cinemax Acquisition

Existing investor in PVR, L Capital and Renuka Ramnath led Multiples PE are set to infuse fresh funds in PVR Cinemas along with promoter Ajay Bijli in PVR to fund the acquisition of Cinemax.The deal involves buying promoter, Kanakia group’s 69.27% stake in Cinemax for a consideration ...

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Online Antiques Store Phantom Hands Secures Angel Investment

Online Antiques Store Phantom Hands Secures Angel Investment

Phantom Hands, a year old startup selling antiques online, has secured angel investment from a group of four angels including Google India head Rajan Anandan, Rehan Khan, head of a pharma company, Ravi Shah, director of Mumbai-based design firm Mind’s Eye Creative, and Amit Malik, a London-based psychiatrist.

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