Mergers & Acquisitions
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Opportunity India Desk 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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Opportunity India Desk Jun 25, 2018 - 1 min readEducation Realty Trust Inc, an owner of collegiate housing communities, said on Monday it would be acquired by an affiliate of Greystar Real Estate Partners for about $4.6 billion, including debt. Education Realty shareholders will receive $41.50 per share in cash from Greystar Student Housing Growth and Income Fund.
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Opportunity India Desk Jun 25, 2018 - 1 min readPhoenix Mills said it has acquired an under construction retail asset in Indore for Rs 234 crore. According to a report from PTI, the acquisition has been done through its 100 percent subsidiary Insight Hotels and Leisure. Phoenix Mills has acquired the asset for Rs 2.34 billion in an ...
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Opportunity India Desk Jun 21, 2018 - 1 min readFlipkart-backed online fashion platform, Myntra has acquired Bengaluru-based technology startup Witworks, which is focussed on producing smart wearable devices and their underlying software, the company said in a statement. As part of the acquisition Myntra has inducted the team into its Innovation Labs; further strengthening the company’s technology team and augmenting its product development capabilities. ...
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Opportunity India Desk Jun 21, 2018 - 1 min readAs a part of their export expansion, the Company has first time entered the International market starting from Nepal. Ayush Lohia, CEO, Lohia Auto Industries said “At present Lohia Auto Industries has made its mark in the Indian market. Directly the brand is associated with 100+ dealers Pan India. Internationally, we plan to foray into ...
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Opportunity India Desk Jun 21, 2018 - 1 min readIn a statement OYO said, China is the company's third overseas market, after its successful venture into Malaysia and Nepal, where it has grown multi-fold. OYO Founder and CEO, Ritesh Agarwal said, "After our successful overseas expansion and operations in Malaysia and Nepal, we are thrilled to offer OYO hotels hassle-free and standardised stay experience ...
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Opportunity India Desk Jun 18, 2018 - 1 min readEnd-to-end technology solution provider NucleusVision, and Gini & Jony, India’s leading children’s wear retail chain, today announced their partnership to use NucleusVision’s Internet of Things (IoT) and Blockchain (BC) based customer identification platform – NucleusION or ION. ION allows brick-n-mortar retailers to identify any customer who walks into a store, in real-time, using Nucleus’ proprietary ...
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Opportunity India Desk Jun 08, 2018 - 1 min readSingapore state investor Temasek Holdings is in advanced discussions to pick up 30-35% stake in Asia Healthcare Holdings, a healthcare platform of TPG Growth, for $100 million, The Economic Times reported, citing two people aware of the development. The funds from the stake sale will be used for growth capital, the report added. TPG Growth ...
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Opportunity India Desk Jun 08, 2018 - 1 min readITC Ltd has acquired floor cleaning brand Nimyle from Kolkata-based Arpita Agro Products for an undisclosed amount, marking the cigarette-biscuits-hotel major's entry into the home care segment. ITC confirmed the deal without divulging into the details. Nimyle is the second largest brand in the floor cleaning segment in West Bengal and Odisha while has recently ...
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Opportunity India Desk Jun 07, 2018 - 2 min readThe Nita Ambani-led Reliance Foundation has joined the race to buy the troubled Seven Hills Hospital in Marol. Reliance Foundation is now among 15 entities who have submitted their expression of interest documents to buy the hospital, once touted as Mumbai first 7-star health facility. According to sources in ...