India's RBI approves Bhavani Sahakari Bank merger into TJSB
→Bhavani branches must operate as TJSB branches from May 4
Mergers & Acquisitions
28 briefs
RBI approves Emirates NBD acquisition of RBL Bank
→Foreign bank to acquire majority stake
RBI approves Emirates NBD takeover of RBL Bank
→Majority acquisition triggers open offer
US court halts Nexstar–Tegna integration
→Temporary restraining order enforces hold-separate structure
Magnum acquires controlling stake in Kwality Wall’s India
→Ownership transfer shifts promoter control
NCLAT restricts insolvency proceedings against Vatika Ltd
→CIRP limited to specific project scope
RBI approves Avenir Investment takeover of Sammaan Capital
→Transaction awaits final regulatory clearance
Aditya Birla Group consortium acquires Royal Challengers Bangalore for $1.78bn
→Ownership transfer subject to regulatory approvals
UK High Court orders Mike Lynch estate to pay £920m to Hewlett Packard Enterprise
→Court ruling forces estate to prioritise creditor payment
India Supreme Court orders joint probe into ADAG insolvency settlements
→Court mandates coordinated investigation
SEBI allows AIFs to retain liquidation proceeds beyond fund life
→Regulator permits extended wind-down timelines
NCLAT exempts IL&FS entities from CSR spending requirement
→Court removes statutory CSR obligation