Indo Count, bed linen major, acquires US-based Wamsutta for $10 million

[ MUMBAI: Indo Count, one of the largest bed linen manufacturers in the country, has acquired Wamsutta, a home fashion brand from NYSE-listed Beyond, the parent company of Bed Bath & Beyond, Zulily, Overstock and a gallery of other brands, for $10.3 million.Wamsutta, established in 1846, has a product line encompassing bedding, bath linens, window … Read more

Adani Ports acquires 95% stake in Odisha’s Gopalpur Port at Rs 3,080 crore

[ AHMEDABAD: Adani Ports and Special Economic Zone (APSEZ), the ports and logistics arm of Gautam Adani-owned Adani Group on Tuesday announced it has acquired a controlling 95% stake in Odisha-based Gopalpur Port. APSEZ has agreed to acquire the stake for an equity value of Rs 1,349 crore and an enterprise value of Rs 3,080 … Read more