Key Transactions

M&A

NA

FY09

Sale of Valves Business of Kirloskar Oil Engines to Eaton Corporation, US

Kirloskar Oil Engines sold the engine valve components division located in Ahmednagar and Nashik (Maharashtra) to Eaton Corporation, US

Sale of Valves Business of Kirloskar Oil Engines to Eaton Corporation, US

Kirloskar Oil Engines sold the engine valve components division located in Ahmednagar and Nashik (Maharashtra) to Eaton Corporation, US

M&A

NA

FY09

Sale of Controls & Switchgear's 26% shareholding in Leroy Somer to Emerson Electric, US

Controls & Switchgear Company sold 26% stake in Leroy Somer & Controls India, manufacturer of pumps and alternators to Emerson Electic, US

Sale of Controls & Switchgear's 26% shareholding in Leroy Somer to Emerson Electric, US

Controls & Switchgear Company sold 26% stake in Leroy Somer & Controls India, manufacturer of pumps and alternators to Emerson Electic, US

M&A

NA

FY08

Joint Venture between BNP Paribas and SREI

Joint Venture between BNP Paribas and SREI

M&A

NA

FY08

Joint Venture between Viacom Inc & TV18 Group

Joint Venture between Viacom Inc & TV18 Group

M&A

INR 3 bn

FY08

Merger of Lord Krishna Bank into Centurion Bank of Punjab

Ambit advised Centurion Bank of Punjab on the merger of Lord Krishna Bank through a stock swap transaction . The merger expanded the footprint of CBoP in South India

Merger of Lord Krishna Bank into Centurion Bank of Punjab

Ambit advised Centurion Bank of Punjab on the merger of Lord Krishna Bank through a stock swap transaction . The merger expanded the footprint of CBoP in South India

M&A

NA

FY08

Sale of 50% shareholding by Indian promoters in Tecnimont ICB to Tecnimont SpA, Italy

The Kapadia Family sold its 50% stake in Tecnimont ICB to Marie Tecnimont SpA to exit from the JV

Sale of 50% shareholding by Indian promoters in Tecnimont ICB to Tecnimont SpA, Italy

The Kapadia Family sold its 50% stake in Tecnimont ICB to Marie Tecnimont SpA to exit from the JV

M&A

NA

FY08

Sale of Alstom India’s Motors & Fans businesses to Regal Beloit Corp, US

Alstom SA sold its motors & fans business, which manufactures a full range of low and medium voltage industrial motors & fans, to Regal Beloit Corp. This acquisition is in line with Regal Beloit’s globalization strategy of improving its commercial presence to serve its customers better

Sale of Alstom India’s Motors & Fans businesses to Regal Beloit Corp, US

Alstom SA sold its motors & fans business, which manufactures a full range of low and medium voltage industrial motors & fans, to Regal Beloit Corp. This acquisition is in line with Regal Beloit’s globalization strategy of improving its commercial presence to serve its customers better

M&A

NA

FY08

Sale of 100% shareholding in Shirke Construction to Manitowoc, US

The Manitowoc Company acquired Shirke Construction Equipments, the India based provider of lifting equipment for the construction industry. Acquisition will help Manitowoc to expand its operations in the Indian construction markets

Sale of 100% shareholding in Shirke Construction to Manitowoc, US

The Manitowoc Company acquired Shirke Construction Equipments, the India based provider of lifting equipment for the construction industry. Acquisition will help Manitowoc to expand its operations in the Indian construction markets

M&A

INR 1.5 bn

FY08

Sale of 5 units comprising the Automotive Business of Bright Brothers to Sintex Industries

Sintex acquired Bright Brothers' all five automotive component manufacturing plants located in close proximity to major automobile production hubs like Chennai, Sohna, Pune, Pithampur and Nashik

Sale of 5 units comprising the Automotive Business of Bright Brothers to Sintex Industries

Sintex acquired Bright Brothers' all five automotive component manufacturing plants located in close proximity to major automobile production hubs like Chennai, Sohna, Pune, Pithampur and Nashik