KKR & Co. Inc … said it has bought a majority [90%] stake in education services provider EuroKids International Pvt. Ltd from its existing investor consortium led by Gaja Capital. — Mint Pioneer Legal advised the seller, Gaja Capital , led by a team of partners Satish Kishanchandani , partner M...

Japan’s Fuji Electric Co., Ltd. on Thursday said it has entered into an agreement to acquire 100% stake in Consul Neowatt Power Solutions Pvt Ltd (CNPS), a maker of uninterruptible power supply (UPS) systems. Fuji is acquiring the company from private equity investor Peepul Capital, which owned the ...

After almost a year of negotiations, global e-commerce and technology giant Amazon.com is acquiring a 49 per cent stake in Future Coupons, the promoter entity of Future Retail. According to sources in the know, the size of the deal is between Rs 1,500 crore and Rs 2,000 crore. Through this transacti...

Adani Power … said it has received the Letter of Intent (LoI) to acquire the insolvent Korba West Power Company (KWPCL) after the latter’s Committee of Creditors (CoC) approved Adani’s resolution plan for KWPCL. — Business Standard The insolvency was approved on 24 June 2019. L&L Partners advis...

IIFL Wealth, the wealth management business of IIFL group, on Wednesday said that it has entered into a definitive agreement to acquire 100% equity shares of L&T Capital Markets Ltd (LTCM), a subsidiary of L&T Finance Holdings Ltd, which provides wealth management services for individual a...

The Hain Celestial Group, Inc. (Nasdaq: HAIN) …, a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life™, today announced that it has completed the strategic sale of Tilda®, a premium basmati ...

ProConnect Supply Chain Solutions Ltd., a third-party logistics (3PL) company and part of Redington Group, has acquired 90% stake in Auroma Logistics Pvt. Ltd. for a cash consideration of ₹45.67 crore. The Chennai-based ProConnect is currently servicing 12 industry verticals through a network of mor...

Billionaire BR Shetty’s Dubai-based group, owner of London-listed NMC Healthcare, has emerged as the highest bidder for debtridden SevenHills Hospital, multiple sources have confirmed to ET. Philanthropic initiative Reliance Foundation, investment bankers JM Financial, private equity player KKR and ...

Avalara Inc, a leading provider of tax compliance automation software for businesses of all sizes, … announced it has acquired the business of Portway International Inc., a Canadian company that provides customers with Harmonized System classifications and outsourced customs brokerage services. — Av...

EY India has acquired Mumbai-based C Centric, a provider of CRM solutions and services and will bring on board a team with experience in conceptualizing and implementing CRM solutions. With the acquisition the company will be able to offer solutions in on-premise CRM implementations, that include so...

JSA, Ikigai advise on co-working operator CoWrks’ acquisition of The UnCube, according to reports . Coworking operator CoWrks … announced the acquisition of The UnCube, which provides on-demand workspace solution… After the acquisition, CoWrks will rename the combined entity to CoWrks Go. At present...

Reliance Industries said its Reliance Industrial Investments & Holdings subsidiary has agreed to invest Rs 295.25 crore in Mumbai-based Fynd, in a deal that would see early backers Google, Venture Catalysts and Kae Capital exiting the retail-focused startup. In a filing with the Bombay Stock Ex...

Tata Global Beverages Ltd (TGBL) has entered into an agreement to acquire the branded tea business of Dhunseri Tea & Industries Ltd for about ₹101 crore. — Hindu Business Line Khaitan & Co advised Dhunseri Tea & Industries Limited led by a team of partner Haigreve Khaitan , partner An...

Ugam will join Merkle, a leading data-driven, technology-enabled, global performance marketing agency and part of Dentsu Aegis Network. With more than 1,800 employees in India, the United States, and Australia, Ugam represents one of the largest transactions in Merkle’s history. — The Economic Times...

Aditya Birla Fashion and Retail Ltd (ABFRL), which owns brands such as Louis Philippe, Peter England and Van Heusen, […] said it has acquired a 51% stake in Finesse International Design that retails bespoke ceremonial wear and contemporary apparel for men and women under the Shantanu and Nikhil bran...

Global Blockchain company Zebi on Wednesday announced the acquisition of Bengaluru-based start-up Element42 for an undisclosed sum. — Mint Ikigai Law advised Zebi led by a team of managing partner Anirudh Rastogi and associate Sarthak Doshi . King Stubb & Kasiva managing partner Jidesh Kuma and...

Bosch intends to sell its packaging machinery business based in Waiblingen to a newly incorporated entity managed by CVC Capital Partners (CVC), according to a press release. The corporate and its pharma and food units will remain intact. — FMCG Market News Khaitan & Co advised Robert Bosch Gmb...

Larsen & Toubro Infotech (LTI) has signed a definitive agreement to acquire Lymbyc, a specialist AI, machine learning, and advanced analytics company for an enterprise value of Rs 38 crore. The acquisition will help strengthen LTI’s digital and analytics offerings. — The Economic Times Khaitan ...

GMM Pfaudler, process equipment supplier to pharmaceutical and chemical industries, has acquired the Industrial Mixing Solutions Division of Sudarshan Chemical Industries, Pune, for ₹29 crore. The acquisition would enhance GMM Pfaudler’s industrial mixing business vertical by bringing in new product...

Malaysia’s state-run oil and gas company, Petroliam Nasional Bhd or Petronas on Monday said it has acquired Amplus Energy Solutions Pvt. Ltd, one of India’s largest rooftop solar power producers. — Mint L&L Partners advised Petroleum Nasional Berhad led by a core transaction team of senior part...