Tag Archives: Acquire

Future Consumer to raise Rs 350 crore, acquire Athena Life Sciences brands

Kishore Biyani’s Future ConsumerNSE 1.57 % said it plans to raise Rs 350 crore from existing investors – International Finance Corporation, Verlinvest and promoters to fund expansion plans. IFC, a member of the World Bank Group will invest Rs 210 crore while Verlinvest SA, an investment companyNSE 0.22 % of Belgium-based founding families of Anheuser-Busch InBev, will invest Rs 70 crore through preferential allotment of compulsory ... Read More »

Future Group To Acquire Heritage Foods’ Retail, Allied Businesses

Hyderabad: Kishore Biyani-led Future Group on Monday said it has signed a definitive agreement to acquire retail and allied businesses of city-based Heritage Foods Ltd in an all-stock deal. Heritage Foods, which currently owns 124 retail outlets under the brand name Heritage Fresh, will get a 3.65 per cent shareholding in Future Retail through fresh issuance of shares. “We have ... Read More »

Tata Autocomp Systems Limited To Acquire TitanX Engine Cooling

Tata AutoComp Systems Limited is all set to acquire TitanX – a leading global engine cooling supplier. TitanX supplies engine and powertrain cooling solutions to the commercial vehicle industry and has across North America, South America, Europe and China with sales of approximately $200 million. Currently owned by EQT Opportunity and Fouriertransform, the company will be acquired by Tata AutoComp ... Read More »