India Digest: InCred, Welspun, Centrum, Prestige Group in M&A news

India Digest: InCred, Welspun, Centrum, Prestige Group in M&A news

Photo: Mint

In the latest M&A deals, Centrum has signed an agreement to acquire microlender Altura Financial Services, while InCred Capital has acquired the wealth management business of L&T Capital. Meanwhile, CCI has approved the acquisition of Welspun Corp’s plates and coils mill division by Laptev Finance Pvt Ltd, while Prestige Falcon Realty Ventures has acquired a 28.99% stake in DB Realtors.

Centrum acquires Altura Financial Services

Mumbai-based financial services group Centrum has signed an agreement to acquire New Delhi-headquartered microlender Altura Financial Services Ltd.

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