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India Inc Upbeat On Acquisitions, Mergers In 2022; Cement, Retail Sectors Retain Focus

Reliance Retail has become India's biggest brick-and-mortar retailer with over 16,600 stores. It is ranked 56th amongst the top global retailers with $18 billion in revenues and is the world's second-fastest-growing retail company behind only South Korea's Coupang.
Tata Neu Sanjay Kirloskar Vikram Kirloskar Rahul Kirloskar Radhika Roy Adani Wilmar
Source: ndtv.com

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India Inc high on acquisitions in 2022; spotlight on cement, retail, pharma sectors - Jammu Kashmir Latest News | Tourism

NEW DELHI, Dec 30: As India remained a bright spot in an otherwise gloomy global economic scenario, the country’s corporate sector showed a good appetite for acquisitions in 2022, a year which also saw the downfall of some of its prominent leaders. Cement, retail, pharmaceuticals and quick commerce were the sectors that witnessed multi-crore deals as players sought to enhance their respective positions in the industry. India Inc also lost two of its leaders — former Tata Sons chairma...
Tata Neu Sanjay Kirloskar Vikram Kirloskar Rahul Kirloskar Radhika Roy Adani Wilmar

PE fund Advent to buy Suven; merge it with Cohance lifesciences - Jammu Kashmir Latest News | Tourism

Mumbai, Dec 26: Global private equity investor Advent International on Monday said it is acquiring a significant stake in Suven Pharmaceuticals from its promoters, the Jasti family. The PE major said this will be followed with an open offer to acquire 26 per cent more in the listed contract development and manufacturing organisation from public shareholders, and also merge the company with investee company Cohance Lifesciences, as per an official statement. Media reports on a Monday morning pegg...
Venkateswarlu Jasti Pankaj Patwari Shweta Jalan Cohance Lifesciences Advent International On Head Of Advent International

Advent announces Open offer for Suven Pharma at Rs. 495 per share

An Open Offer is being made for acquisition of up to 6,61,86,889 fully paid-up equity shares of face value of INR 1 each representing 26.00% of the Voting Share Capital of Suven Pharmaceuticals Ltd at a price of Rs. 495 per share.
Berhyanda Limited The Acquirer Cohance Lifesciences Limited Ra Chem Pharma Suven Pharmaceuticals Cohance Lifesciences Contract Development Manufacturing Organization Berhyanda Midco Limited

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