Mergers & Acquisitions
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Opportunity India Desk Sep 29, 2017 - 2 min readIn a move to further expand its presence in African market, Globally renowned cosmetics giant, L’Oréal has partnered With Compagnie Française de l’Afrique Occidentale (CFAO) to cover the production and distribution of cosmetics in the Ivory Coast. As per a research report of Forbes magazine, CFAO, a multinational company, headquartered in France, will ...
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Opportunity India Desk Sep 29, 2017 - 2 min readApproving the Scheme of Arrangement involving merger of Ranbaxy Laboratories with Sun Pharmaceutical Industries, the High Court of Punjab and Haryana has orally approved the merger of two biggies. According to Sun Pharmaceutical, a certified true copy of the court order is awaited. Reportedly, the US Federal Trade Commission (FTC) recently approved ...
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Opportunity India Desk Sep 29, 2017 - 2 min readSun Pharma announced the $4 billion deal to buy Ranbaxy in April 2014. One year down the line, the High Courts of Punjab and Haryana has orally approved the merger of the pharma majors. Approving the Scheme of Arrangement involving merger of Ranbaxy Laboratories with Sun Pharmaceutical Industries, the High Court of Punjab and ...
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Opportunity India Desk Sep 29, 2017 - 3 min readPierre Fabre Group, the 3d largest French pharmaceutical group and the 2nd largest dermo-cosmetics laboratory in the World and Abbott Healthcare Pvt. Ltd., one of India's largest pharmaceutical & healthcare companies announced the renewal of their partnership for commercialisation in India of 3 unique dermo-cosmetic ranges, namely Avène, Ducray and A-Derma. Avène products are ...
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Opportunity India Desk Sep 29, 2017 - 1 min readIn a bid to raise the standard of healthcare for the reformist Republic and the region, Anne Marie Moncure, CEO, Southern Region, Apollo Hospitals Group and His Excellency Toni Atanasovski, Ambassador of the Republic of Macedonia in India on behalf of its Ministry of Health signed the Memorandum of Understanding (MoU). The MoU provides ...
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Opportunity India Desk Sep 29, 2017 - 2 min readCelebrity hairstylist and founder of leading BBLunt salon chain, Adhuna Akhtar has recently hosted a gala event in Mumbai with Rukn Luthra, Managing Director, Remy Cointreau - India sub-continent and Gulf. The event titled as ‘Cointreauversial’ evening was organised to mark the first visit of Alfred Cointreau, the 6th generation of a family dedicated to ...
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Opportunity India Desk Sep 29, 2017 - 1 min readFMCG major Godrej Consumer Products Ltd (GCPL) has announced its 100 per cent acquisition on South Africa's hair extensions firm Frika Hair for an undisclosed sum in order to consolidate its position in the South African market. In a BSE filing, GCPL said has confirmed that it has entered into an agreement with Frika ...
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Opportunity India Desk Sep 29, 2017 - 2 min readApollo Health and Lifestyle Ltd (AHLL), known to be a subsidiary of country’s top hospital firm’s Apollo Hospitals Enterprise Limited, has completed acquisition on Bengaluru-based Nova Specialty Hospitals at an estimated cost of Rs 145 crore. The acquisition fits the growth strategy of AHLL as it provides a much larger footprint to the brand, ...
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Opportunity India Desk Sep 29, 2017 - 2 min readEyeing the growing healthcare industry in India, Australian healthcare firms are looking to enter into partnerships with various Indian companies in the sector and offer expertise, especially in the area of care for the aged, says a PTI report. According to the latest IBEF (Indian Brand Equity Foundation) sectoral report, the Indian healthcare industry ...
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Opportunity India Desk Sep 29, 2017 - 1 min readLocated on the outskirts of Kolkata, two units of a multi-speciality hospital, Westbank has been acquired by heart-care services giant Narayana Health (NH) for Rs 150 crore. This is the second acquisition in the year by the NH group in West Bengal. Earlier in the year, the NH group has acquired Jubilant ...