Igarashi Motors India has completed the acquisition of export division of Agile Electric Sub Assembly as a going concern on Slump Sale in terms of Business Transfer Agreement which were executed between the company and Agile Electric Sub Assembly. Igarashi Motors India is engaged in the production and sales of D.C. motors for toys and … Read more
Salzer Electronics has withdrawn their acquisition proposals regarding Overseas Companies — Advanced ID Asia Engineering Company, Thailand and United Marketing and Trading, Hong Kong. This is post detailed due diligence conducted, which has been mutually agreed by the Board of Director and Management in line with the plan for long-term value creation of the Salzer … Read more
L&T Technology Services (LTTS) has completed the acquisition of Bengaluru-based Graphene Semiconductor Services, a provider of end to end semiconductor services, with effect from October 15, 2018. Graphene’s strong offshore presence coupled with expertise in complete VLSI Chip Design & Embedded Software will enhance LTTS’ capabilities in the Semiconductor & Product OEM space. Following this … Read more
Aban Offshore has completed acquisition of 100% interest in a UK Continental Shelf Production License and sale of 50% interest in the same. Aban Offshore is engaged in the business of providing offshore drilling and production services. The Company’s operating segments include offshore oil drilling and production services, and wind power generation (Wind energy). It … Read more
Infosys has completed the acquisition of Fluido, the leading Salesforce advisor and consulting partner in Nordics and a recognized leader in cloud consulting, implementation and training services. This follows the announcement the company made on September 14, 2018. Through this acquisition the company strengthens its position as a leading Salesforce enterprise cloud services provider, and … Read more
As a result of the transfers, GE paid to Alstom an aggregate amount euro 2.594 billion GE T&D India has completed the acquisition of Alstom’s minority ownership of the three joint ventures (JVs) that were established at closing of the acquisition of Alstom’s Power and Grid assets in November 2015. As a result of the … Read more
Tata Steel Ltd had won the bid to acquire debt-laden Bhushan Steel Ltd (BSL) in an insolvency auction. The bankrupt firm was among the 12 stressed assets the RBI had referred for NCLT proceedings last year. “BNPL has successfully completed the acquisition of controlling stake of 72.65 percent in BSL in accordance with the approved … Read more
