Acquisitions
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Franchise India Bureau Feb 25 2019 - 1 min readHong Kong-based school chain Nord Anglia Education Inc has acquired People Combine Education India Initiatives Ltd's schools under the Oakridge International brand. This deal will mark Nord Anglia's foray into the Indian education market. Nord Anglia has bought five Oakridge K-12 schools for kindergarten to grade 12 students. The five schools are located in Hyderabad, ...
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Franchise India Bureau Jun 29 2018 - 1 min readThe Indian subsidiary of US-headquartered publisher Penguin Random House has acquired Hind Pocket Books, which specialises in Hindi titles, for an undisclosed amount. In a statement, Penguin Random House said the acquisition was aimed at boosting its offerings in local languages. “This acquisition represents our commitment to expand our ...
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Franchise India Bureau Apr 30 2018 - 1 min readThe Shree Cement Ltd board has given nod for all in cash acquisition of a 100% stake in private railway siding operator Raipur Handling and Infrastructure Pvt. Ltd for Rs 59 crore ($8.8 million), the company said in a stock exchange disclosure. The final deal value will be subject to closing ...
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Franchise India Bureau Sep 29 2017 - 1 min readOne of India’s oldest travel agents Cox and Kings Ltd has gained 100% stake of UK-based hotel-booking firm LateRooms Ltd, which runs the website LateRooms.com, from TUI Travel Plc for £8.5 million. Shares of Cox & Kings jumped over 3 % on Tuesday after the travel and tour operator announced ...