BUSINESS
Lenders pick CarVal Investors-led consortium for Uttam Galva's assets
CarVal Investors has $10 billion in assets under management and is the investment arm of global agricultural powerhouse Cargill.
BUSINESS
Dinshaw's dairy back on the block; HUL, Carlyle, Lotte keen on a scoop
In November 2017, Lotte Confectionery had acquired Ahmedabad-based Havmor Ice Cream for Rs 1,020 crore in an all-cash deal. The deal was valued at two and a half times Havmor's Rs 400 crore turnover, raising expectations of better valuations for regional ice-cream companies
BUSINESS
In Play: Reliance Retail in talks to buy out 259-year-old British toymaker Hamleys
Due diligence for the deal is said to be in advanced stages. If the deal goes through, Reliance Retail plans to increase the geographic footprint of Hamleys in India.
