Tag Archives: acquire

SREI Group signs term sheet to acquire AMC business of Essel Group

Kolkata-based SREI Group is said to have initiated the process to acquire the asset management business of Essel Group — Essel Asset Management,  sources told Moneycontrol. “A term sheet has been signed between both the parties so far which is a part of due diligence process,” the source said. A term sheet is a bulleted list, prepared by any… Read More »

PepsiCo in bid to acquire Vita Coco owner – sources

Soft drink maker PepsiCo Inc (PEP.N) is in talks to acquire All Market Inc, the owner of coconut water brand Vita Coco, whose celebrity investors include Madonna and Matthew McConaughey, people familiar with the matter said on Friday. The acquisition would help PepsiCo diversify its offerings as it grapples with stagnant sales, amid a shift of many consumer… Read More »

Edelweiss to acquire JP Morgan’s MF business in India

Edelweiss Asset Management today announced the acquisition of global giant JP Morgan’s mutual fund business in India that has assets worth over Rs 7,000 crore, marking yet another exit of a foreign fund house from the over Rs 13 lakh-crore industry. Edelweiss Asset Management today announced the acquisition of global giant JP Morgan’s mutual fund business in India… Read More »