Rossari Biotech Limited (Rossari, Company), a SpecialityChemicals manufacturer providing intelligent and sustainable solutions for customers across industries, announced that its Board of Directors has approved the acquisition of Unitop Chemicals Private Ltd (Unitop Chemicals, company). As per the agreement and subject to customary closing conditions, Rossari will be acquiring 100% of the equity capital of…
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that Silver Lake will invest ₹ 7,500 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 4.21 lakh crore. Silver Lake’s investment will translate into a 1.75% equity stake in RRVL on a fully diluted…
Emami Group announced that it has entered into a binding agreement with Nuvoco Vistas Corporation Limited (part of Nirma Group), for the divestment of its 100% equity stake in Emami Cement Limited for an enterprise value of INR 5500 crores. Emami Cement operates one integrated cement plant and three grinding units with a total cement…