Mergers & Acquisitions
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Beny Sachdeva Sep 04, 2024 - 1 min readAfter weeks of speculation, sources have now confirmed that Godfrey Phillips has signed a term sheet with the start-up New Shop for the sale of its 24Seven retail business, according to sources cited by Franchise India Bureau. This move comes as both parties aim to finalize the deal by the end of September. This significant ...
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TFW Bureau Sep 03, 2024 - 1 min readGlobal investor Siddhartha Yog acquired over 10 lakh shares worth Rs 718 crore of Tata Group retail firm Trent Ltd through an open market transaction. Yog is the founding partner of Xander Group Inc., an emerging markets-focused investment firm that currently manages assets of more than $3 billion. According to the block deal data available ...
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TFW Bureau Mar 29, 2024 - 2 min readFormer Hindustan Unilever chief executive Sanjiv Mehta has teamed up with the world’s largest consumer-focused investment firm L Catterton to launch an India-focused investment vehicle. Mehta, who headed Hindustan Unilever (HUL) for ten years till 2023, has formed the India consumer sector-focused joint venture with L Catterton to develop a new investment vehicle, as per ...