12 Biggest Acquisitions by Indian Companies

7. Tanti Group of Companies and Arcapita Bank BSCc acquired Honiton Energy, April 2010
Deal size: $2 billion, Country: China

Arcapita Bank BSCc is headquartered in Bahrain. It is one of the leading investment firms in the world. In April 2010, this investment firm went into partnership with Tanti Group of Companies. This partnership was of $2 billion and the reason behind this partnership was to develop windmills to produce 1,650 MW power in China.

Tanti Group is an Indian conglomerate company. The Chairman and Managing Director of Suzlon Energy is the owner of this company.

8. Adani Enterprises acquired Port Terminals, May 2011
Deal size: $1.97 billion, Country: Australia

Adani group is an Indian conglomerate company founded in 1988 by Gautam Adani. It has its headquarter in Ahmedabad. Adani Group has a tight grip on various fields. Resources, logistics, energy, agribusiness, etc. are the main operational fields of this group.

During May, 2011, this group announced a deal of $1.97 billion. This deal was to acquire Port Terminal in Australia.

9. Essar Global acquired Algoma Steel, April 2007
Deal size: $1.79 billion, Country: Canada

Algoma Steel was founded by Francis Hector Clergue in 1901. It is one of the very few steel companies that have seen World War I and II.

Essar Global acquired Algoma Steel in 2007. During that period, Essar Global had forty-eight percent of Algoma’s shares. The final deal was set at $1.97 billion.

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