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Today’s M & A Round up

Today’s M & A Round up

* Creador expects to commit 15% of its second PE fund in India.

* Jet Airways’ CEO Gary Kenneth Toomey resigns after brief 7-month stint.

* Govt to sell 10% stake worth $800M in India Oil to other PSUs.

* Mukesh Ambani’s Reliance Jio Infocomm among the companies bidding for 2G spectrum auction.

* Alstom India to sell transportation systems unit to French parent for around $29M.

* Speciality Restaurants expands overseas with JV in Qatar.

* RBI says companies can swap overseas borrowings into equity at forex rate prevailing on date of conversion.

* Accommodation listing site Grabhouse.com raises seed funding from India Quotient, Deutsche Bank exec.

* Global Economic Advantage buys engineering solutions firm Samtel Engineering.

* Unitech-To-Sell-Two-Hotels.

* Sir Shadilal To Sell UP Sugar Unit To Superior Foods.

* L&T To Exit Tamil Nadu Terminal.

* MeraEvents Plans Fund Raise.

* Blume Ventures To Float Second VC Fund

 

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