Buffalo Abrasives Inc located in Buffalo, New York, USA has been acquired by Sak Abrasives Inc, a wholly owned subsidiary of Sak Industries Private Ltd, according to reports . IC Universal Legal advised Sak Abrasives Inc led by the Chennai team of IC Universal Legal, comprising of senior partner Kav...

RiceTec AG through its Indian subsidiary (Savannah Seeds Private Limited) acquired the paddy seed business of Ganga Kaveri Seeds Private Limited, according to reports . “RiceTec Acquires Assets from Ganga Kaveri Seeds: RiceTec AG has announced the acquisition of the rice seed assets of Ganga Kaveri ...

Renewables company Avaada Energy Private Limited has taken investments from Development Finance Institutions (DFIs) - DEG from Germany and FMO from the Netherlands, as reported by VCCircle . Indian Law Partners advised Avaada Power and its promoters led by a team of ILP partners Gopika Pant and Vine...

“Online pharmacy company Medlife acquires Mumbai-based Medlabz: With this acquisition Medlife plans to consolidate its diagnostics business by integrating its technology platform and logistic strengths of both companies,” reported Yourstory . Samisti Legal LLP advised Medlife International Private L...

“True North to buy 51% stake in Max Bupa Health Insurance: Private equity firm True North will acquire a 51% stake in Max Bupa Health Insurance Company for Rs 511 crore ($72 million),” reported VCCircle . Khaitan & Co advised True North Managers LLP led by a team of partner Niren Patel , princi...

“Brookfield inks pact to acquire Leela hotels for $576 mn: Canadian investment firm Brookfield Asset Management Inc. has signed an agreement with debt-laden Hotel Leelaventure Ltd to acquire,” reported VCCircle . Veritas Legal advised Hotel Leelaventure Limited and its promoters led by a team of par...

At least seven law firms advised on the giant deal. “With the shared mobility concept gaining traction in India and other markets, South Korean automobile manufacturer Hyundai Motor Group on Tuesday announced an investment of $300 million in India’s biggest cab aggregator Ola Cabs, as part of a stra...

“Blackstone pips Baring, Hero Fincorp to buy Aadhar Housing Finance for Rs 2,700 crore: The company was looking at this deal to free up capital and use the fund to ease liquidity pressure on Dewan Housing Finance,” reported The Economic Times , whose sources pegged the acquisition amount at $378m. K...

“Minda to acquire telematics hardware biz from KPIT Engineering: Minda Industries Ltd has agreed to acquire the business related to telematics hardware products from KPIT Engineering Ltd” for Rs 25 crore (about $3.5 million), reported VCCircle . Khaitan & Co advised Minda Industries Limited led...

REDWOOD CITY, California: Informatica, the enterprise cloud data management leader, today announced it has acquired AllSight Inc., the Toronto startup and customer insights market innovator, to bring expanded business-user engagement to the Informatica Intelligent Data Platform, powered by the CLAIR...

“Tirumala buys Prabhat’s dairy business for Rs 1,700 crore: Tirumala Milk Products, south India’s second-largest player in the industry, has agreed to buy the dairy business of Navi Mumbai-based Prabhat for over Rs 1,700 crore, which will leave the latter to focus on its animal nutrition segment. Pr...

“Quadria-backed Strand Life to acquire Quest Diagnostics’ India business: Bengaluru-based Strand Life Sciences Pvt. Ltd has agreed to acquire the India medical diagnostics business of New York Stock Exchange-listed Quest Diagnostics Inc,” reported VCCircle . AZB & Partners advised Quest Diagnos...

“Shell Gas B.V., a subsidiary of Royal Dutch Shell plc, said on Monday that it has entered into an agreement with Total Gaz Electricité Holdings France to acquire its 26% equity in the Hazira LNG and Port in Gujarat. The company did not disclose financial details of the deal. The agreement is subjec...

“Singapore’s Symple Wellness acquires Mumbai Angels-backed AllizHealth: Singapore health-tech firm Symple Wellness Platform Pvt. Ltd, which operates under the Vivant brand, has acquired Pune-based wellness and health analytics platform AllizHealth,” reported VCCircle . AZB & Partners advised th...

“HNG ropes in new investor to pare debt: Debt-ridden Hindusthan National Glass & Industries (HNG), the country’s largest container glass maker, has roped in a new investor, Lotus One Investment Pte of Singapore,” reported Hindu Business Line . Lotus One is a Singapore-based SPV, making a strate...

“Aricent acquired by Altran Group in a $2Bn all-cash deal - ETtech: Aricent has 10,500 employees, of which 8,500 are located in India. It generated revenues of $687M for the twelve month period up to June 2017,” reported The Economic Times . HSA Advocates advised Altran led by a team of partners: Sh...

Link Legal team led by Partner Anuj Trivedi and Senior Associate Sanya Haider advised Kwang Yang Motor Co. Ltd, or Kymco on its entry into Indian market. KYMCO is one of the global leading powersports brands and pioneers the industry’s first smart energy bay. Twenty Two Motors is an electric scooter...

“Rajen Mariwala of Marico family acquires AIMS Impex: Eternis Fine Chemicals, a company founded by Rajen Mariwala of the Marico family, has acquired AIMS Impex for an undisclosed sum,” reported Mint . HSA Advocates advised Eternis Fine Chemicals led by a team of senior partner: partner Aparajit Bhat...

Vishakhapatnam Port Trust, Paradeep Port Trust, Jawahar Lal Nehru Port Trust and Deendayal Port Trust have in principle agreed to acquire 100% of the Government of India’s shares in Dredging Corporation of India Limited for a 73.47% of total shareholding. “Four major ports sign MoU to buy government...

“OLX buys VC-backed recruitment portal Aasaanjobs: Naspers-backed online classifieds OLX has acquired online hiring marketplace Aasaanjobs Pvt. Ltd for an undisclosed amount,” reported VCCircle . Veyrah Law advised Naspers - OLX Group led by a team of partner Ajay Joseph , and associates Anshul Pand...