stake
-
Franchise India Bureau Sep 16 2019 - 1 min readStrides Pharma Science Ltd has bought a majority stake in Switzerland-based Fairmed Healthcare AG, the supplier of generic products and over-the-counter drug. Under this deal, Strides has acquired a 70% stake in Fairmed for around Rs 16 crore. This acquisition has been made through its step-down subsidiary Strides Pharma Global Pte Ltd (SPG). With this acquisition, ...
-
Franchise India Bureau Sep 14 2019 - 2 min readKKR & Co Inc has acquired a majority stake in education services provider EuroKids International Pvt Ltd from its existing investor consortium led by Gaja Capital. Founded by Prajodh Rajan and Vikas Phadnis, EuroKids has opened its first pre-school in 2001. It is now one of India’s largest education services providers in the pre-school and kindergarten ...
-
Franchise India Bureau Aug 23 2019 - 1 min readChinese restaurant company Yum China Holdings will acquire a controlling interest in the Huang Ji Huang group, a Beijing-based Chinese-style casual dining franchise business. This acquisition will help Yum China to gain a stronger foothold and enhanced know-how in the Chinese dining space. The transaction is expected to close in early 2020, subjective to the satisfaction ...
-
Franchise India Bureau Aug 16 2019 - 1 min readKKR India will acquire around 90% of an education company, the EuroKids Group, for about Rs 1,500-2,000 crore. The private equity firm will be buying the stake from existing private equity investors, domestic fund Gaja Capital, which holds about 75%, and Swiss fund Partners Group, which has 17%. The promoter will be holding the remaining ...
-
Franchise India Bureau Jul 06 2019 - 2 min readPayU, the payments and fintech business of Naspers, has acquired a majority stake in Red Dot Payment, a Southeast Asia-focused online payment solutions provider. This transaction helped PayU to expand into the Southeast Asia region. With this move, PayU moves forward with an aim to become the leading payments solution provider in high-growth markets and ...