UK’s NextEnergy acquires first Indian solar asset
NextEnergy Capital acquired a 27MW solar PV project from German project developer IBC Solar Energy Gmbh.
Ampere Vehicles acquires 74% stake in e-rickshaw firm Bestway
Through this acquisition, Ampere aims to expands its presence in the e-Rickshaw segment to become an integrated last-mile e-mobility player.
KKR to buy 54% controlling stake in JB Chemicals
KKR will acquire the stake from the founding Mody family at a price of $9.97 per share and make an open offer for an additional 26 percent stake in the company.
Haldia Petrochemicals acquires Lummus Technology for $2.7bn
The deal is expected to accelerate India’s progress towards self-reliance in materials technology, Haldia Petrochemicals said.
Carlyle to buy 25% stake in Airtel’s data centre arm for $235mn
Airtel’s data centre business Nxtra will use the proceeds to continue to scale up its infrastructure and offerings across the country.
Aspire Systems acquires 70% stake in RapidValue
The acquisition will help Aspire strengthen its capabilities in the digital engineering segment.
Carlyle Group to buy 20% stake in Piramal Pharma
The transaction values Piramal Pharma Ltd at $2.775 billion, with an upside component of $360 million.
Brookfield acquires Jet Airways’ Mumbai office for $65mn
The proceeds from the sale will be utilised as per the directions of the National Company Law Tribunal.
Piramal Pharma to acquire G&W’s US drug unit for $17.5mn
This acquisition will expand Piramal Pharma’s product offerings by adding solid oral dosage form capabilities (tablets and capsules) in North America.
Ashok Piramal Group to sell Miranda Tools to Dormer Pramet
The deal will boost Dormer Pramet’s product offering and facilitates improved presence in key markets.