Search Results for:Sapna Agarwal

PremjiInvest buys 6% stake in Future Retail for $252m

The move comes weeks after the family office sold some of its stake in Future Lifestyle Fashions Ltd (FLF), another Future Group firm.

Myntra, Jabong CEO looks at high-growth rate, imminent expansion

Narayanan is bullish about maintaining its high growth rate and is investing in new spaces such as personal care, home, jewellery and wearable technology.

Metro Cash and Carry eyes acquisitions to aid digitization plan in India

Unlike peer Walmart Inc., the world’s largest retailer pursuing the acquisition of online retailer Flipkart, the Indian arm of Metro will look at opportunities that will aid its B2B journey here.

Wipro Consumer Care scouts for M&As in Vietnam, Indonesia, China, others

In 2012, it acquired Singaporean skincare company LD Waxson’s group, and in 2016, bought China-based Zhongshan Ma Er.

India: Marico to acquire up to 22.5% stake in fitness app Revofit

This is Marico’s second investment in a digital company.

Saks Fifth Avenue in talks with Aditya Birla Fashion for India stores

Luxury goods retailer Saks Fifth Avenue Inc. is in advanced talks with Aditya Birla Fashion Retail Ltd to open two stores in India, according to two people aware of the development. The first store is likely to open in Aerocity, near the Indira Gandhi International Airport in Delhi, followed by… Read more »

How would Unilever and Kraft Heinz’s merger play out in India?

A merger will give HUL an opportunity to get into the food business.

Havells India scouting for large acquisitions abroad

Electrical equipment maker Havells India Ltd is looking to make large acquisitions in overseas emerging markets to enter new geographies and secure strong brands, a top company official said. “We are not looking at very small acquisitions of Rs150-200 crore kind of companies, unless it is for technology,” said Anil… Read more »

India: Mahindra agri unit to buy Dutch OFD Holding for $5.3m

Mahindra & Mahindra Ltd, through its unit Mahindra Agri Solutions Ltd (MASL), has agreed to acquire a stake of up to 60% in the Netherlands-based fruit distribution company OFD Holding BV for around €5 million (approximately Rs36 crore), it said in a statement on Monday. The group has signed a… Read more »

India: Endura Mass parent in talks with PE funds to sell 40% stake

Medinn Belle Herbal Care Pvt. Ltd, the maker of popular protein supplement Endura Mass, is in initial talks with private equity funds to sell about 40% in the company, according to two people close to the development. The company plans to raise about Rs 200 crore through the stake sale,… Read more »