Key Transactions

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

ECM

NA

FY08

Open offer to public shareholders of Stovec Industries by Stork Prints BV

Stork Prints BV acquired additional 20% stake in Stovec Industries through open offer to its public shareholders. Post the transaction Stork Prints BV holds 71% stake in Stovec Industries

Open offer to public shareholders of Stovec Industries by Stork Prints BV

Stork Prints BV acquired additional 20% stake in Stovec Industries through open offer to its public shareholders. Post the transaction Stork Prints BV holds 71% stake in Stovec Industries

M&A

NA

FY08

Sale of 60% shareholding in ASCO India by the Sanmar Group to Emerson Electric, US

Sale of 60% shareholding in ASCO India by the Sanmar Group to Emerson Electric, US

Sale of 60% shareholding in ASCO India by the Sanmar Group to Emerson Electric, US

Sale of 60% shareholding in ASCO India by the Sanmar Group to Emerson Electric, US

M&A

INR 1 bn

FY07

Acquisition of ‘Nihar’ brand from Hindustan Lever by Marico Industries

Acquisition of ‘Nihar’ brand from Hindustan Lever by Marico Industries

M&A

NA

FY07

Sale of 50% shareholding in Ten Sports to Zee TV

Sale of 50% shareholding in Ten Sports to Zee TV

Capital Raise

INR 1.84 bn

FY07

Equity fund raise from ICICI Ventures

Ambit advised Centurion Bank of Punjab on a capital raise from ICICI Ventures through a preferential allotment route

Equity fund raise from ICICI Ventures

Ambit advised Centurion Bank of Punjab on a capital raise from ICICI Ventures through a preferential allotment route

M&A

NA

FY07

Sale of 75% shareholding of the Poonawalla Group in Eagle Industry Co. to Eagle Industry Company, Japan

Sale of 75% shareholding of the Poonawalla Group in Eagle Industry Co. to Eagle Industry Company, Japan

Sale of 75% shareholding of the Poonawalla Group in Eagle Industry Co. to Eagle Industry Company, Japan

Sale of 75% shareholding of the Poonawalla Group in Eagle Industry Co. to Eagle Industry Company, Japan

M&A

NA

FY07

Sale of 49% shareholding of Escorts in Carraro India Limited to Carraro SpA, Italy

Escorts sold 49% of its stake in Carraro India to its JV partner Carraro SpA. Escorts sold the stake as it wanted to focus on tractors, construction equipment and auto parts

Sale of 49% shareholding of Escorts in Carraro India Limited to Carraro SpA, Italy

Escorts sold 49% of its stake in Carraro India to its JV partner Carraro SpA. Escorts sold the stake as it wanted to focus on tractors, construction equipment and auto parts