Shanghai Fosun to buy Gland Pharma for $1.4 billion

Rare deal of a Chinese drug firm buying an Indian company likely this week Hong Kong-listed Shanghai Fosun Pharmaceutical (Group) has agreed to buy Hyderabad-based Gland Pharma, backed by private......

Inspiring success story of Yogesh Mahansaria

When Japan's Yokohama Rubber announced the acquisition of Alliance Tire a few days back, it was the end of the long and successful road. What would you do when you have to give up a business you......

India Inc struck PE deals worth $10.68 billion in 2013

Indian companies signed as many as 655 private equity deals totalling $10.68 billion in 2013, registering an increase of over 12 per cent in value terms over the last year, says a report. According......

Big deal: KKR to buy controlling stake in Alliance Tire

US buyouts firm KKR & Co LP has agreed to buy a controlling stake in Alliance Tire Group from Warburg Pincus LLC, the three companies said on Friday, without disclosing details of the......