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Yes Bank acquires over 9% stake in Eveready by invoking pledged shares

Thursday, July 4, 2019, 8:52 PM

Private-sector-lender Yes Bank Thursday said it has acquired over 9 percent shares of battery maker Eveready by invoking pledged shares following loan default by a group company. "Yes Bank, pursuant to invocation of pledge of shares, acquired 68,80,149 equity shares... constituting 9.47% of the post-issue paid-up share capital as at July-3, 2019, of Eveready Industries India Ltd," Yes Bank said in a regulatory filing.
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Coca-Cola in exclusive talks with CCD for acquiring stake

Wednesday, June 26, 2019, 3:21 PM

Beverage maker Coca-Cola has entered exclusive talks to pick up significant stake in the country's largest coffee chain Cafe Coffee Day (CCD) as the soft drinks giant looks to gain foothold in the rapidly growing cafes space and hedge risks associated with its core carbonated drinks business, two officials in knowledge of the development said.
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Visa takes minority stake in Billdesk, valuation hits $1.8 billion

Saturday, November 17, 2018, 9:59 AM

American payments processor Visa said it is taking a minority stake in Indian payment gateway BillDesk. Reports had earlier said that Visa was looking to invest nearly $250 million in BillDesk, valuing it at around $1.5-2 billion. Mumbai-based BillDesk processes digital payments worth over $60 billion a year and provides customers with payment options like cards and e-wallets.

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