Merger and Acquisition
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Franchise India Bureau Jun 26 2018 - 1 min readAs part of a strategic partnership with Coca-Cola India, Monster Energy will soon be releasing its popular energy drinks all across the country. The product launch hopes to energize India’s active, young, social and fast-growing population, and debuting Monster Energy through its partnership with Coca-Cola will help enable this. According to ...
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Franchise India Bureau Apr 05 2018 - 2 min readFinnish industrial machinery company Metso has confirmed to acquire the valve automation division of Indian valve technology company Rotex Manufacturers & Engineers Pvt. Ltd for an undisclosed amount. Rotex plans to use the proceeds from the sale for restructuring group companies and developing new products, managing director Amit Shah said.
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Franchise India Bureau Apr 03 2018 - 2 min readMogae Media Chairman and former Founder Chairman of Japanese advertising major Dentsu India Sandeep Goyal have acquired 10% stake in ad-tech platform Sync Media. According to a press statement, the transaction valued the company at a pre-money valuation of $3 million (Rs 19.5 crore). As part of the deal, Goyal’s daughter, ...
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Franchise India Bureau Mar 20 2018 - 1 min readIndia's Videocon Industries Ltd has confirmed to have sold its entire stake in its joint venture with the US-based Liberty Mutual Insurance Group to Diamond Deal trade Ltd and Enam Securities Pvt Ltd. Videocon, which had a 51.32% stake in the venture, Liberty Videocon General Insurance Company Ltd, sold 26% stake ...
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Franchise India Bureau Mar 20 2018 - 2 min readThe world’s largest private equity firm Blackstone is set to buy an 85% stake in southern property developer Nitesh Estates’ mall in Pune for about Rs.300 crore. New York-based Blackstone, which is building a portfolio of shopping malls as part of its bet on rent-yielding real estate, will acquire shares held ...