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Tag Archives: acquire

Unichem Lab inks agreement to acquire 20% stake in Optimus group

Unichem Laboratories has entered into an agreement to acquire 20% equity stake in the API and intermediate business of Hyderabad based Optimus group. The acquisition value is Rs 120 crore. The transaction will give the company access to Optimus’ US Food and Drug Administration (USFDA) approved API manufacturing facilities and ... Read More »

Indiabulls Real Estate to acquire land in Gurugram

Indiabulls Real Estate through its wholly-owned subsidiary — Loon Land Development — has entered into definitive agreement to acquire a land parcel / development rights on around 140 acre land, situated at Sector 79, Manesar, Gurugram, for development of integrated township and commercial building. Indiabulls Real Estate is India’s third ... Read More »

IIFL Holdings’ arm to acquire stake in Wealth Advisors

IIFL Holdings’ subsidiary — IIFL Wealth Management — will acquire entire share capital of Chennai-based Wealth Advisors India. IIFL Wealth would conclude the transaction for a consideration of Rs 235 crore. This move is expected to further fortify 10 year old IIFL Wealth’s presence in the south as Wealth Advisors ... Read More »

Aurionpro Solutions’ arm inks agreement to acquire stake in SC Soft

Aurionpro Solutions’ wholly owned subsidiary — Aurionpro Solutions Pte., — has entered into an agreement for acquisition of majority stake (51%) in SC Soft Pte. (SC Soft) a Singapore headquartered Automated Fare Collection (AFC) and smart city solution provider. The company will make investment in tranches by subscribing to the ... Read More »

KKCL to acquire ‘Desi Belle’ from Resource World Exim

Kewal Kiran Clothing (KKCL) has decided to acquire the Brand ‘Desi Belle’ from Resource World Exim at a consideration mutually decided by the Management and Resource World Exim. The Management Committee of the Board of Directors of the company on October 10, 2018 has decided the same. KKCL is an ... Read More »

OnMobile Global inks agreement to acquire Appland AB

OnMobile Global has signed a definitive agreement to acquire Appland AB, one of the world’s most popular games and kids App Clubs subscription services. This acquisition reflects the increasing importance of OnMobile’s strategy to become a leader in the fast-growing mobile games market and expands its games footprint to all ... Read More »

Karma Energy to acquire six Wind mills from Weizmann Forex

Karma Energy has decided to acquire the 6 Nos. of Wind mills together related land, other accessories and components from Weizmann Forex. The Board of Directors of the company at its meeting held on October 6, 2018, decided the same. The existing capacity is 34.95 MW installed in the states ... Read More »

Thomas Cook gets nod to acquire 24% stake in TravelJunkie Solutions

Thomas Cook (India) has received an approval for acquisition of a 24% strategic stake in TravelJunkie Solutions, a Mumbai based travel tech start-up via its wholly owned subsidiary TC Tours. TravelJunkie Solutions developed Ithaka – a chat-based mobile application serving FIT (Free Individual Travellers) customers by recommending authentic local experiences ... Read More »

Malaysia’s Cloudaron to acquire realtors8 for US$3.2 million

Cloudaron Group, a cloud service company based in Kuala Lumpur has entered into an agreement with ASX-listed 8common Limited for the acquisition of its subsidiary firm realtors8, for SGD4.23 million (about US$3.2 million) The transaction is expected to be completed by the second quarter of 2018 where realtors8 will become ... Read More »

HCG inks agreement to acquire 48.5% shareholding in Strand Life Sciences

HealthCare Global Enterprises (HCG) has entered into definitive agreements providing for a business combination of its Triesta Sciences business unit (Triesta Sciences), with Strand Life Sciences, a company incorporated under the Companies Act, 1956. The company has entered into a Business Transfer Agreement (BTA), a Share Subscription Agreement (SSA) and ... Read More »

41 Pakistani Hindus acquire Indian citizenship in Udaipur

Udaipur : Several displaced Pakistani Hindus staying in India for years had a big reason to rejoice today. 41 of them, staying in Rajasthan’s Udaipur district, were granted Indian citizenship today. These people had been trying to acquire Indian citizenship for the last 14 years. They maintained that situation in ... Read More »