News of Deals #Vistara #AirIndia

 Vistara and Air India are merging 

Vistara

Vistara is a joint venture between Tata and Singapore Airlines 

Air India

Air India is wholly owned subsidiary of Tata

Impact -

The merged entity will be India's largest international carrier and second largest domestic carrier with total fleet of 218 aircrafts

Stakeholding:

Tata's Talace will own 74.9%

Singapore Airlines will hold 25.1%

Extra

Air India Express and AirAsia India will be also be merged with Air India by 2024



Comments

Post a Comment

Popular posts from this blog

Tata Motors' Demerger

Image
  Tata Motors' Demerger The move Tata Motors has split into two separately listed companies after NCLT cleared its Composite Scheme of Arrangement. The demerger became effective on October 1, 2025 . Company Tata Motors is vehicle business of Tata Group. It manufactures passanger vehicles and commerical vehicles, electric vehicles such as cars, buses, trucks, tracktors. Its brands includes Tata, Jaguar, Land Rover, Range Rover, Tata Marcopolo, Iveco, Tata Daewoo. Who sits where Passenger Vehicles company (TMPV): houses India PV, EV (TPEM) and Jaguar Land Rover (JLR) . Commercial Vehicles company (TML): trucks & buses and related investments. Under the scheme, TMLCV (the CV arm) takes the CV business and will be renamed “Tata Motors Limited,” while the existing listed company is renamed “Tata Motors Passenger Vehicles Limited.” Share entitlement & key dates Shareholders get 1 share of the CV entity for every 1 share held (1:1); your ownership mirrors across b...
Read more

Blackstone acquires majority stake in Ace Insurance Brokers

Image
  Blackstone acquires majority stake in Ace Insurance Brokers Blackstone has bought a majority stake (≈70%) in Ace Insurance Brokers Pvt. Ltd. for about ₹1,700 crore (~US$400 mn) , valuing Ace at US$425–450 mn . Multiple reports call it one of the largest foreign investments in India’s insurance broking sector . Blackstone Inc. Type:  U.S.  public  alternative asset manager (NYSE:  BX ),  ~US$1.2 trillion AUM . Sectors/industries:   Real Estate, Private Equity, Credit & Insurance (BXCI), Infrastructure, Life Sciences, Growth & Secondaries. Main subsidiaries/stakes (examples): Blackstone Real Estate Income Trust (BREIT)  — perpetual private REIT. Blackstone Mortgage Trust (NYSE: BXMT)  — commercial real-estate finance REIT. Blackstone Credit & Insurance (BXCI)  — integrated private credit & insurance platform. Ace Insurance Brokers Pvt. Ltd. Type:  Indian  private  insurance & reinsurance  broker ...
Read more

AkzoNobel to merge with Axalta Coating Systems

Image
AkzoNobel to merge with Axalta Coating Systems — a $25 billion global coatings giant in the making Akzo Nobel N.V. (AkzoNobel) and Axalta Coating Systems Ltd. (Axalta) have signed a definitive agreement to combine in an all-stock merger of equals , creating one of the world’s largest paints and coatings companies. The transaction values the combined group at an enterprise value of about USD 25 billion , with pro-forma annual revenue around USD 17 billion based on 2024 numbers. Under the agreed terms: Ownership: AkzoNobel shareholders will own 55% of the merged company; Axalta shareholders will hold 45% . Consideration: Axalta shareholders will receive 0.6539 AkzoNobel shares for each Axalta share . Special dividend: AkzoNobel will pay its shareholders a €2.5 billion special cash dividend in connection with the merger. Listing & HQ: The combined group will initially be dual-listed in Amsterdam and New York , with dual headquarters in Amsterdam and Philadelph...
Read more