In what’s being seen as the
largest M&A deal in India’s automotive history, Apollo Tyres has announced
it will acquire US-based Cooper Tire & Rubber Company in an all cash transaction
valued at $2.5 billion or around Rs 14,500 crore.
The deal is larger than Tata
Motor’s $2.3 billion Jaguar - Land Rover acquisition, which will propel Apollo
from 16th to 7th spot among the biggest tyre companies in
the world. With this Kanwar joins a select group of Indian businessmen who are
part of the top league whose brief profiles are given below. They are leaders
in their sectors.
Mukesh Ambani
Company: Reliance Industries Industry: Polyester fibre & yarn
Rank: 1 Capacity:
2.5 million tonnes.
Brij Mohan Lall
Company: Hero Motocorp Industry: Two-wheeler
Rank: 1 Capacity: 6.2 million units.
Anand Mahindra
Company: Mahindra &
Mahindra Industry: Tractors
Rank: 1 Capacity: 236,000 units
Kumar Mangalam Birla
Company: Aditya Birla Nuvo Industry: Carbon Black
Rank: 1 Capacity: 2 million tonnes.
Anil Agarwal
Company: Hindustan Zinc Industry: Zinc
Rank: 1 Capacity: 1 million tonne.
Baba Kalayani
Company: Bharat Forge Industry: Forging
Rank: 2 Turnover: Rs 3,249 crore.
Sunil Mittal
Company: Bharati Airtel Industry: Telecom
Rank: 4 User base: 272 million.
Cyrus Mistry
Company: Tata Motors Industry: Commercial vehicles
Rank: 4 Capacity: 600,000 units.
Narayana Murthy
Company: Infosys Industry: IT
Rank: 8 Revenues: Rs 36, 765 crore.
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