Mergers & Acquisitions
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Opportunity India Desk Sep 29, 2017 - 1 min readFrench cosmetics group L'Oreal is acquiring three specialized skincare brands - CeraVe, AcneFree and Ambi - from Canada's Valeant Pharmaceuticals International for $1.3 billion in cash to expand into one of the fastest growing areas of the beauty industry.The French cosmetics giant paid nearly eight times the brand's combined annual revenue of $168 million. Frederic ...
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Opportunity India Desk Sep 29, 2017 - 2 min readGaurav Burman of Burman Family Holdings, the investment arm of the controlling shareholders at consumer goods maker Dabur, has picked up a 20 percent stake in Cerestra Advisors, a real estate private equity investor focused on education infrastructure and industrial parks.Burmans will be the anchor Indian investor in Cerestra, in which in the London-based The ...
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Opportunity India Desk Sep 29, 2017 - 2 min readDubai-based private equity investor, Abraaj Group is now eyeing an acquisition in the diagnostics sector, a person close to the development revealed.Abraaj is in advanced talks to buy a controlling stake in diagnostics firm Medall Healthcare Pvt Ltd, which is mainly concentrated in south India, the person said without disclosing the financial details.The development comes ...
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Opportunity India Desk Sep 29, 2017 - 2 min readFortis Hospitals, one of the renowned chains of hospitals in India, has planned to add another five to six hospitals through the operations and management strategy in the next 18 months, as it plans to focus on expanding the network. In the near-term, the company plans to focus only on brownfield expansions. The hospital chain is ...
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Opportunity India Desk Sep 29, 2017 - 1 min readPrivate equity investor, Everstone Group has invested about Rs 238 crore (USD 35 million) for a minority stake in Mumbai-based OmniActive Health Technologies, a manufacturer of nutritional ingredients to the health care, food, and personal care industries.Deep Mishra, a Managing Director, Everstone India, will join the board of OmniActive, which is looking at using the ...
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Opportunity India Desk Sep 29, 2017 - 2 min readAhmedabad-based Rs 10,000 crore drug major Zydus Cadila, through its wholly-owned subsidiary Zydus Healthcare Limited, has acquired six brands from global pharma major MSD and its subsidiaries for an undisclosed sum.The brands include Deca-durabolin, Durabolin, Sustanon, Multiload, Sicastat and Axeten range, which fall in the men's health, women's health, cardiovascular and wound management therapy segments. ...
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Opportunity India Desk Sep 29, 2017 - 1 min readCholayil, one of the leading Indian consumer goods companies, makers of the famed Medimix brand of personal care products (http://cholayil.com/brands.php) are on an expanding spree in Malaysia and other countries in the Fast Eastern region.As a part of their commitment to the Malayisan market, the company will be the prime sponsor for the upcoming 10th ...
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Opportunity India Desk Sep 29, 2017 - 1 min readO2 Spa, one of the largest International day spa chains in India, has announced its acquisition with Zazen Spa. This acquisition comes at the heels of O2 Spa's recent announcement of aggressive expansion plans to cement its position as the leader in the industry by investing USD 15 million in order to enable growth to ...
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Opportunity India Desk Sep 29, 2017 - 1 min readNext Education, Hyderabad-based learning solution provider for K-12 students, has acquired Xolvr, edtech startup for an undisclosed amount.Post acquisition, Xolvr team is learnt that it is going to move to Hyderabad and its platform will be integrated to Next Education's self-learning product LearnNext.Launched in February 2016, Gurugram-based Xolvr was founded by Aamir Mojeeb and Mohammed ...
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Opportunity India Desk Sep 29, 2017 - 1 min readPinfold Overseas, is learnt to have acquired 6.42 percent more stake in Morepen Laboratories, a pharmaceutical firm.As per the reports published by PTI, Pinfold Overseas already had 2.14 per cent stake in Morepen, and now it has purchased additional shares through an off-market transaction on November 28, 2016. In a filing, Morepen said to BSE that ...