Page 2 - Merger And Acquisition

Driven by record M&A volumes, India deal activity hit $15.9 bn in August

M&A deals in India during the month were led by Schneider Electric and Tata Motors' cross-border acquisitions, pushing M&A volumes to record, while PE activity moderated in value

L&T Semiconductor acquires power module design assets of Japan's Fujitsu

Chip design firm L&T Semiconductor Technologies on Friday said it has acquired the power module design assets of Fujitsu General Electronics of Japan. As part of the deal, L&T Semiconductor Technologies (LTSCT) has acquired R&D equipment, design patents and various intellectual properties related to power module technologies of Fujitsu General Electronics (FGEL). "The acquisition of power module technology is a crucial step in LTSCT's growth journey and an important step towards our vision of enhancing India's presence in the global semiconductor ecosystem. This significantly strengthens our global intellectual property portfolio, and enhances our design capabilities, thus reinforcing our commitment to delivering world-class semiconductor solutions globally," LTSCT Chief Executive Sandeep Kumar said. The acquisition will accelerate LTSCT's foray in power electronics design and development and expand its product portfolio in the domains of industrial, energy and automotive .

No relief for brand M&As, purchases to continue attracting 18% GST

India will continue to impose 18% GST on standalone brand purchases, with no relief for companies involved in brand M&As. Business acquisitions, however, remain exempt under existing GST rules

Flipkart acquires majority stake in infotainment platform Pinkvilla

Flipkart has acquired a majority stake in Pinkvilla to expand its digital content footprint, target Gen Z and millennial audiences, and leverage infotainment for commerce growth

Star Localmart acquires Bengaluru-based DusMinute to expand footprint

Star Localmart, the retail arm of Sanjay Ghodawat Group (SGG), on Monday said it has acquired Bengaluru-based retail chain DusMinute, which operates in gated communities, for an undisclosed amount. This acquisition will help Star Localmart expand its network to 170 stores, positioning it as the largest regional retail player in Karnataka, a statement said. The company is focused on opportunities from tier II to VI cities. DusMinute, a gated community retail chain, delivers daily essentials directly to residents' doorsteps, as it operates stores within complexes, offering groceries, dairy, fruits, vegetables and household items. The acquisition covers 40 DusMinute outlets, with additional stores set to open soon, it added. Star Localmart has recently announced expansion plans across Maharashtra, Karnataka, Goa, Andhra Pradesh and Telangana, eying a revenue of Rs 5,000 crore over the next five years. "This acquisition will reinforce its plan to scale up to 3,000 stores by 2030," it

A reasonable request: RBI should allow Indian banks to finance M&As

Restrictions on bank finance for M&As have had some perverse and unintended consequences.

Keurig Dr Pepper brews coffee challenge with $18 bn JDE Peet's takeover

The deal, announced on Monday and offering a 20 per cent premium to JDE Peet's closing market price on Friday

Sellwin Traders signs agreement to acquire 60% stake in Shivam Contracting

Sellwin Traders on Monday said it has signed an agreement to acquire a 60 per cent stake in US-based infrastructure and construction firm Shivam Contracting Inc (SCI) in an equity deal. Under the deal, Sellwin Traders (STL) will issue shares to Shivam Contracting at a price not less than Rs 18 per share to acquire a 60 per cent stake, a company statement said. "STL has agreed in principle to invest up to USD 6 million (around Rs 52 crore) to participate in SCI's ongoing and future projects across the United States," the statement said further. A fair valuation of SCI for this deal will be conducted as of December 31, 2025. The MOU remains valid for 12 months from the signing date, the company said. "The USD 6 million equity-linked investment in Shivam Contracting Inc. strengthens our exposure to the US infrastructure sector with attractive return and assured fund repatriation within two years. "Simultaneously, the planned controlling acquisition of Dubai's GMIIT amplifies our ...

Tips Music acquires Studio Radha's full catalogue to expand into Gujarat

Tips Music has acquired Studio Radha's catalogue of over 4,000 devotional, folk and cultural songs to expand into Gujarat's music heritage and strengthen its regional portfolio

IHCL acquires 51% stake in firms operated under Clarks Hotels for ₹204 cr

IHCL to buy majority stakes in ANK Hotels and Pride Hospitality, operators of 135 Clarks Hotels & Resorts properties, to strengthen midscale presence across India

Titan Company to acquire 67% stake in Dubai's Damas in all-cash deal

Titan Company has signed an agreement to acquire a 67% stake in Damas LLC, marking a strategic expansion into the GCC jewellery market, with an all-cash deal valued at AED 1,038 million (Rs 2,439 cr)

Firstsource signs pact to acquire UK-based Pastdue Credit Solutions

The acquisition is subject to UK Financial Conduct Authority approval, Firstsource said in an exchange filing

Adani Power seals ₹4,000 crore deal for Vidarbha Industries Power

With this acquisition, Adani Power's operational capacity rises to 18,150 MW, with targets to reach 30,670 MW by 2030

Small is big for PEs, companies as M&As rise to $45.4 billion in H1

Health care, retail emerge favourites as big-ticket transactions remain subdued

Arkade Developers to acquire Goregaon's Filmistan Studios for Rs 183 crore

Arkade Developers has entered a binding agreement to acquire Filmistan Studios' four-acre land in Goregaon, Mumbai, for Rs 183 crore, where it plans to launch a luxury residential project by 2026

3G Capital, Singapore's GIC seek CCI nod to acquire Skechers

Investment firm 3G Capital and Singapore's sovereign wealth fund GIC have sought approval from the Competition Commission of India (CCI) to acquire footwear and apparel company Skechers. "The proposed transaction is an indirect acquisition of all the outstanding shares and sole control of the Target by affiliates of investment funds managed by 3G Capital partners LP (3G Capital), ie, the acquirers (Beach Acquisition Co Parent, LLC and Beach Acquisition Merger Sub, Inc)," a notice submitted with the CCI on June 26 stated. GIC has also sought clearance from the competition watchdog to invest capital, to be utilised to partly finance the proposed transaction. After the completion of the transaction, GIC Investment will be entitled to certain rights in Skechers. The parties said the proposed transaction meets the thresholds specified under section 5(a)(i)(A) of the Competition Act, 2002 and is being notified pursuant to the agreement and plan of merger on May 4, 2025 executed by and ..

Bharat Forge acquires AAM India Manufacturing for ₹746.46 crore

Pune-based Bharat Forge acquired AAM India Manufacturing at an equity value of ₹746.46 crore. The acquired company has ₹189.48 crore cash on its books

Torrent secures ₹20,000 crore credit line for JB Chemicals buyout

Torrent is acquiring a 46.39 per cent stake in JB Chemicals from KKR & Co. for about ₹11,917 crore, and an additional 2.8 per cent stake from employees for roughly ₹719 crore, both at ₹1,600 per share

Torrent Pharma share pops 4% on ₹25,689-cr JB Chem deal; analysts cautious

Torrent Pharmaceuticals has signed a definitive agreement to acquire a controlling stake in JB Chemicals and Pharmaceuticals (JBCP) at a fully diluted equity valuation of ₹25,689 crore.

Shell in early talks to acquire London-based oil rival BP: Reports

BP is under intense pressure after years of under-performance and the intervention of aggressive activist shareholder Elliott Investment Management