India Digest: Organic eyes NutriHealth; Sterlite buys Metallurgica; Piramal's new fund; CPPIB bids highest for WaveRock

India Digest: Organic eyes NutriHealth; Sterlite buys Metallurgica; Piramal's new fund; CPPIB bids highest for WaveRock

Visual from Organic India website

Organic India is in talks to buy a 20-40 per cent stake in nutritionist Shikha Sharma’s NutriHealth, Sterlite Technologies is fully acquiring Metallurgica Bresciana S.p.A., a European specialised optical cable manufacturer, for 47 million euros, and Canada’s CPPIB has pipped Rahul Bhatia’s InterGlobe Real Estate and a Shapoorji Pallonji-Allianz combine to emerge as the highest bidder to buy a business park in Hyderabad. Separately, Piramal Capital & Housing Finance is planning to raise a $500 million fund to set up an asset aggregation platform.

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