Page 84 - Acquisition News Today

CRH acquires Martin Marietta Materials’ South Texas business

The proposed transaction involves the acquisition of 100 per cent equity share capital of Coastal Energen Pvt Ltd (CEPL) by the acquirers (Dickey Alternative Investment Trust (DAIT) and APL), according to a release by fair trade regulator CCI. DAIT is a Sebi-registered Alternative Investment Fund (AIF). It is acting through its investment manager Dickey Asset Management Pvt Ltd.

Swiss business products group Office World Group (OWG) has bought a local trading company and online reseller. The MTH Retail-owned business has taken over Sesco Trading and Schuldiscount.ch, companies owned by Peter and Andreas Steffen. The deal was signed earlier this month and is set to close on 1 March. OWG said the move will

The groups acquisition of Reliance Capital is pending necessary court and regulatory approvals. Its offer of ₹9,650 crore was approved by the committee of creditors (CoC) in July last year, subject to requisite approvals.

Yatharth in a statement said the acquired hospital is ready to be operationalized, has necessary approvals, and hence will add revenue to the company from day one. The acquisition will help the company to enhance its presence in the Delhi NCR region. The transaction is expected to consummate by March-2024.

"The resolution plan annexed to the application is hereby approved," observed the division bench of Justice VG Bisht and a technical member Prabhat Kumar in its order of February 6. "It shall be binding on the corporate debtor, its employees, members, creditors, including the central government, any state government or any local authority to whom a debt in respect of the payment of dues arising under any law for the time being in force is due."

TOKYO -- Dai-ichi Life Holdings has reached an agreement to acquire Japanese employee benefits provider Benefit One from parent Pasona Group, the Japa

Bharatiya Janata Party MP Nishikant Dubey will set off the discussion on the White Paper, tabled by Union Finance Minister Nirmala Sitharaman comparing the economic management during 10 years of the Congress-led UPA government with that of 10 years of the Bharatiya Janata Party-ruled dispensation, in Lok Sabha on Friday.

LIC has enabling provisions to invest in banks like HDFC Bank. Their equity investment is about 20-25% of total AUM, and they have a balanced approach to ensure sustainability. LIC is monitoring the market and taking a mixed strategy. Non par products are giving good returns and are getting traction in the market.

India Business News: NEW DELHI: Max Healthcare announced the acquisition of a 100% stake in Alexis Multi-Speciality Hospital (Alexis) for an enterprise value of Rs 412 cro.