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MERGERS AND ACQUISITONS
Novo Holdings buys 49% stake in Surya HospitalsNovo Holdings, a major investment firm, has acquired a 49% stake in Surya Hospitals for an estimated Rs 1,000-1,200 crore. This strategic m...- Stake sale or merger: Grant Thornton is said to study options for $2 billion India unitGrant Thornton India is considering selling a minority stake or merging its operations. The company is in preliminary talks with potential ...
- Mankind: How Meerut brothers built India's 4th largest pharma firmMankind Pharma has announced a significant move by acquiring Bharat Serums and Vaccines Ltd for Rs 13,630 crore. The acquisition, partly fu...
- GMR Airports Infra to buy stake in WAISL for Rs 57 croreGMR Airports Infrastructure has acquired an 8.4% stake in WAISL, a digital infrastructure services provider at airports, to enhance its air...
- Sumitomo cuts stake in Kotak; Canada Pension is buyerSumitomo had spent $294 million for a stake in the Indian lender in June 2010 and has made double returns in less than six years.
- Will 2014 be any different for the telecom sector?According to analysts, companies can expect much-needed regulatory clarity on key issues of spectrum trading, refarming and M&A.
- Public sector banks need to consolidate: ICICI Bank chiefAiming to enhance its operations globaly and domestically including through organic route, the biggest private sector lender ICICI Bank has...
- India Inc on prowl; hunts down $6 bn deals overseasIndia Inc continues to expand its wings to the foreign shores while riding high on the M&A wave, which has seen domestic companies executin...
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