M&A
Microsoft meets investors trying to buy out Yahoo: report
26 Mar 2016
Microsoft is reported to have met with possible bidders for Yahoo such as Verizon Communications and private equity firms, who needs backing from the software maker for their offers
ArcelorMittal to sell LaPlace, Vinton steel plants in US to Black Diamond
26 Mar 2016
ArcelorMittal has entered into a definitive transaction agreement to sell its LaPlace and Vinton Long Carbon facilities in the United States to an affiliate of Black Diamond Capital Management
ONGC’s $1.3-bn deal for stake in Rosneft’s subsidiary gets Russian govt nod
26 Mar 2016
While ONGC Videsh will raise its stake in the Vankor cluster in Siberia from 15 per cent to 26 per cent, Indian Oil Corp, Oil India and Bharat PetroResources will together pick up 23.9-per cent stake in Vankor field, taking the overall stake of Indian companies in the oil field to 49.9 per cent
Chinese garment manufacturer Dayang Trands to buy YTO Express for $2.7 bn
23 Mar 2016
Dalian Dayang Trands Co., Ltd. (Dayang Trands) a Chinese garment manufacturer and exporter, yesterday
JSW Energy close to acquiring JSPL power plant for Rs5,200 cr
22 Mar 2016
Sajjan Jindal's JSW Energy is close to acquiring the 1,000-MW power plant of younger brother Navin's Jindal Steel and Power in Raigarh district of Chhattisgarh
Marriott hikes bid for Starwood Hotels & Resorts to $13.6-bn revised
21 Mar 2016
The Marriott-Starwood deal would create the world's largest hotel chain with more than 5,500 hotels and 1.1 million rooms across brands that include Marriott International, Ritz-Carlton, JW Marriott, Sheraton, Ritz Carlton, the Autograph Collection, Westin, Le Meridien, St. Regis, and Aloft.