Sell
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Franchise India Bureau Oct 31 2018 - 1 min readCox & Kings Ltd, Mumbai-based tours and travel company, will sell its education business to UK-based private investor Midlothian Capital Partners for an all-cash enterprise value of about $600 million. The company’s education business comprises HB Education Ltd, a fully-owned subsidiary of European holiday specialist Holidaybreak Ltd. Cox & Kings had acquired Holidaybreak for $510 million ...
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Franchise India Bureau Oct 03 2018 - 1 min readDr Reddy’s Laboratories Ltd, the Hyderabad-based pharmaceutical major, has said that its wholly owned subsidiary Promius Pharma, LLC, has sold its rights of Cloderm Cream and its authorised generic to EPI Health, LLC. DRL said, "Promius Pharma, LLC, has sold its rights of Cloderm (clocortolone pivalate) cream, 0.1 per cent and its authorised generic to ...
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Franchise India Bureau Jul 06 2018 - 1 min readGodrej Consumer Products has sold its diaper brand Snuggy to Nobel Hygiene for an undisclosed amount, exiting the baby care segment that it entered nearly 15 years ago. In 2003, GCPL had acquired the brand from Shogun Diapers, which is one of the three leading players in the Indian baby diaper market with presence mainly ...