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PE fund Multiples, Sachetis to acquire majority stake in VIP Industries New Delhi: A clutch of investors led by Multiples Equity have sought approval from the fair trade regulator CCI to acquire a 32% stake in luggage and travel accessories maker VIP Industries. The move came after Dilip Piramal and Family-promoters of VIP Industries-announced last…
Schneider Electric AZB & Partners advised Schneider Electric (SE) on its acquisition of Temasek’s entire minority stake (35 percent) in Schneider Electric India (SEIPL) for an all-cash consideration of INR 55,880 crore (€5.5 billion approx.). The transaction, the largest M&A deal in India so far in 2025, also involves Schneider Electric acquiring Temasek’s corresponding stake…
Fair trade regulator CCI on Monday approved French auto major Renault group‘s proposal to buy out its Japanese partner Nissan‘s remaining 51 per cent stake in their Indian manufacturing joint venture — Renault Nissan Automotive India Pvt Ltd. Renault Group B V and its nominee Renault SAS are acquiring the entire shareholding of the Nissan…
A clutch of investors led by Multiples Equity have sought approval from the fair trade regulator CCI to acquire a 32 per cent stake in luggage and travel accessories maker VIP Industries. The move came after Dilip piramal and Family — promoters of VIP Industries — announced last week that they will sell up to…
Mumbai: Succession planning at Yes Bankwhere Sumitomo Mitsubishi Banking Corp (SMBC) has entered into binding deals to buy at least 20% equity, will get a clearer shape once the stake purchase by the Japanese investor is concluded, Prashant kumar, Yes Bank‘s managing director and chief executive officer, told ET in an interview. “We had applied…
