Mergers & Acquisitions

Mitsubishi-Hitachi Metals Machinery, Inc. has acquired Concast India Limited to expand its business in India.

JSW Ispat is acquiring cement grinding facility of Heidelberg Cement India Limited located at Raigad, Maharashtra, adjacent to the company's steel plant. The acquisition will enable JSW Ispat Steel to develop a stable outlet for the evacuation of slag, a waste generated during the smelting and refining of ore, and create additional grinding facility for its consumption and disposal, mint stated.

Thomas Cook India is looking to sell its land assets across India to meet its working capital requirements, moneycontrol states.

Infrastructure Leasing and Financial Services plans to acquire merchant banking and broking outfits for it expand its capital market services, especially to infrastructure sector companies, BS states.

Vijay Mallya is planning to make a 10% preferential allotment in United Spirits to Diageo, BS.

Coromandel International has fully acquired Liberty Urvarak by buying 14.89% in the company and with this it has become its wholly-owned subsidiary.

Kingfa Sci & Tech, a Shangai Stock Echange listed plastic manufacturer is set to acquire controlling stake in Hydro S&S Industries- engineering plastics compounds producer in Chennai, ET states.

Former Chief Executive of Citigroup, Vikram Pandit plans to acquire 50% stake in JM Financial NBFC, states ET.

Software products developer - Aditi Technologies has acquired Hyderabad-based cloud operations consulting firm ‘Get Cloud Ready’ for an undisclosed amount, ET States.