India M&A and raises
- Indian corporate activity shows deal activity like Persistent‑Arrka and acquisitions such as Unimech for ₹450 Crore. (x.com) - Coforge‑Encora is mentioned with a USD 550 million loan underpinning expected 20–25% synergies. (x.com) - Fundraising reports include Brookfield at ₹2,600 Crore and Trent raising about ₹2,500 Crore this cycle. (x.com)
Coforge has secured a USD 550 million three‑year loan to complete its roughly $2.5 billion acquisition of Encora. (coforge.com) (coforge.com ) (financialexpress.com ) The facility is arranged with banks including JPMorgan, Bank of America, Citibank, HSBC and BNP Paribas, at a fixed interest rate of 4.6% and a first repayment due six months from closing. (financialexpress.com) (financialexpress.com ) (coforge.com ) Coforge said integration is ahead of plan and expects combined general‑and‑administrative (G&A) cost synergies of 20–25%; Encora’s financials will be consolidated into Coforge effective May 1, 2026. (coforge.com) (coforge.com ) (economictimes.indiatimes.com ) Persistent Systems said the National Company Law Tribunal (NCLT), Mumbai, sanctioned the merger of its wholly owned subsidiary Arrka Infosec into the parent company by order dated April 21, 2026. (nsearchives.nseindia.com) (nseindia.com ) (persistent.com ) Unimech Aerospace has agreed to buy Hobel Bellows for Rs 450 crore in cash, a deal the companies say will expand tubing, metallic bellows and engineered‑assembly capacity for aerospace and precision engineering. (economictimes.indiatimes.com) (economictimes.indiatimes.com ) (vccircle.com ) Brookfield India Real Estate Trust raised about Rs 2,600 crore through an institutional placement, the REIT said, earmarking proceeds for acquisitions and debt reduction. (realty.economictimes.indiatimes.com) (realty.economictimes.indiatimes.com ) (realtydailynews.com ) Tata Group retailer Trent approved an enabling resolution to raise up to Rs 2,500 crore this cycle; the company announced the plan alongside Q4 results on April 23, 2026, and its shares fell about 4% on the news. (multibagg.ai) (multibagg.ai ) (iposcanner.ai ) Regulatory filings and exchange notices in April 2026 record a cross‑sector flurry: Coforge’s bank financing for Encora, Persistent’s NCLT order for Arrka, Unimech’s Rs 450 crore buy and Brookfield REIT’s Rs 2,600 crore placement. (coforge.com) (coforge.com ) (nseindia.com ) (economictimes.indiatimes.com ) (realty.economictimes.indiatimes.com ) Coforge dropped a planned qualified institutional placement after securing the USD 550 million loan, and said FY27 results will reflect eleven months of Encora’s operations beginning May 1, 2026. (coforge.com) (coforge.com ) (economictimes.indiatimes.com )
