Agrocel Industries Pvt Ltd acquired 100% in Solaris Chemtech Industries Limited, an Avantha group company. AZB & Partners advised Agrocel Industries Pvt Ltd led by a team of partner Vaidhyanadhan Iyer , and associate Sneha Nagvekar . 2018-12-25 This deal has not been reported by any mainstream ...

Luxury hotel group Leeu Collection has taken a 10% stake in Alajmo SpA, the Italian family business established by brothers Massimiliano (Max) Alajmo, the world’s youngest three-star Michelin chef, and Raffaele (Raf), the company’s Chief Executive and maître des lieux. — Www.Incentivetravel.Co.Uk AZ...

The Kolkata bench of the National Company Law Tribunal (NCLT) … approved Liberty House’s resolution plan to acquire Adhunik Metaliks. The bench comprising Justice Jinan KR held that “the revival plan of the company in accordance with the approved resolution plan shall come into force with immediate ...

Bank of America Merrill Lynch (BofAML) and J M Financial Asset Reconstruction Company have together acquired up to 77 per cent of the total debt of cashstrapped SevenHills Healthcare, said two persons involved in the transaction. The purchase of the debt will give the consortium control over the two...

AT&T* today announced a new strategic alliance with Brookfield Infrastructure and its institutional partners (“Brookfield”) pursuant to which AT&T will transfer data center colocation operations and assets to Brookfield. Under Brookfield’s ownership, the business will continue to deliver c...

Private equity firm Warburg Pincus is setting up a joint venture with Lemon Tree Hotels Ltd that plans to invest as much as Rs 3,000 crore ($426 million) to develop full-service accommodation for students and young working professionals. — VCCircle AZB & Partners advised Warburg Pincus and Lemo...

The Ken, a subscription-based online news platform, said on Wednesday that it had raised $1.5 million (around Rs 10 crore) in a Series A funding round led by impact investor Omidyar Network. — VCCircle AZB & Partners advised Omidyar Network via ON Mauritius led by a team of partner Ashwath Rau ...

International Finance Corporation plans to invest $15 million (Rs 100 crore) in Aptus Value Housing Finance India Ltd, doubling its exposure to the mortgage lender. — VCCircle AZB & Partners advised International Finance Corporation IFC led by a team of partners Gautam Saha , and associates Pra...

Sale by Caledonia and Amber of approximately 32% equity shares of Marwadi Shares and Finance Limited. AZB & Partners advised Caledonia Investments PLC and Amber 2010 Limited, a wholly owned subsidiary of Caledonia, led by a team of partners Darshika Kothari and Divya Mundra , and associate Pank...

Rediffusion Dentsu Young & Rubicam Private Limited (“RDYRPL”) acquired 50% of the share capital of Sudler & Hennessey Private Limited. AZB & Partners advised Rediffusion Dentsu Young & Rubicam Private Limited (“RDYRPL”) led by a team of partners Rajendra Barot and Arvind Ramesh ,...

Acquisition by Ajit Balakrishnan and Diwan Arun Nanda of 40% of the equity share capital of Rediffusion Dentsu Young & Rubicam Private Limited (RDYRPL). AZB & Partners advised Rediffusion Dentsu Young & Rubicam Private Limited (RDYRPL) led by a team of partners Rajendra Barot and Arvi...

The employees of Bain Capital’s APMSE Software Services Private Limited were acquired by Powerschool India Private Limited. AZB & Partners advised Bain Capital led by a team of partners Ashwath Rau , Anu Tiwari , and associates John Adwet Raghav , Shriyani Dutta . 2018-12-11 This deal has not b...

Thomas Cook (India) Ltd. today said its board has approved corporate restructuring , subject to regulatory approvals, through composite scheme of arrangement and amalgamation, aimed at streamlining its businesses into four key verticals. — Bloombergquint AZB & Partners advised Thomas Cook (Indi...

Mahansaria Family Wednesday announced signing a pact with Swedish engineering company Trelleborg to set up a tyre manufacturing facility for two-wheelers in the country. The joint venture will be 76 per cent owned by the Mahansaria Family and the rest 24 per cent by Trelleborg, a release said. — The...

Private equity firm Kedaara Capital has acquired a Gurugram-based auto component firm - one of Asia’s largest aluminium die casting and piston makers - in a deal that ranks among the top five PE … — VCCircle The target was Sunbeam Auto Private Limited. AZB & Partners advised Kedaara Capital Fun...

(Reuters) - Johnson Controls International Plc (JCI.N) said on Tuesday it would sell its power solutions business, which makes car batteries, to investment firm Brookfield Business Partners L.P., in a cash deal valued at $13.2 billion. — Reuters AZB & Partners advised Johnson Controls Inc. led ...

KUALA LUMPUR/SINGAPORE - Malaysian sovereign wealth fund Khazanah Nasional is selling a 16 percent stake in IHH Healthcare Bhd to Japan’s Mitsui & Co Ltd for about $2 billion in cash, kicking off a restructuring of its portfolio under a new government. — Reuters AZB & Partners advised Mits...

“Honeywell International Inc.HON recently announced to have progressed with its portfolio transformation strategy, having declared spin-off dividends of shares of Resideo and completing the divestment of Garrett Motion Inc,” according to Nasdaq . AZB & Partners advised Honeywell International I...

Acquisition by NCR of 100% of the stock of StopLift Inc. (parent company of StopLift India) from its stakeholders and the minority stake held in StopLift India, resulting in a complete acquisition of the StopLift group. AZB & Partners advised NCR Corporation led by a team of partners Ashwin Ram...

“Elephant Capital, a private equity business focused on the Indian market and India-related opportunities. Operating from London and Delhi, it has invested in the iconic magazine for children, Amar Chitra Katha,” according to VCCircle and has divested its stake in September 2018, according to Elepha...