M&A
UK minister Sajid Javid meets Tatas’ Mistry in Mumbai
07 Apr 2016
UK business secretary Sajid Javid had a two-hour meeting on Thursday with Tata chief Cyrus Mistry and other officials to discuss the contours of the sale of Tata Steel’s UK assets, with the British government anxious to avoid job losses
Pfizer calls halt to $160bn merger with Allergan: report
06 Apr 2016
The decision comes after the US Treasury unveiled new rules that proposed to limit companies’ ability to participate in inversion transactions if they have been engaged in acquisitions within the past 36 months
Future Group completes all-cash buyout of FabFurnish
06 Apr 2016
The all-cash transaction will see the Future Group bring its entire portfolio of home furnishings and decor business under the FabFurnish brand, while also mixing e-business with brick-and-mortar
New Treasury rules threaten Allergan-Pfizer merger
05 Apr 2016
The US Treasury Department has framed new rules to throttle ‘inversions’, in a move seen to be directly prompted by the proposed Allergan-Pfizer merger, which would create the world’s biggest drug firm
Blackstone to acquire Mphasis in a Rs7,701 cr deal
04 Apr 2016
The acquisition of Mphasis is Blackstone's largest acquisition in India and the largest private equity transaction in the country
Flipkart acquires payment firm PhonePe
01 Apr 2016
Cameron rues lack of takers for Tata’s steel assets
31 Mar 2016
Chairing an emergency meeting on Tata Steel’s decision to pull out of the UK, Prime Minsiter David Cameron said his government will do all it can to save thousands of jobs, but ruled out nationalisation
Air NZ to exit Virgin Australia at a loss
31 Mar 2016
Kingfisher logo, trademarks up for grabs
30 Mar 2016
K M Birla divests Kesoram stake in BK Birla firms
29 Mar 2016
The transactions, carried out in the open market, has reduced to zero Kesoram's holdings in several B K Birla Group companies like Century Enka, Century Textile, Mangalam Timber Products, Mangalam Cement and also in K M Birla's own group outfit Aditya Birla Fashion
Shell in move to offload North Sea oil assets
28 Mar 2016
Dell to sell IT consulting arm to Japan's NTT
28 Mar 2016
Dell Inc is expected to soon announce the sale of its non-core information technology consulting arm to Japan’s NTT Data Corp for $3.5 billion as it seeks to fund its acquisition of EMC Corp