Mergers & Acquisitions

Vijay Mallya is planning to make a 10% preferential allotment in United Spirits to Diageo, BS.

Coromandel International has fully acquired Liberty Urvarak by buying 14.89% in the company and with this it has become its wholly-owned subsidiary.

Kingfa Sci & Tech, a Shangai Stock Echange listed plastic manufacturer is set to acquire controlling stake in Hydro S&S Industries- engineering plastics compounds producer in Chennai, ET states.

Former Chief Executive of Citigroup, Vikram Pandit plans to acquire 50% stake in JM Financial NBFC, states ET.

Software products developer - Aditi Technologies has acquired Hyderabad-based cloud operations consulting firm ‘Get Cloud Ready’ for an undisclosed amount, ET States.

Manipal Hospitals has invested growth capital in Ankur Healthcare, a speciality Centre, focused in delivering comprehensive services in the areas of Reproductive Medicine -IVF, Andrology and Men’s Health, IIFL stated.

8KMiles Software Services, a leading global cloud computing company has acquired FuGen Solutions for $7.5 Mn, BSE states.

Eveready Industries India Ltd. plans to exit tea processing business, BL states.

Uno Minda is looking to acquire companies in Europe and it is currently is talk with some European manufacturers of automobile components, ET states.