India Digest: JSW Energy, Alkem Laboratories, IL&FS in M&A news

India Digest: JSW Energy, Alkem Laboratories, IL&FS in M&A news

Photo: Reuters

JSW Energy is picking an equity stake in Jaiprakash Power Ventures (JPVL) as part of an exercise to restructure loans it extended to the debt-laden company, while Alkem Laboratories Ltd is acquiring API assets from AbbVie Inc. Separately, Infrastructure Leasing & Financial Services Ltd (IL&FS) is planning to sell its stake in Gift City.

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