 "Aurobindo Pharma finalizes acquisition of GLS Pharma, enhancing its oncology portfolio, gaining full ownership by December 2024.")
Aurobindo Pharma Ltd has announced its plan to acquire the remaining 49 percent stake in GLS Pharma Ltd for Rs 22.5 crore, making GLS a wholly-owned subsidiary. This agreement, finalized on September 18, 2024, involves purchasing 5,90,361 equity shares at Rs 381.12 per share. Aurobindo initially acquired a 51 percent stake in GLS from Suresh ...
 "Alpex Solar’s Bold Leap: Doubling Capacity with Major Land Acquisition")
Alpex Solar is set to expand its operations by doubling its photovoltaic solar module capacity to 2.4 GW by the fiscal year 2025-26. The company plans to establish a 1.2 GW greenfield solar PV module project on a newly acquired land parcel in Kosi Kotwan, Uttar Pradesh. Additionally, Alpex Solar is exploring opportunities in solar ...
 "India Strengthens Defense: Major Acquisition of Combat Vehicles and Radars Approved")
The Indian Defence Ministry has approved significant acquisitions to modernize the Army’s capabilities, including the procurement of future-ready combat vehicles (FRCVs) and air defence fire control radars. In a meeting chaired by Defence Minister Rajnath Singh, the Defence Acquisition Council cleared ten proposals totaling Rs 1,44,716 crore, with 99 percent sourced from indigenous manufacturers. The ...
 "Mankind Pharma’s Bold Move: Financing Rs 13,630 Crore Acquisition Amidst Debt")
Mankind Pharma, India’s fourth-largest pharmaceutical company, plans to raise over Rs 9,000 crore through non-convertible debentures and short-term commercial paper to fund its Rs 13,630 crore acquisition of Bharat Serums and Vaccines Ltd. The company expects an average borrowing cost of about 8.5 percent. This acquisition will significantly enhance Mankind’s position in the gynaecology-fertility Market, ...
 "Blackstone in Pursuit: .5 Billion AirTrunk Acquisition on the Horizon")
Blackstone Inc. is close to finalizing a significant deal to acquire Australian data center operator AirTrunk for over A$20 billion (approximately $13.5 billion), including debt. This transaction could be one of the largest in digital infrastructure this year. Blackstone has outbid other competitors, including a consortium with well-known investors, and is currently negotiating final terms ...
 "Adani Wilmar Eyes Expansion: Billion Acquisition Drive in FMCG Sector")
Adani Wilmar is set to enhance its presence in India’s packaged consumer goods Market with plans to acquire three food companies, backed by a $1 billion acquisition fund. This strategy focuses on brands that specialize in spices, ready-to-cook foods, and packaged edibles, aiming to increase revenue from consumer sectors to 25-30%. The company has already ...
 "Delays Threaten IIHL’s Acquisition of Reliance Capital Amid Regulatory Hurdles")
Lenders to Reliance Capital Ltd have accused IndusInd International Holdings Ltd (IIHL) of delaying the resolution plan for the struggling financial firm. IIHL, which was approved to acquire Reliance Capital with a Rs 9,861-crore plan, has yet to receive necessary approval from the Department of Industrial Policy and Promotion (DIPP). This approval is needed because ...
