Key Transactions

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

M&A

NA

FY07

Sale of 51% shareholding in Kirloskar Copeland to Copeland, US (Emerson Electric)

Kirloskar Brothers sold 51% of its stake in Kirloskar Copeland to its JV partner Copeland Corporation. Kirloskar Brothers sold the stake as it wanted to focus on it core operations

Sale of 51% shareholding in Kirloskar Copeland to Copeland, US (Emerson Electric)

Kirloskar Brothers sold 51% of its stake in Kirloskar Copeland to its JV partner Copeland Corporation. Kirloskar Brothers sold the stake as it wanted to focus on it core operations

M&A

NA

FY07

Acquisition of 51% stake in Mysore Cements by Heidelberg Cements

Heidelberg Cements acquired controlling stake in Mysore Cements. The acquisition will give the company a presence in central and south India through Mysore Cements' plants in Damoh (MP), Jhansi (UP) and Ammasandara (Karnataka)

Acquisition of 51% stake in Mysore Cements by Heidelberg Cements

Heidelberg Cements acquired controlling stake in Mysore Cements. The acquisition will give the company a presence in central and south India through Mysore Cements' plants in Damoh (MP), Jhansi (UP) and Ammasandara (Karnataka)