Electron acquires 40% stake in SIML, holding rises to 60%Total consideration for acquiring 74 per cent stake in SIML would be around Rs 20 cr.
PVR-Cinemax merger offers arbitrage opportunities for existing PVR investorsThe proposed merger of multiplex chain operator Cinemax with PVR has opened up an arbitrage opportunity for existing PVR investors.
PVR-Cinemax merger gets board approvalMultiplex chain operator PVR Ltd today said its board has approved the merger of Cinemax India and a wholly-owned subsidiary with the compa...
- Actis to buy Halonix's lighting biz
Actis will buy out the loss-making, general-lighting business of Noida-based Halonix, a firm in which it owns majority stake, leaving the p...
- Cadbury does not accept 30% premium for share price
Cadbury India has informed the Bombay High Court that the 30 per cent premium recommended by the court-appointed valuer Ernst & Young on sh...
- Investors relieved as HC appoints valuers for Cadbury shares
In a relief to over 8,000 investors, the Bombay High Court has appointed Ernst & Young as independent valuers to evaluate shares of Cadbury...