British private equity firm Apax Partners LLP., headquartered in London, England, is set to acquire India’s largest surgical and wound care products maker Healthium Medtech (formerly Sutures India) in a deal estimated at $400 million. San Francisco- and Fort Worth-headquartered private investment firm TPG that held a 73% share in Healthium,...
India Registered 379 M&A Transactions in 2017
In 2017, India’s mergers and acquisitions activity reached the second highest annual deal value since 2001, according to London based deals tracker Mergermarket, with 379 deals worth $54.7 billion. This is only slightly less than the peak registered in 2016, which saw 421 deals worth $59.7 billion. Telecommunications, technology, and financial services...
Barclays: India Is on the Rise
London-based 327-year-old Barclays PLC says: With a rapidly growing middle class, a young labor force, and a reform-minded government, India is on the rise. With a GDP of nearly $2.5 trillion, -- and one of the highest GDP growth rates in the world -- India 's GDP is outpacing emerging markets;...
Mattis: U.S. to share advanced defense technologies with India
The first high-ranking official of the Trump administration to visit India since January, U.S. defense secretary James Mattis said on a two-day visit to New Delhi, "We look forward to sharing some of our most advanced defense technologies through the bilateral Defense Technology and Trade Initiative." Live Mint reports that...
Symphony Ventures Establishes Development Center in India
London based headquartered Symphony Ventures, a global services firm specializing in Robotic Process Automation and Intelligent Automation, commenced operations at a Development Center in Bangalore, to serve India, the Middle East and Asia Pacific. The firm plans to recruit 150 consulting and technology staff within the next twenty four months to provide consulting, implementation, managed services,...
GMEX and India’s Metropolitan Stock Exchange to Collaborate
London-based GMEX Group and the Metropolitan Stock Exchange of India will collaborate to develop technology-driven products to enhance India’s capital markets. As part of the proposal, GMEX will acquire a 5% stake in the Exchange, and its subsidiary, the Metropolitan Clearing Corporation of India. The collaboration includes product development in...