Merger and Acquisitions
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Franchise India Bureau Jul 03 2018 - 4 min readBidders for the Fortis chain of hospitals will have to cough up a minimum investment of Rs 1,500 crore by way of preferential allotment as the Fortis HealthcareNSE 6.32 % board has stipulated certain conditions to ensure that only “serious” binding offers are made by the Tuesday deadline. The other conditions ...
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Franchise India Bureau May 23 2018 - 3 min readA group of big names including France’s Danone, Hindustan Unilever and Nestle are vying with US private equity giant KKR & Co to acquire GlaxoSmithKline plc’s 72 per cent stake in its Indian consumer products division, GSK Consumer Healthcare, in a massive $4-billion deal, the biggest in the Indian consumer industry.