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Indian firms pursue European acquisitions amid growing global ambitions
BusinessLine· 2025-10-28 15:26
Europe is becoming a busy hunting ground for Indian companies eager for acquisitions as they attempt to expand globally, bring in new assets and hone their technical chops.The value of Indian mergers and acquisitions into Europe has reached $5.7 billion in 2025, more than any other full year since 2020, according to data compiled by Bloomberg. It’s still some way behind the record $15.4 billion in 2006.Tata Motors Ltd. led the charge this year with its offer to buy Iveco Group NV for about €3.8 billion ($4 ...
Jim Ratcliffe’s chemicals empire suffers debt downgrade
Yahoo Finance· 2025-09-16 20:51
Sir Jim Ratcliffe’s Ineos has been downgraded to Fitch’s BB- rating - Nicola Campo/LightRocket via Getty Images Billionaire Sir Jim Ratcliffe is facing higher borrowing costs at his Ineos empire after the group’s credit score was cut for the second time in two years. Fitch, the ratings agency, on Tuesday downgraded the creditworthiness of Sir Jim’s company amid concerns about its soaring debt levels and weakness in the global chemicals market. The downgrade to Fitch’s BB- rating marks the second time In ...