India Dealbook: CarandBike.com, ATK-Mohun Bagan, Jay Shree Tea in M&A news

India Dealbook: CarandBike.com, ATK-Mohun Bagan, Jay Shree Tea in M&A news

Photo: Reuters

Mahindra & Mahindra Ltd Friday said that its step-down unit is fully acquiring CarandBike.com while ATK FC, a football club owned and operated by the RP-Sanjiv Goenka Group, is acquiring a majority shareholding in Mohun Bagan Football Club (India) Private Limited. Meanwhile, Jay Shree Tea and Industries Ltd is selling its stake in two of its tea estates in East Africa.