Generic drugmaker Mylan Inc. will acquire Agila Specialties - a developer, manufacturer and marketer of high-quality generic injectible products - from Strides Arcolab for $1.6 billion (Rs 8,674.2 crore) in cash.
Thomas Cook (India) Ltd (TCIL), an integrated travel service provider, has acquired a 74 per cent stake in Ikya Human Capital Solutions Pvt Ltd (Ikya), a human resources (HR) staffing solutions company, for approximately Rs 256 crore.
US-based Chemtura Corporation, a maker of specialty chemicals and agrochemicals, acquired the bromine assets of Solaris ChemTech Industries Ltd.
Sony Pictures Television (SPT), a subsidiary of Sony Pictures Entertainment Inc, will buy an additional 32 per cent stake in its Indian arm Multi Screen Media Private Limited (MSM) for $271 million (Rs 1,479 crore).
The other deal is that of Ybrant Digital Limited, an Indian digital marketing services company, promoted by its Chairman and CEO Suresh Reddy.
Force Motors, headed by Abhay N. Firodia, Chairman, will exit from Man Force Trucks or MFT, its five-year-old joint venture with Germany's MAN Truck & Bus AG, or MAN.
IBN18 Broadcast, a Network18 group company, has announced its decision to acquire a 43.4 per cent stake in Viacom18 Media for Rs 305 crore from BK Holdings, a subsidiary of TV18. Following the acquisition, IBN18 Broadcast's stake in Viacom18 will now increase to 50 per cent.
Biggest business deals in the past 30 days (*February 15 to March 14)
Energy and environment solutions provider Thermax acquired Danish boiler and waste heat recovery systems maker Danstoker A/S and its German subsidiary Omnical Kessel for Rs 187 crore ($41.4 million).
Opto Circuits (India), a manufacturer of patient monitoring systems, is set to buy out the US-based Cardiac Science Corporation in an all-cash, $54.8 million deal.
Germany-based MHM Holding (MHM) has proposed the acquisition and subsequent delisting of Micro Inks' fully-paid equity shares.
Himadri Chemicals and Industries' preferential allotment of equity shares to private equity firm Bain Capital for some Rs 590 crore will help the Kolkata company to grow its business.
The Orchid Chemicals and Pharmaceuticals and Hospira Inc. deal for the purchase of the former's generic injectable pharmaceuticals business will benefit both parties.
Jindal Steel & Power Ltd. is on a major expansion drive. Following the proposed acquisition of Rocklands Richfield (Deal #4), JSPL may gain access to the company’s China-based metallurgical coke-manufacturing facility, and three coalfields in Australia. For Rocklands Richfield’s shareholders, the deal offers good valuation at a 35 per cent premium over the current market price.
Germany’s leading chemical manufacturer Lanxess AG has announced the acquisition of the chemical and wind power business of Mumbai based Gwalior Chemical Industries, in a deal valued at Rs 536 crore.
Essar Group-owned BPO firm, Aegis, has announced the acquisition of Australia-based UCMS Group for Rs 184.3 crore ($37.2 million) in an allcash deal.
In a deal valued at Rs 333 crore, AAA United BV, promoted by European fashion retailer Bestseller, has acquired a 20.67 per cent stake in Bombay Rayon Fashions, a fast-growing fashion garments exporting company.
3i India Infrastructure Fund established by international private equity firm 3i Group Plc. has invested around Rs 800 crore ($161 million) for a minority stake in Krishnapatnam Port Company Ltd. (KPCL).
India’s and the world’s most talked-about CEOs in December
Deal of the monthIn another deal in the telecom infrastructure, Tata Teleservices merged its telecom tower arm, Wireless Tata Telecom Infrastructure, with SREI Group company, Quippo Telecom Infrastructure.





