Neogen Chemicals Steps Up the Value Chain with BuLi Acquisition
Moneylife Digital Team 15 March 2023
On 4th March, Neogen Chemicals (Neogen) announced that it has signed a definitive agreement to acquire 100% stake in BuLi Chem (BuLi), a subsidiary of Livent Corporation, for Rs25 crore. What are the implications of this deal? BuLi owns the technology to produce n-butyl lithium and other organolithium products using lithium metal. According to the management, the acquisition is synergistic in...
Archived Premium Content
This article is outside your subscription period. You can buy this article individually.
Rs 50-Rs 100 + GST
Access will be given ONLY to this article.
Get access to complete archives
Rs 5000 + GST
Already a subscriber ? Log in
IPO Review: Global Surfaces Ltd
Moneylife Digital Team 13 March 2023
Global Surfaces Ltd (GSL) processes natural stones and manufactures engineered quartz. It has two manufacturing units: unit-1 located at RIICO Industrial Area, Bagru (Rajasthan) and unit-2 at Mahindra World City SEZ, Jaipur...
Special Situation: Aster DM Spinoff of Gulf Hospitals
Moneylife Digital Team 13 March 2023
Aster DM has been looking to sell its Gulf Co-operation Council (GCC) region business for more than a year. In March 2022, its board formed a sub-committee and appointed investment bankers in June 2022 who have received interest and...
Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 11 March 2023
From 3rd March to 10 March 2023, ML Mid-cap Index and ML Small-cap Index rose 1% each. ML Large-cap Index and ML Mega-cap Index ended flat. ML Micro-cap Index, the NIFTY and the Sensex fell 1%...
KNR Constructions: Strong Growth but Poor Record of Cash-flow Conversion
Moneylife Digital Team 11 March 2023
KNR Constructions (KNR) is one of India’s leading infrastructure project development companies providing engineering, procurement and construction (EPC) services in segments such as roads and highways, irrigation and urban water...
Free Helpline
Legal Credit