M&A
NA
FY07
Acquisition of 70% stake in Giuseppe Bellora, SpA by Himatsingka Seide, India
Himatsingka Seide acquired 70% stake in Giuseppe Bellora, SpA, the Italy based textile company. The acquisition is in line with Himatsingka's strategy of high end distribution networks having presence in the global home-textile segment
Acquisition of 70% stake in Giuseppe Bellora, SpA by Himatsingka Seide, India
Himatsingka Seide acquired 70% stake in Giuseppe Bellora, SpA, the Italy based textile company. The acquisition is in line with Himatsingka's strategy of high end distribution networks having presence in the global home-textile segment
M&A
INR 4.10 bn
FY06
Sale of majority shareholding in Electrolux Kelvinator to Videocon Group
Ambit advised Electrolux on the sale of 91.25 % stake in its Indian subsidiary Electrolux Kelvinator Ltd (EKL) to Videocon. The deal involved the sale and marketing rights of all three Swedish brands "" Kelvinator, Allwyn and Electrolux. In return, AB Electrolux will receive 5 per cent stake in Videocon Industries. Ambit was the exlcusive financial advisor to Electrolux.
Sale of majority shareholding in Electrolux Kelvinator to Videocon Group
Ambit advised Electrolux on the sale of 91.25 % stake in its Indian subsidiary Electrolux Kelvinator Ltd (EKL) to Videocon. The deal involved the sale and marketing rights of all three Swedish brands "" Kelvinator, Allwyn and Electrolux. In return, AB Electrolux will receive 5 per cent stake in Videocon Industries. Ambit was the exlcusive financial advisor to Electrolux.
M&A
INR 0.97 bn
FY06
Sale of AMP Sanmar Life Insurance to Reliance Capital
Admit advised on the first M&A in the insurance sector in India, involving the sale of AMP Sanmar Life Insurance. The transaction involved a tighly managed sale process for a range of bidders including global insurers and domestic groups. The Reliance ADA acquired the business for cash to form Reliance Life Insurance
Sale of AMP Sanmar Life Insurance to Reliance Capital
Admit advised on the first M&A in the insurance sector in India, involving the sale of AMP Sanmar Life Insurance. The transaction involved a tighly managed sale process for a range of bidders including global insurers and domestic groups. The Reliance ADA acquired the business for cash to form Reliance Life Insurance
Capital Raise
INR 3.8 bn
FY06
Equity fund raise
Ambit assisted Centurion Bank on an equity capital raise from Chrys Capital, CVCI and India Value Fund through a preferential allotment
Equity fund raise
Ambit assisted Centurion Bank on an equity capital raise from Chrys Capital, CVCI and India Value Fund through a preferential allotment
M&A
INR 3.5 bn
FY06
Merger of Bank of Punjab into Centurion Bank
Ambit assisted Centurion Bank on the merger of Bank of Punjab through a stock swap transaction. The merger helped expand the branch network of Centurion Bank in North India, particualrly in Punjab
Merger of Bank of Punjab into Centurion Bank
Ambit assisted Centurion Bank on the merger of Bank of Punjab through a stock swap transaction. The merger helped expand the branch network of Centurion Bank in North India, particualrly in Punjab
M&A
NA
FY06
Divestment of controlling stake by Jumbo Group, Dubai in Falcon Tyres to Pawan Kumar Ruia Group
Jumbo Group divested controlling stake in Falcon Tyres. The disposal was in line with Jumbo Group’s strategy to exit the non-strategic rubber business
Divestment of controlling stake by Jumbo Group, Dubai in Falcon Tyres to Pawan Kumar Ruia Group
Jumbo Group divested controlling stake in Falcon Tyres. The disposal was in line with Jumbo Group’s strategy to exit the non-strategic rubber business
M&A
NA
FY06
Sale of Padmini Engineering to Hella Asia
Sale of Padmini Engineering to Hella Asia
Sale of Padmini Engineering to Hella Asia
Sale of Padmini Engineering to Hella Asia
M&A
INR 1.43 bn
FY05
Sale of controlling interest to Dabur India Ltd.
Dabur's acquisition of the Balsara group of companies was one of the largest FMCG deals at the time. Balsara had seven prominent brands including Promise, Babool, Meswak, Odonil, Odomos, Odopic and Sani Fresh. Ambit was the exclusive financial advisor to Balsara
Sale of controlling interest to Dabur India Ltd.
Dabur's acquisition of the Balsara group of companies was one of the largest FMCG deals at the time. Balsara had seven prominent brands including Promise, Babool, Meswak, Odonil, Odomos, Odopic and Sani Fresh. Ambit was the exclusive financial advisor to Balsara
M&A
NA
FY05
BPL's Strategic Equity Partnership with Sanyo Electric, Japan for CTV Business
BPL agreed to form a 50:50 JV with Sanyo Electric Company for establishing colour television business in India. The JV is expected to leverage BPLs distribution network and manufacturing and Sanyos technology and R&D capabilities
BPL's Strategic Equity Partnership with Sanyo Electric, Japan for CTV Business
BPL agreed to form a 50:50 JV with Sanyo Electric Company for establishing colour television business in India. The JV is expected to leverage BPLs distribution network and manufacturing and Sanyos technology and R&D capabilities