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Winro Commercial India sells Sheela Foam's shares worth Rs 93 crore

In July, Sheela Foam Ltd said it will acquire a 94.66 per cent stake in Kurlon Enterprises Ltd (KEL) for Rs 2,150 crore. ....

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Winro Commercial India sells Sheela Foam's shares worth Rs 93 crore

Winro Commercial India sells Sheela Foam's shares worth Rs 93 crore
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Local firms step up heat on M&A front

Indian companies are increasingly acquiring local assets, often outbidding private equity firms, due to their strong balance sheets. This trend is expected to continue as Indian corporates seek to strengthen their portfolios, distribution capabilities, and technology platforms. ....

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Sheela Foam to buy Kurlon for Rs 2,150 crore

Sheela Foam to buy Kurlon for Rs 2,150 crore
tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.

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Sheela Foam shares jump over 15% after Kurlon deal

The company s board at its meeting held on July 17, 2023, has approved the acquisition of Kurlon Enterprise Ltd and House of Kieraya Pvt Ltd, Sheela Foam said in a regulatory filing on Monday. ....

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