Majority Stake

News and Trends

TVS Holdings Acquires More than 80% Stake in Home Credit India for INR 554 Crore

The transaction was funded through a combination of the proceeds from the recent sale of TVS Holdings' real estate assets and borrowings from capital markets.

News and Trends

RP Tech to Acquire 70% Stake in Satcom Infotech to Expand Cybersecurity Portfolio

Satcom Infotech will leverage RP Tech's extensive financial resources and robust nationwide distribution network to enhance service delivery and scale operations. Meanwhile, RP Tech will integrate Satcom's expertise in cybersecurity into its offerings, aiming to introduce new brands and forge impactful industry partnerships.

News and Trends

Coca-Cola Sells 40% Stake in Indian Bottling Unit to Jubilant Bhartia Group

While the financial details were not officially disclosed, media reports peg the deal's valuation at around INR 10,000 crore.

News and Trends

Bharti Global Acquires 24.5% Stake in UK's BT Group for Estimated $4 Billion

The deal has been in the works since August 2024, with both companies maintaining positive engagement throughout the process.

News and Trends

Ambuja Cements to Acquire 46.8% Stake in Orient Cement, Open Offer Triggered for Public Shareholders

With this acquisition, Ambuja Cements will enhance its total operational capacity to 97.4 MTPA, fast-tracking its goal to achieve over 100 MTPA by March 2025.

News and Trends

Suzlon Energy to Acquire Majority Stake of 76% in Renom Energy Worth INR 660 Crore

Suzlon Energy's board of directors have given the green signal to acquire a 76 per cent majority stake in Renom Energy worth INR 660 crore in two tranches

News and Trends

NIIF Picks up a Majority Stake in Network Solutions Provider iBus for USD 200 Mn

The Bengaluru-based iBus intends to use the fresh funds to support both organic and inorganic growth initiatives, as well as to increase its footprint in recently developed markets like IoT solutions.