Majority Stake

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.