Try GOLD - Free
Federal Bank to sell minority stake to Blackstone affiliate for Rs 6,200 crore
M & A Critique
|November 2025
The Board members of Federal Bank approved sale of 9.99% stake to an affiliate of U.S. private equity firm Blackstone. The transaction is said to be executed via preferential equity shares and warrants for Rs. 6,196.5 crore, the Indian lender said.
-
25% of the warrant issue price will be payable at the time of subscription of each warrant, and the remaining 75% will be payable by the warrant holder at the time of allotment of equity shares pursuant to exercise of the option attached to the warrant to subscribe to the shares.
This story is from the November 2025 edition of M & A Critique.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM M & A Critique
M & A Critique
Thermo Fisher to buy clinical services provider Clario for up to $9.4 billion
Thermo Fisher said it would buy privately held data management company Clario for up to $9.4 billion, strengthening its clinical trial research business amid a strong rebound in demand in the U.S.
1 min
November 2025
M & A Critique
Cygnet Energy to acquire Kiwetinohk in $1 billion deal
Privately held Cygnet Energy will acquire Kiwetinohk Energy in an all-cash deal valued at C$1.4 billion ($998.29 million), including debt, the companies said, creating a larger Montney and Duvernay operator.
1 min
November 2025
M & A Critique
Boyd Group to acquire Joe Hudson's Collision Center for $1.3 billion
Canada's Boyd Group said it has agreed to acquire autobody repair solutions provider Joe Hudson's Collision Center, or JHCC, from TSG Consumer Partners for $1.3 billion.
1 min
November 2025
M & A Critique
US firm Long Path to buy UK's Idox for $438 million
U.S. investment firm Long Path agreed to take British software provider Idox private in a 339.5million-pound ($438 million) deal, offering shareholders 71.5 pence per share in cash.
1 min
November 2025
M & A Critique
Refex Green Mobility Demerger Analysis and Valuation Concerns
Recently, Refex Industries Limited announced that it will separately list its green mobility business through a series of restructuring steps, a segment the company only began building in 2023. While the move is positioned as a value-creation exercise, the question remains: given its small size and substantial capital needs, can this fledgling business truly hold its ground as an independently listed entity?
3 mins
November 2025
M & A Critique
Jindal Power buys Apraava Energy's Jhajjar power plant
Naveen Jindal-owned Jindal Power Ltd (JPL) has signed an agreement to acquire the 1,350 MW Jhajjar Power Project in Haryana from Apraava Energy (formerly CLP India), marking one of the largest thermal power deals in recent years.
1 mins
November 2025
M & A Critique
Mahindra Group weighs major restructuring; may spin off tractors, PVs & trucks into separate entities
Mahindra Group is evaluating the separation of its core businesses — tractors, passenger vehicles (including EVs), and trucks — into independent entities, in what could mark the conglomerate's most significant restructuring in years, according to people familiar with the matter.
2 mins
November 2025
M & A Critique
Indian Oil's Terra Clean in talks to buy 50% stake in Fourth Partner Energy
Indian Oil Corp., the country's largest crude oil refiner, plans to acquire a 50% stake in renewable energy firm Fourth Partner Energy Pvt. Ltd (FPEL) through its subsidiary Terra Clean Ltd in a deal with an estimated equity value of about $400 million, according to two people aware of the development.
2 mins
November 2025
M & A Critique
Veranda Learning Restructures: Amalgamation followed by 'Commerce Education Business' Demerger
“Veranda Learning Solutions Limited (VLSL) is implementing its 'Veranda 2.0' strategy by carving out its high-growth Commerce Education Business”
5 mins
November 2025
M & A Critique
ASG Eye Hospitals to merge with Sharp Sight in Rs 450 crore deal; PE-backed chain targets IPO
ASG Eye Hospitals, backed by private equity firms General Atlantic and Kedaara Capital, has signed a Rs 450 crore nonbinding merger deal with Sharp Sight Eye Hospitals, said people familiar with the matter.
1 mins
November 2025
Listen
Translate
Change font size