Images: Shutterstock; Source: News articles
From Tata Motors acquiring Jaguar to Tata Steel buying Corus Group. Here are six of the most significant foreign acquisitions by Indian companies!
Value: $1.97 billion
In 2011, Adani Group’s subsidiary Adani Ports and Special Economic Zone acquired a 100% stake in Australia-based Abbot Point Coal Terminal.
Value: $2.3 billion
Tata Motors acquired Jaguar Land Rover (JLR) from Ford Motors in 2008.
Image: Pexels
Value: $6 billion
In 2007, Aditya Birla Group’s subsidiary Hindalco signed a deal to acquire Novelis, an aluminium rolling company.
Value: $10.7 billion
Bharti Airtel acquired Kuwait-based Zain Telecom’s Africa business in 2010.
Value: $12 billion
In 2007, Tata Steel acquired Corus Group, now Tata Steel Europe. In 2021, Tata Steel Europe was split into Tata Steel Netherlands and Tata Steel UK.
Value: $16 billion
In 2018, Walmart acquired a 77% stake in Flipkart. It further increased its stake to 80.5% in 2023.
Value: $32 billion
In 2006, Mittal Steel, a UK-based company with Indian roots, made a hostile bid for Luxembourg-based Arcelor for an initial value of $23 billion, resulting in Arcelor-Mittal.
Image: corporate.arcelormittal.com
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