Shares of Univar rose nearly 14% to $35.40 in premarket trading
The US firm's Indian arm decided not to proceed with the deal in October after agreeing to acquire Arcion Revitalisation Pvt. for about 2 billion rupees ($24 million)
However, rating agency says strengths partially offset by risks associated with delay in tariff orders and air traffic
The 173-year-old business has over 2,200 stores in the UK, apart from pharmacies as well as a large play in the health and beauty business
Reliance Industries Ltd andUS buyout firm Apollo Global Management are planning a joint bid for UK high street pharmacy chain Boots, a media report said
The proceeds will be used to fund the acquisition of Viviana Mall in Thane on Mumbai's outskirts, said a source in the know
The company, which has been in constructing residential apartments and complexes for over 33 years, will use the proceeds to reduce its debts
Vedanta currently holds a controlling stake in Cairn Oil & Gas, India's largest private sector crude oil producer, and maybe the keenest to diversify into the refining business
Apollo, for now, has offered $150 million equivalent as primary equity for Altico
Apollo Global is one of the world's largest alternate investment platforms, with $270 billion in assets under management
Bid for 30% equity values GMR-led airport firm at Rs 6,800 crore
The firm has been flexible with its investment plans while it waits for the right opportunities in genuinely distressed assets