Page 46 - Acquisition
Linde, Praxair agree on outline for 50-50 merger
Once the deal is hammered out, it will be subject to approval by a Praxair shareholders' meeting
 "Linde, Praxair agree on outline for 50-50 merger")
RCom gets Bombay HC approval for Sistema acquisition
The deal will give RCom access to spectrum in the 850 Mhz band that can be used for 4G services which it plans to start by the year-end
 "RCom gets Bombay HC approval for Sistema acquisition")
FCM Travel Solutions acquires Travel Tours Group
TTG offers a gamut of travel services including leisure, corporate travel, MICE, visa, inbound, wholesale and Forex
 "FCM Travel Solutions acquires Travel Tours Group")
Rane (Madras) acquires Precision Die Casting
Rane (Madras) Limited has acquired Precision Die Casting, Inc. USA (PDC). The Chennai-based auto components maker said it made $2 million as equity capital into the company. The company has executed a share purchase agreement in the United States on February 17 with DPI/PDC Holdings and acquired 100 per cent of the equity capital of PDC.In an announcement to NSE today, the company said that it has incorporated a Wholly Owned Subsidiary in Netherlands as a private company Rane (Madras) International Holdings B.V.The company has till date infused $2.02 million into the equity capital of PDC on February 17, 2016 and the company has aslo issued a limited guarantee by way of SBLC for $2 million towards the term loans facilities availed by PDC.Rane (Madras) is part of $511 million Rane Group. The company has two divisions including steering and Linkage Products Division and Diecasting Products Division.Rane Group of companies manufacuter components for passenger Cars, Multi Utility ...
 "Rane (Madras) acquires Precision Die Casting")